CEO and President of NexBank, John Holt, recently spoke at the Texas Bankers Association Strategic Opportunities and M&A Conference in New Orleans. Mr. Holt spoke during the Banker Panel on the topic “Reinventing Community Banking: Perspectives on Competing by Innovation”. The annual conference is for bank leaders to share ideas on opportunities and challenges facing community banks today.
The bank’s holding company, Nexbank Capital, Inc serves customers through three branches of their business: Mortgage Banking, Commercial Banking, and Institutional Services. As of December 31, 2016, Nexbank had $4.6 billion in assets. The bank is headquartered in Dallas, TX, and it is the 14th largest bank in Texas. The online bank watchdog “My Bank Tracker” gives NexBank a A+ rating.
Although Nexbank only has four physical bank branches, it continues to be a top 15 bank in the state of Texas which is home to many banks that are considered to be the largest in the country. What is even more impressive is the fact that the bank has remained privately held in a time where most of your larger banks are traded on the stock exchange.