In an April article, “Chan Patel turned to other motel owners to start State Bank of Texas“, Asian Hospitality journal reports how Chan Patel founded the State Bank of Texas in the 1980s with only $2 Million in capital, and then steadily built upon that to show $90 million in equity capital and total assets of $432 million now. The bank is particularly successful with commercial real estate (“CRE”) loans — so much so that the FDIC allows it to […]