Chairman and CEO Sam L. Susser spoke with the Dallas Business Journal about how we are building a company designed to serve the communities we live in for generations to come.
Sam L. Susser has taken over as Chairman and CEO of his eponymous bank as the company prioritizes organic top-line growth, actively hires across the state and diversifies its loan portfolio.
Though Susser didn’t have experience in community bank leadership prior to Susser Bank Holdings LLC acquiring a majority stake in BancAffiliated Inc. in 2018, the new helm of the company said he has a strong team and clear strategy. Susser said the bank is on track for “steady” growth over the next several years.
Since the acquisition, Susser Bank has more than doubled in assets to $1.4 billion, with a loan portfolio of about $800 million, he said. The bank has also ramped up its internal and client-facing technology, hired dozens of new employees this year and increased liquidity for loans.
“I think there’s going to continue to be significant opportunities because of the caliber of the people that have decided to reach out to us and join us in building a company that’s going to be around for generations,” Susser said.
By Catherine Leffert – Staff Writer, Dallas Business Journal
Sep 14, 2021, 8:38am CDT