A Look Inside a Top-Performing Bank — with Sushil Patel of State Bank

“We're not just seeking growth to grow and to reach a certain asset size, or reach a certain profit dollar amount. We're going to stick to our lending philosophy … and let it come as it may.” For State Bank of Texas, says president Sushil Patel, blind growth just isn’t in its business plan.

In this episode, Patel tells host Charles Potts why this immigrant-founded community bank has thrived by cornering the hospitality lending market and capitalizing on its leaders’ and board members’ own experience in the hotel industry.

Something’s clearly working: State Bank of Texas was recently named Independent Banker’s #1 Best Performing Bank in its asset class, based on return on assets.

This episode is sponsored by FIS.

Curious about who else made Independent Banker’s Best Performing Banks 2023 list? See all the winners.