BTH Bank explained

BTH Bank
Type:Privately held company
Industry:Banking
Location:Quitman, Texas
Key People:Bob Dyer, Chairman & CEO, Lori Sirman, President
Assets:$1.979 billion (6/30/20)
Equity:$0.260 billion (6/30/20)
Footnotes:[1]

BTH Bank is a bank headquartered in Quitman, Texas. It operates 13 branches, all of which are in East Texas and the Dallas–Fort Worth metroplex.

History

The bank was formed as The First National Bank of Quitman on October 21, 1914.[1]

In 2005, the bank changed its name to BankTexas.[1]

In 2013, Bob Dyer was named chairman and chief executive officer of the bank.[2]

The bank received $42 million in equity investments in 2013 and another $45 million in equity investments in 2015.

In 2015, the bank changed its name to BTH Bank to differentiate itself and comply with intellectual property laws.[1]

In 2017, the bank was ranked third in total deposits in Longview, Texas.[3]

In October 2017, the bank opened a branch in McKinney, Texas.[4]

Notes and References

  1. Web site: FDIC Bank Info: BTH Bank, National Association (FDIC # 3402) . Federal Deposit Insurance Corporation.
  2. News: BankTexas adds three former Texas Bank and Trust executives . . January 17, 2013.
  3. News: With exception of BTH, Longview banking market shows little change IN 2017 . Jo Lee . Ferguson . . October 20, 2017.
  4. News: BTH Bank now open on Eldorado Parkway in McKinney . Cassidy . Ritter . . October 23, 2017.