The BankTexas Story
In October 2014, BankTexas celebrated its 100 year anniversary! Our rich history can be traced back to William Lloyd who founded the bank in Quitman, Texas.
On January 16, 2013, BankTexas embarked on a new business model. The bank added additional leadership talent and conducted an equity offering to elevate the capital of the bank. We are pleased to report that in December 2013 the bank added approximately 182 new shareholders who invested a total of $42 million in the bank. With an extensive and diverse shareholder base of approximately 600 owners, we believe that BankTexas is one of the few true community banks in East Texas.
In December 2012, the bank had approximately $224 million in assets and $189 million in deposits. As of November 2014, total assets were $629 million and deposits grew to $566 million. As you can imagine, we are excited about the growth thus far and the outlook for the future.
The promise of exceptional service includes a commitment to offer customer beneficial products by giving customers what they want to the extent practical. We believe customers appreciate a fair and reasonable approach to banking. Our desire is to establish long term mutually beneficial relationships.
BTH Bank Dallas!
Our BTH Bank location is at the corner of Central Expressway and Southwestern in Dallas. Intellectual property considerations preclude us from using BankTexas in this market so the bank is named BTH Bank, a division of BankTexas N. A. Our three bankers in Dallas together have over 40 years of banking experience. They embrace our banking model and are excited to share our philosophy on relationship banking with their customers and friends.
On May 5th, 2014 BankTexas opened its new location at 606 W. Panola in Carthage, Texas. This fresh and unique facility fits nicely with our fresh and unique approach to banking.