According to the Dallas Business Journal’s DFW Bank Snapshot, Susser Bank has emerged as one of the fastest-growing banks in DFW. Over the past five years, our assets and deposits have grown significantly, with assets nearly tripling to almost $2 billion, and deposits more than tripling to $1.7 billion – while simultaneously attracting exceptional talent and expanding our footprint to include every major Texas market.
Welcome back to the DFW Bank Snapshot, a weekly series that closely examines financial institutions headquartered in Dallas-Fort Worth.
This week, we’re looking at Susser Bank.
The Dallas-based bank started in 1959 as an institution to serve Affiliated Food Stores. Today, it’s one of the region’s fastest-growing banks. Assets have almost tripled over the past five years to almost $2 billion, while deposits have more than tripled to $1.7 billion.
Susser’s loan book, of which more than half is concentrated in commercial real estate, has more than doubled to $1.4 billion over the past five years.
In 2018, Susser Bank Holdings LLC purchased control of what was then called Affiliated Bank. Under the Susser family’s control, the bank hired employees, expanded to new Texas markets, upgraded its technology platform and also shifted its focus from home building to doing more business with the commercial and industrial and commercial real estate fields.
Affiliated Bank rebranded to Susser Bank in 2021, and businessman Sam L. Susser took over as CEO of his eponymous bank later that year. Susser Bank currently has nine branches, including seven in DFW. The bank has opened branches in Houston, Round Rock and San Antonio, with plans to open a branch in Austin this year.
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