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Lower taxes, more M&A: Behind a California bank’s move to Texas

American Banker

First Foundation is relocating its corporate headquarters to Dallas, where the tax burden is lighter and it sees more opportunity to beef up lending, add wealth management clients and pursue acquisitions of community banks.

Taxes 65
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The top-performing community banks of 2021

Independent Banker

3-yr average pre-tax ROA. pre-tax ROA: 3.08%. pre-tax ROA: 2.83%. pre-tax ROA: 2.68%. 3-yr average pre-tax ROA. pre-tax ROA: 2.68%. In true community bank fashion, each has its own story to tell and its own path to success. Molly Bennett, executive editor, Independent Banker. Less than $300 million.

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Uber Facilitated More Than $600M In Tips For Drivers

PYMNTS

In May, it launched mid-trip ratings and tips, and that has driven a 30 percent increase in tipping, said Uber Product Manager Dhruv Tyagi. Lyft found that the most generous tippers were located in New York City, Atlanta, Detroit, Dallas, San Jose, Minneapolis, and Westchester County, NY.

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Welcome To Alexa City

PYMNTS

But a little more surprisingly, the second city to do so lies 1,000 miles away from Silicon Valley, in a Dallas suburb called University Park. Down the road, she could provide information about the city budget and where taxes go, or connect people with resources to improve their community and help their neighbors. University Park.

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JCPenney Lands Buyer For Headquarters Sale

PYMNTS

According to a press release , the capital markets team from commercial real estate services firm Avison Young is advising a Dallas investor in the acquisition and repositioning of the headquarters. Just last week JCPenney announced plans to sell its expansive headquarters campus located in Plano, Tex., Capital Markets for Avison Young.

Dallas 100
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15 Minutes With—Les Leskovin

Independent Banker

Leskoven: We’re about 45 miles southeast of Dallas. IB: Along with its banking operations, Community National Bank manages about $250 million in personal and institutional assets through its trust and investment management department. We manage charitable and personal trusts, IRAs and, of course, settle estates.

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What Goes Up …

Independent Banker

Coping just fine, community banks in energy-producing regions manage the oil-price plunge. He says building owners must pay utility bills and property taxes even if a prime tenant has vacated, giving underlying stability to the oil industry and their supporting loans. By Howard Schneider. percent expansion last year.