Case 62 Spirit of Texas Bancshares, Inc.

Spirit of Texas Bancshares, Inc. is a registered banking holding corporation with headquarters in Texas. The corporation offers a wide range of commercial and retail banking services through the wholly owned bank subsidiary, Spirit of Texas Bank SSB. The Corporation has operations in 38 locations in Houston, Dallas/Fort Worth, Bryan/College Station, San Antonio-New Braunfels, Corpus Christi, Tyler, Austin metropolitan areas, and North Central Texas. Spirit of Texas offers relationship-driven financial services to small and medium-sized businesses with annual revenues in the range of $3 million to $30 million. The bank offers a wide range of commercial products such as term loans, operating lines of credit to commercial and industrial firms, commercial real estate loans, construction and development loans, SBA loans, commercial deposit accounts, and treasury management services. The retail offerings of the bank include consumer loans, 1–4 single-family residential real estate loans, and retail deposits. Spirit of Texas Bank is the sole banking subsidiary of Bancshares Corporation. The total assets, gross loans, and deposits increased by 32%, 31%, and 35%, respectively, during the period 2018–2021.