NexBank Overview and Leadership Analysis

NexBank is a leading financial institution that has been serving its customers for over 115 years. Founded in 1922 as a community bank, NexBank has grown to become a top player in the industry.

NexBank's leadership team is comprised of experienced professionals who have a deep understanding of the banking industry.

NexBank's CEO, John Holt, has been at the helm since 2016 and has played a crucial role in the bank's growth and expansion.

NexBank boasts substantial scale with total assets of $13,943,020k, making it a significant player in the financial industry.

The bank's financial structure is impressive, with total liabilities standing at $12,614,715k and total equity capital at $1,328,305k.

NexBank has a strong presence in the market, with total deposits of $10,257,870k, indicating a high level of customer trust and confidence.

The bank's net loans and leases stand at $9,016k, showing a calculated approach to lending and risk management.

NexBank's Tier 1 Risk-Based Capital Ratio is a healthy 14.9347, demonstrating the bank's ability to manage risk and maintain stability.

The bank's Return on Assets is a respectable 0.53, indicating a good balance between profitability and risk.

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NexBank boasts total assets of $13,943,020k, showcasing its substantial scale and influential market presence.

The bank's total liabilities stand at $12,614,715k and total equity capital at $1,328,305k, providing a nuanced breakdown of its financial structure and stability.

Total deposits at NexBank amount to $10,257,870k, while net loans and leases are valued at $9,016k.

The Tier 1 Risk-Based Capital Ratio is a key indicator of the bank's financial stability, standing at 14.9347.

NexBank's Return on Assets is 0.53, providing valuable insights into its risk management strategies and overall profitability.

With total assets valued at $13,943,020k, NexBank is a significant player in the financial sector.

The bank's network consists of 3 domestic offices, underscoring its strong community focus and local market presence.

NexBank is FDIC insured, ensuring that deposits are protected up to the applicable limits, and maintaining customer trust and financial security.

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NexBank is a Texas-chartered bank that operates as a subsidiary of NexBank Capital Inc.

NexBank was founded in 1934 and is headquartered in Dallas, Texas.

The bank provides a range of financial services, including commercial banking, mortgage banking, and institutional services.

NexBank has a relatively small workforce, with 123 people employed at the company.

Getting a sense of a company's size can be helpful in understanding its operations and culture.

123 is a manageable number for a bank, allowing for efficient communication and decision-making.

This number suggests that NexBank prioritizes personal attention to its customers' needs.

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The NAICS code is a six-digit number used by the US Census Bureau to classify businesses based on their industry and type of activity.

NexBank has multiple NAICS codes, including 52 and 5221.

The NAICS code 522 is related to banks and credit unions.

NexBank's NAICS code 522110 specifically refers to commercial banks.

The NAICS code 52211 is also related to commercial banks, with a focus on federal commercial banks.

A SIC code, or Standard Industrial Classification code, is a six-digit number used to classify businesses and industries.

The SIC code for NexBank is 602, and it also falls under the broader category of 60, which represents banks.

NexBank's SIC code of 602 specifically identifies it as a commercial bank.

NexBank's financial standing is robust, with Net Loans and Leases totaling $9,015,694k.

The bank's core operations and revenue streams are supported by a significant Net Interest Income of $71,856k.

NexBank's Tier 1 Risk-Based Capital Ratio is a healthy 14.9347, indicating strong financial stability.

This ratio is a key indicator of the bank's ability to absorb potential losses and maintain financial security.

NexBank is FDIC insured, ensuring that deposits are protected up to the applicable limits, which is a major plus for customers.

The bank's total assets are valued at a substantial $13,943,020k, demonstrating its significant presence in the financial sector.

NexBank operates through a network of 3 domestic offices, providing a strong local market presence and community focus.

This combination of local focus and broader operational reach allows NexBank to effectively serve local communities while benefiting from larger-scale operations.

NexBank is a Dallas-based bank that has been in operation for over 115 years, making it a trusted institution in the community.

The bank has a strong focus on investment and leadership, which has allowed it to grow and thrive over the years.

NexBank's leadership team has a deep understanding of the financial industry and has implemented strategies that have led to increased profitability and efficiency.

The bank's investment approach is centered around providing high-yield certificates of deposit (CDs) that offer competitive rates to customers.

NexBank's commitment to leadership and investment has earned it a reputation as a reliable and innovative financial institution.

The bank's investment portfolio is carefully managed to ensure that it remains diversified and aligned with the needs of its customers.