January 17, 2020|By Ed Arnold – Managing Editor, San Antonio Business Journal
Though large banks often grab the headlines, community banks are often turned to for commercial loans by medium and small businesses in the Alamo City.
Along with the local economy in general, commercial and industrial lending at the city's largest community banks is also up, having grown by more than 35% third-quarter 2019, according to the most recent data available from the Federal Deposit Insurance Corp.
HOW THE LENDERS SEE IT
The San Antonio Business Journal asked several executives at San Antonio's community banks to tell us what drove the growth and what they expect for the sector in the new year.
THE BANK OF SAN ANTONIO
Alan Smith, executive vice president and chief lending officer for The Bank of San Antonio, weighs in on commercial lending and offers advice for businesses seeking loans in the new year.
Alan Smith, executive vice president and chief lending officer for The Bank of San Antonio, weighs in on commercial lending and offers advice for businesses seeking loans in the new year.