Independent Banker - July 2021 - 45

" I'm passionate about
the community bank
model. The reason
I started the bank is
that a community
bank is one of the only
entities that multiplies
the wealth in the
community it serves. "
-ERIK BEGUIN,
AUSTIN CAPITAL BANK
Rank Bank Name
1
2
3
4
5
6
7
8
9
10
11
on the list of successful banks. When
Beguin and a partner launched the
community bank in 2006-right
before the Great Recession-they
hired other people to run it. But the
bank's first two years were so rough
that Beguin took the reins himself.
" When I took over in Q1 of 2008,
we were the worst-performing bank
in the state of Texas, " he says, " but I
was too stubborn to let us fail. "
Taking the reins
Soon after taking charge, Beguin
decided to stop traditional consumer
and mortgage lending and focus
on other markets, such as lending
to investors.
" Lending to investors in Austin
from 2008 to 2014 was fantastic, "
he recalls. " Since I'm not a banker,
I created products for people who
didn't fit the typical bank customer
model. The success of those years
got us over the hump and created a
stable platform that has allowed us
to build the technology platform and
add the mortgage division. "
The community bank launched its
mortgage division in 2018 and now
has 14 loan production offices around
the country. Its proprietary Trident
technology platform, which Beguin
12
13
14
15
16
17
18
19
20
Consumer and mortgage: Less than $500 million
City
Austin Capital Bank SSB
Paramount Bank
The National Iron Bank
First Federal Bank, A FSB
Second Federal Savings and Loan
Association of Philadelphia
Fidelity Bank
Liberty Bank, Inc.
First State Bank
Austin
Saint Louis
Salisbury
Tuscaloosa
Philadelphia
West Des Moines
Salt Lake City
Elmore City
Citizens Federal Savings and Loan Association Bellefontaine
Gateway Bank, F.S.B.
The First National Bank of Gilbert
The Miners National Bank of Eveleth
Allied First Bank, sb
Schuyler Savings Bank
Willamette Valley Bank
Systematic Savings Bank
The City National Bank of Colorado City
Citizens Guaranty Bank
Community Savings
Citizens Bank of Morgantown, Inc.
Oakland
Gilbert
Eveleth
Oswego
Kearny
Salem
Springfield
Colorado City
Irvine
Caldwell
Morgantown
State
TX
MO
CT
AL
PA
IA
UT
OK
OH
CA
MN
MN
IL
NJ
OR
MO
TX
KY
OH
WV
Consumer Lender Score
99.30
99.20
97.21
97.19
97.10
96.13
95.79
95.68
94.63
94.25
93.88
93.32
93.16
93.10
92.69
92.66
92.61
92.35
92.24
92.23
Consumer and mortgage: $500 million to $1 billion
Rank Bank Name
1
City
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
Georgia Banking Company
Apex Bank
One American Bank
First Community Bank of Tennessee
Lead Bank
William Penn Bank (MHC)
Evolve Bank & Trust
Magnolia Bank, Inc.
University Bank
BankSouth
Community First Bank
Bank of England
Presidential Bank, FSB
Fidelity Bank
Cross County Savings Bank
FirstBank
The Dart Bank
Mechanics Bank
Partners Bank
First Central Savings Bank
Sandy Springs
Camden
Sioux Falls
Shelbyville
Lee's Summit
Bristol
Memphis
Hodgenville
Ann Arbor
Greensboro
Walhalla
England
Bethesda
Metairie
Middle Village
Antlers
Mason
Mansfield
Sanford
Glen Cove
State
GA
TN
SD
TN
MO
PA
TN
KY
MI
GA
SC
AR
MD
LA
NY
OK
MI
OH
ME
NY
Consumer Lender Score
97.87
97.03
96.54
96.37
95.77
95.63
94.93
94.33
94.17
92.10
92.07
91.78
91.32
91.18
89.66
89.56
89.41
89.23
87.53
87.36
independentbanker.org Q 45
http://www.independentbanker.org
Independent Banker - July 2021

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