Benchmark Bank’s Blog - Category: “Public Relations”

BMB Third Quarter 2011

| Benchmark Bank News, Public Relations

The following email was sent to All Employees from our CEO, Mike Barnett, on Monday 10/10:

I am so excited and proud to announce that in September, ALL seven of our entities posted a profit. This is truly fantastic news. It has been a GREAT quarter for the Benchmark companies as everyone made money. Combined we made $2,497,625 in the third quarter, and current year-to-date earnings are $4,125,510.

Benchmark Bank was our strongest entity again this quarter, with a net income of just over 1 million. Past dues were less than 1% of total assets, which is phenomenal. I am very proud of our loan officers and also attribute this to our excellent customer base. We dedicated our executive boardroom in Plano in memory of David Crockett on September 29th, and we enjoyed celebrating his memory will all of you who were able to attend. It was also fun to get to recognize our board members who have been with us over 40 years: Larry Green and McCain. We are very fortunate to have so many long-term and loyal employees at Benchmark.

Benchmark Title was profitable again this quarter, earning $26,573.28. They had a great month in September and we look forward to this trend continuing for the rest of the year.  Benchmark Title has secured the lease on the 4th floor annex of the office building at 2000 McKinney in Uptown Dallas, and we are finishing out the space now. We are excited for our commercial title group to all move into this new space next month.

AMC Correspondent had a great quarter, earning $940,643.04. This makes them positive for the year, which is fabulous news after a rough start to 2011 due to tough economic conditions. In September, AMC Correspondent posted a profit of over 1 million – keep up the great work! 

AMC Retail also had a great quarter. Combined the 4 locations earned $516,502 in Q3, with Houston leading the way. I am excited to announce that Todd Potter, formerly of AMC Correspondent, has joined AMC Retail as their National Sales Manager. Todd will be managing the LO’s and leading our retail mortgage expansion across the country.

Two exciting honors for Benchmark which I’d like to mention (both will be formally announced in November):

The Dallas Morning News has selected Benchmark Bank & Benchmark Title as one of the Top 100 Places to Work
For the second year in a row, Benchmark Bank has been ranked one of the fastest growing privately held companies in North Texas by the SMU Cox School of Business.

I am thrilled with this quarter and again want to reiterate that every entity made a profit in September.

Keep up the great work and thanks for what you do! 

Womble joins Benchmark Bank as Mortgage Specialist

| Benchmark Bank News, Public Relations

Dallas, TX, June 13, 2011 – Benchmark Bank announced the addition of Craig Womble to its mortgage lending team. Womble, a long-time veteran of the mortgage industry, will specialize in providing all types of Mortgage Services from home loans to refinances to interim construction loans.

Womble will head up the mortgage department at Benchmark Bank’s Park Cities’ location on the corner of Hillcrest and Lovers Lane in Snider Plaza. Womble will be able to offer his customers one-stop shopping for all of their mortgage needs with Benchmark Title also located in the same building. In addition to an array of loan products, Benchmark also offers loan processing, underwriting, funding and the loan closing all under one roof.

“I am very excited about this move and I look forward to taking care of all of my past customers, Benchmark’s existing customers, and hopefully many new customers in the near future,” said Womble. “Benchmark is looking into making a few lending changes which would allow us to become even more competitive on Jumbo products, which is great news considering the area we are located in.”

Womble, a long-time resident of both the Park Cities and Preston Hollow areas, has been in the mortgage business for over 9 years. Both of his sons went through the HPISD school system and he has a strong network in the Dallas-area, where he and his wife Gina are very active in their church and bible study.

“I have known Craig since we were at The University of Texas together, and I am so excited to have him as part of the Benchmark family,” said Mike Barnett, Chairman & CEO. “We are always striving to provide the best products and service to our customers, and we feel that the addition of Craig Womble to our Mortgage Lending team will help make Benchmark that much stronger.”

Benchmark ranked #1 In ICBA 400

| Benchmark Bank News, Public Relations

Washington, D.C. (June 14, 2010) - ICBA Independent Banker, the national magazine of the Independent Community Bankers of America (ICBA), highlighted Benchmark Bank, Plano, TX as an outstanding “ICBA 400” community bank performer.

The magazine recognized Benchmark Bank for posting one of the best year-ending earnings in 2009 for ICBA member community banks with $250 million to $500 million in assets. This year’s “ICBA 400” highlights the 20 top community bank performers based on two standard banking industry efficiency measures, five bank assest categories and two bank tax-status categories. The magazine compiles its annual member rankings in its June issue from year-end FDIC call report data.

Benchmark Bank was identified in the ICBA Independent Banker year-end ranking of ICBA members based on the standard industry performances measures of return on average assets and return on average equity. “Even though 2009 was a challenging year for the banking industry, community banks like Benchmark Bank continued to serve the needs of their customers and their communities.” said Karen Tyson, ICBA senior vice president of communications. “The ICBA 400 banks are notable for upholding the everyday common-sense values and responsible business practices for which community banks are best known. This is exactly why community banks are the key to Main Street America’s economic revocery and prosperity.”

ICBA Independent Banker is the flagship magazine published by ICBA. The monthly magazine is the only nationally distributed publication that exclusively cover the community bank marketplace. To see the ICBA 400 Top Performers listing, visit http://www.icba,org/files/ICBASites/PDFs/IBcoverstory0610.pdf.

Download this as a pdf here.

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