STXB - Spirit of Texas Bancshares, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Spirit of Texas Bancshares, Inc.

1836 Spirit of Texas Way
Conroe, TX 77301
United States
936-521-1836
http://www.sotb.com

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees279

Key Executives

NameTitlePayExercisedYear Born
Mr. Dean O. BassChairman & CEO712.39kN/A1951
Mr. David M. McGuirePres & Director706.23kN/A1964
Mr. Jeffrey A. PowellExec. VP & CFO410.3kN/A1958
Mr. Jerry D. GolemonExec. VP & COO380.43kN/A1956
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Spirit of Texas Bancshares, Inc. operates as the holding company for Spirit of Texas Bank SSB that provides various commercial and retail banking services to small and medium-sized businesses and individuals. It offers checking accounts, money market accounts, savings accounts, certificates of deposit, and IRA accounts. The company also provides commercial and industrial loans; 1-4 single family residential real estate loans; construction, land, and development loans; commercial real estate loans, such as owner-occupied commercial real estate loans, other commercial real estate loans, and multifamily loans and farmland; consumer loans and leases; and municipal and other loans. In addition, it offers debit and credit cards, safe deposit boxes, wire transfer and treasury management services, and online banking services; and invests in U.S. Treasury bills and notes, as well as in securities of federally sponsored agencies, such as Federal Home Loan Bank bonds. The company operates through a network of 23 full-service branches located in the Houston, Dallas/Fort Worth, and Bryan/College Station metropolitan areas, as well as North Central Texas. Spirit of Texas Bancshares, Inc. was founded in 2008 and is headquartered in Conroe, Texas.

Corporate Governance

Spirit of Texas Bancshares, Inc.’s ISS Governance QualityScore as of June 25, 2019 is 9. The pillar scores are Audit: 3; Board: 10; Shareholder Rights: 8; Compensation: 7.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.