NexBank Capital, Inc. is a company that deals in financial services and serves its clients through Mortgage Banking, Commercial Banking and Investment Banking. It is Dallas-based company announced that they completed twenty-four million dollars mutual equity capital raise. The proceeds from capital raising effort would use for general corporate. It provides customized banking and financial services primarily to different financial institutions, institutional clients, and companies or corporations nationwide.
With more than US$4 billion in assets, NexBank delivers mortgage, commercial banking, and institutional services mainly to financial institutions and institutional clients and is committed to serving the financial and banking needs of bigger corporations, real estate investors, and middle-market companies.
NexBank SSB, a subsidiary of NexBank Capital, provides financial and banking services and products. It provides savings accounts, personal checking accounts, mobile banking and mortgages; and commercial savings accounts, Internet banking, checking accounts, along with treasury management, in addition to the commercial lending services, including real estate and business loans.
The company also deals in institutional services, including corporate lending, acquisitions and mergers, corporate advisory and finance, customized programs, agency services, syndicated loan servicing, land advisory services and investment banking.
It serves institutions, companies, and individuals in whole Texas. In August 2005, Heritage Bank formally canceled and a new name stepped in that is NexBank SSB. The company is headquartered in Dallas and founded in 1922.
John Holt, CEO, and President of NexBank Capital, Inc., said that they are pleased with the ongoing success of the capital raise and strongly appreciate the optimistic response from their shareholders. The capital raise will provide extra support for the continued development and growth opportunities of NexBank which will indirectly pay to their shareholders. NexBank SSB retained its status of well-capitalized with a 9.44& Tier 1 leverage ratio and a total 12.98% risk-based capital ratio.