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| 15 Best Run Community Banks, based on ROAA and Efficiency Ratio for 2014 | Chan Patel, Founder |
Tuesday, September 16, 2014
Chan Patel Founded Bank is Top Community Bank in U.S.!
The bank founded by Chan Patel, the State Bank of Texas, headquartered in Dallas has been designated as the highest-ranking community bank out of over four-thousand community banks in the United States, standing out from the crowd due to an excellent ROAA (Return On Average Assets) of 5.1% and an equally enviable ER (Efficiency Ratio) of 24.4%.
The State Bank of Texas was declared the #1 Community Bank in the U.S. this month by Sageworks, a financial information company founded in 1998 in a business incubator in
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