Activity for the Eleventh District was little changed from the most recent prior reporting periods, with tariff-related uncertainty and weakening consumer sentiment continuing to deteriorate business outlooks.
Some positive signals reported include: an uptick in professional and business services; strong apartment leasing and solid industrial demand, despite some leasing slowdowns; slight growth in loan volumes, and loan non-performance growing at the slowest pace since late 2022.
We remain energized and eager to contribute to the success of our Texas Security Bank community!
Traci Spratt, CPA- Chief Financial Officer
Texas Security Bank