AffHave you ever heard of a financial institution by the name of NexBank? Well, if you’re not from around the Dallas, Texas Area then you probably might not be “in the know,” but NexBank is the perfect example of organic growth in a demanding environment. Formely known as Heritage Bank, NexBank has evolved into a full blown powerhouse that specializes in mortgage, investment, and commercial services. Not only does it offer top notch services for individuals, it offers top notch services for larger corporation, middle market companies, real estate investors, institutional clients, as well as valuable services for other banking centers.
Though being a regional style bank, NexBank offer many of the same service as it’s much larger counterparts. These counterparts are known as national banking institutions, which includes Capital One, Wells Fargo, JP Morgan Chase, Citi Bank, SunTrust Bank, and many more. There aren’t too many regional banks that can compete at this level, but NexBank defies all odds. Did you know that this premier institution has an estimated $4.6 Billion in assets? That’s right! Since 2015, this is a 71% growth rate, which outperforms most of the competitions. Check out the facts below:
- Total deposits have exceeds $3 Billion
- $2.83 Billion in loan support
- 2016 net income exceeds $83 Million
Each and every financial category skyrocketed upward from the previous year. NexBank’s ability to grow and evolve comes from strategic planning and John Holt has all bases covered. Holt is the CEO and President here and his winning way of thinking has boosted the banks performance. Holt has provided services as a guest panelist at the “Texas Bankers Association” Conference in New Orleans and he has been a part of Dallas’ Affordable Home Loan Program of 2016 where NexBank offered up to $50 Million in loan support. This article only scratches the surface of what this dynamic duo has accomplished, but stay tuned because there is a lot more in store.