Based in Dallas, Texas, NexBank is one of the leading regional banks. It’s the 4th largest bank based in Dallas and the 13th largest in the entire state of Texas. In 2015, the bank’s mortgage banking volume extended to $3.5 billion, $5.0 billion during 2016 and $1 billion in during the first three months of 2017. According to a March 2017 quarterly profile, the bank has assets worth $5.3 billion and a charter dating back to 1922.
NexBank took the 10th position from a research of the Best-Performing community bank in the U.S with assets between $1 billion and $10 billion by S&P Global Market Intelligence in 2016. It was also rated among the Top 25 Residential Real Estate Lenders based on the total profitability (ROA) during the 2nd Quarter of 2016.
In June 2016, NexBank publicized that it had productively concluded a $24 million common equity capital raise. The proceeds were to be used for general corporate purposes including providing added support for the bank’s continual growth and development opportunities according to John Holt, the NexBank Capital, Inc. President and CEO.
In December 2015, the bank announced its acquisition of College Savings Bank of Princeton, New Jersey, which specializes in over 500 college saving programs. The acquisition was an opportunity for the bank to expand and grow, as well as allow it to better serve its clients.
About NexBank Capital, Inc
NexBank Capital, Inc serves its customers by providing three core services which include Commercial Banking, Institutional Services, and Mortgage Banking. It is also dedicated to providing banking and financial requirements of big corporations, middle-market businesses, and real estate stakeholders.