Trinity Bank Named as One of the 2024 Top-Performing Banks by American Banker

Rhea-AI Summary

Trinity Bank has been named one of the 2024 Top-Performing Banks by American Banker. The recognition highlights the bank's status as one of the best publicly traded banks with assets under $2 billion. The accolade is based on data from year-end 2023, showing that these banks had a lower median efficiency ratio, higher median net interest margin, and stronger median net loan growth compared to other community banks.

Matt R. Opitz, CEO of Trinity Bank, attributed the success to the bank's conservative management practices and the dedication of its staff. Established in 2003, Trinity Bank aims to provide personalized banking services to the North Texas community while maintaining the high standards of a larger institution. More information is available on their website at trinitybk.com.

100 Banks Recognized in National Award

FORT WORTH, TX / ACCESSWIRE / July 2, 2024 / Trinity Bank has been recognized as a part of an annual list developed by American Banker as one of the top-performing publicly traded banks with under $2 billion in assets.

"We are honored to be recognized for our hard work in the banking industry and recognitions like this are a true testament to our emphasis on relationships and conservative management practices," said Matt R. Opitz CEO of Trinity Bank. "As always, I would like to recognize and thank our dedicated staff who works tirelessly to provide exceptional experiences in every interaction with our valued customers. Without them, recognitions like this would not be achievable"

Data was compiled and analyzed by the consulting firm Capital Performance Group (CPG). The banks that made this year's list, which was based on data from year-end 2023, posted a lower median efficiency ratio, higher median net interest margin, and a stronger median net loan growth compared with all publicly traded community banks.

This recognition will aid Trinity Bank in the continuing mission of providing personalized service to the North Texas community with a national level attention to detail. Customers can contact the bank by visiting trinitybk.com or calling 817-763-9966.

About Trinity Bank
Trinity Bank was established in 2003 to provide the North Texas business community with experienced bankers that offer the services of a big bank with the personalized touch of a local community bank. Trinity Bank was founded on sound financial principles and a commitment to providing exceptional customer experiences. For more information visit, trinitybk.com.

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This Press Release may contain certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 regarding future financial conditions, results of operations and the Bank's business operations. Such forward-looking statements involve risks, uncertainties and assumptions, including, but not limited to, monetary policy and general economic conditions in Texas and the greater Dallas-Fort Worth metropolitan area, the risks of changes in interest rates on the level and composition of deposits, loan demand and the values of loan collateral, securities and interest rate protection agreements, the actions of competitors and customers, the success of the Bank in implementing its strategic plan, the failure of the assumptions underlying the reserves for loan losses and the estimations of values of collateral and various financial assets and liabilities, that the costs of technological changes are more difficult or expensive than anticipated, the effects of regulatory restrictions imposed on banks generally, any changes in fiscal, monetary or regulatory policies and other uncertainties as discussed in the Bank's Registration Statement on Form SB-1 filed with the Office of the Comptroller of the Currency. Should one or more of these risks or uncertainties materialize, or should these underlying assumptions prove incorrect, actual outcomes may vary materially from outcomes expected or anticipated by the Bank. A forward-looking statement may include a statement of the assumptions or bases underlying the forward-looking statement. The Bank believes it has chosen these assumptions or bases in good faith and that they are reasonable. However, the Bank cautions you that assumptions or bases almost always vary from actual results, and the differences between assumptions or bases and actual results can be material. The Bank undertakes no obligation to publicly update or otherwise revise any forward-looking statements, whether as a result of new information, future events or otherwise, unless the securities laws require the Bank to do so.

Media Contact:
Thomas Graham
media@crosswindpr.com
512-537-1414

SOURCE: Trinity Bank, NA

View the original press release on accesswire.com

FAQ

What recognition did Trinity Bank receive in 2024?

Trinity Bank was named one of the 2024 Top-Performing Banks by American Banker.

What criteria were used to select the 2024 Top-Performing Banks?

The selection was based on data from year-end 2023, including lower median efficiency ratios, higher median net interest margins, and stronger median net loan growth.

How does Trinity Bank plan to use the recognition from American Banker?

The recognition will support Trinity Bank's mission to provide personalized service to the North Texas community with national-level attention to detail.

Who is the CEO of Trinity Bank?

The CEO of Trinity Bank is Matt R. Opitz.

What is the website for Trinity Bank?

The website for Trinity Bank is trinitybk.com.

How can customers contact Trinity Bank?

Customers can contact Trinity Bank by visiting trinitybk.com or calling 817-763-9966.

When was Trinity Bank established?

Trinity Bank was established in 2003.

What kind of banking services does Trinity Bank offer?

Trinity Bank offers personalized banking services with the experienced touch of a local community bank.