Triumph Bancorp, Inc. (NASDAQ: TBK) was founded in 2003 and is headquartered in Dallas, Texas, with 1,121 full-time employees. It is a bank holding company. Through holding TBK Bank, SSB provides banking services to retail customers and small and medium-sized enterprises in the United States. Commercial financial products and services.
Triumph Bancorp, Inc. (TBK):
Triumph Bancorp is a financial holding company headquartered in Dallas, Texas, with diversified community banking and commercial financial activities. The company’s banking subsidiary TBK Bank, SSB is a Texas savings bank that provides commercial and consumer banking products, focusing on satisfying the needs of Texas, Colorado, Kansas, Iowa and Illinois customer demand.
Triumph Bancorp also serves a national customer base through the Triumph Commercial Finance division, which provides independent insurance agents with factoring, equipment loans, asset loans and advanced financing solutions.
In addition, Triumph Bancorp also provides discount factoring through Advance Business Capital LLC, d/b/a Triumph Business Capital; and provides insurance services through Triumph Insurance Group, Inc.
Triumph Bancorp operates through 3 departments : Banking (bank), Factoring (factoring) and Corporate (corporate). The company provides:
- Deposit products, including checks, savings and money market accounts, and certificates of deposit; commercial and industrial loans, loans for the purchase of capital equipment, and commercial loans for working capital and operational purposes.
- In addition, the company also provides asset, equipment and premium financing loans; real estate loans for commercial real estate financing; factoring services for the transportation and non-transportation sectors; agricultural loans; commercial construction, land and land development loans; mortgage warehouse loans; residential real estate loans ; And consumer loans.
- Furthermore, it also provides debit cards; electronic banking, trust and fund management services; and insurance brokerage services.
As of December 31, 2018, Triumph Bancorp has 10 branches in Iowa and Quad Cities Metropolitan Area in Illinois; 8 branches in central and northwestern Illinois; 7 branches in southern Colorado; There are 3 branches in New Mexico; 30 branches in Colorado; 2 branches in western Kansas; and 1 loan office each in Littleton, Colorado Springs, Durango and Lee’s Summit.