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Sterling Bank (Texas)
Sterling Bank, was an owned subsidiary of Sterling Bankshares, Inc. (), of Houston, Texas. Sterling has total assets of $5 billion and operates 56 banking centers in the greater metropolitan areas of Houston, San Antonio, Dallas, Fort Worth, as well as in the Texas Hill Country. The bank was founded in 1974 as Jersey Village Bank. Of the bank's 56 banking centers, 13 are in Dallas and Fort Worth, 29 are in Houston, 8 are in San Antonio, and 5 are in the Texas Hill Country. On January 18, 2011 Sterling Bank announced that it would be acquired by Comerica Bank in a stock swap In corporate finance a stock swap is the exchange of one equity-based asset for another, where, during the merger or acquisition, the swap provides an opportunity to pay with stock rather than with cash; see . Overview The acquiring company ... deal valuing Sterling Bank over $1 billion. Products and services Sterling Bank offers business banking products and services including loans, lines of c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sterling Logo-NewTagCMYK2
Sterling may refer to: Common meanings * Sterling silver, a grade of silver * Sterling (currency), the currency of the United Kingdom ** Pound sterling, the primary unit of that currency Places United Kingdom * Stirling, a Scottish city whose alternative historical spelling is Sterling United States * Sterling, Alaska * Sterling, Colorado * Sterling Micropolitan Statistical Area, Colorado * Sterling, Connecticut * Sterling, Georgia * Sterling, in Bingham County, Idaho * Sterling Wildlife Management Area, Idaho * Sterling, Illinois * Sterling, a ghost town in Jackson County, Iowa * Sterling, Kansas * Sterling, Massachusetts * Sterling, Michigan * Sterling Heights, Michigan * Sterling State Park, Michigan * Sterling Center, Minnesota * Sterling, Missouri * Sterling, in Madison County, Montana * Sterling, Nebraska * Sterling, New York * Sterling, in Mecklenburg County, North Carolina * Mount Sterling (Great Smoky Mountains), North Carolina * Sterling, North Dakota * Ster ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Houston, Texas
Houston (; ) is the most populous city in Texas, the most populous city in the Southern United States, the fourth-most populous city in the United States, and the sixth-most populous city in North America, with a population of 2,304,580 in 2020. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the seat and largest city of Harris County and the principal city of the Greater Houston metropolitan area, which is the fifth-most populous metropolitan statistical area in the United States and the second-most populous in Texas after Dallas–Fort Worth. Houston is the southeast anchor of the greater megaregion known as the Texas Triangle. Comprising a land area of , Houston is the ninth-most expansive city in the United States (including consolidated city-counties). It is the largest city in the United States by total area whose government is not consolidated with a county, parish, or borough. Though primarily in Harris County, small portions o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Houston
Houston (; ) is the List of cities in Texas by population, most populous city in Texas, the Southern United States#Major cities, most populous city in the Southern United States, the List of United States cities by population, fourth-most populous city in the United States, and the List of North American cities by population, sixth-most populous city in North America, with a population of 2,304,580 in 2020. Located in Southeast Texas near Galveston Bay and the Gulf of Mexico, it is the county seat, seat and largest city of Harris County, Texas, Harris County and the principal city of the Greater Houston metropolitan area, which is the fifth-most populous List of metropolitan statistical areas, metropolitan statistical area in the United States and the second-most populous in Texas after Dallas–Fort Worth metroplex, Dallas–Fort Worth. Houston is the southeast anchor of the greater megaregion known as the Texas Triangle. Comprising a land area of , Houston is the List of Uni ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
San Antonio
("Cradle of Freedom") , image_map = , mapsize = 220px , map_caption = Interactive map of San Antonio , subdivision_type = Country , subdivision_name = United States , subdivision_type1= State , subdivision_name1 = Texas , subdivision_type2 = Counties , subdivision_name2 = Bexar, Comal, Medina , established_title = Foundation , established_date = May 1, 1718 , established_title1 = Incorporated , established_date1 = June 5, 1837 , named_for = Saint Anthony of Padua , government_type = Council-Manager , governing_body = San Antonio City Council , leader_title = Mayor , leader_name = Ron Nirenberg ( I) , leader_title2 = City Manager , leader_name2 = Erik Walsh , leader_title3 = City Council , leader_name3 = , unit_pref = Imperial , area_total_sq_mi = 504.64 , area_total_km2 = 1307.00 , area_land_sq_mi = 498.85 , area_land_km2 = 1292.02 , area_water_sq_mi = 5.79 , area_water_km2 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dallas
Dallas () is the List of municipalities in Texas, third largest city in Texas and the largest city in the Dallas–Fort Worth metroplex, the List of metropolitan statistical areas, fourth-largest metropolitan area in the United States at 7.5 million people. It is the largest city in and County seat, seat of Dallas County, Texas, Dallas County with portions extending into Collin County, Texas, Collin, Denton County, Texas, Denton, Kaufman County, Texas, Kaufman and Rockwall County, Texas, Rockwall counties. With a 2020 United States census, 2020 census population of 1,304,379, it is the List of United States cities by population, ninth most-populous city in the U.S. and the List of cities in Texas by population, third-largest in Texas after Houston and San Antonio. Located in the North Texas region, the city of Dallas is the main core of the largest metropolitan area in the Southern United States and the largest inland metropolitan area in the U.S. that lacks any navigable link ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fort Worth
Fort Worth is the fifth-largest city in the U.S. state of Texas and the 13th-largest city in the United States. It is the county seat of Tarrant County, covering nearly into four other counties: Denton, Johnson, Parker, and Wise. According to a 2022 United States census estimate, Fort Worth's population was 958,692. Fort Worth is the city in the Dallas–Fort Worth–Arlington metropolitan area, which is the fourth most populous metropolitan area in the United States. The city of Fort Worth was established in 1849 as an army outpost on a bluff overlooking the Trinity River. Fort Worth has historically been a center of the Texas Longhorn cattle trade. It still embraces its Western heritage and traditional architecture and design. is the first ship of the United States Navy named after the city. Nearby Dallas has held a population majority as long as records have been kept, yet Fort Worth has become one of the fastest-growing cities in the United States at the beg ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Texas Hill Country
The Texas Hill Country is a geographic region of Central and South Texas, forming the southeast part of the Edwards Plateau. Given its location, climate, terrain, and vegetation, the Hill Country can be considered the border between the American Southeast and Southwest. The region represents the very remote rural countryside of Central Texas, but also is home to growing suburban neighborhoods and affluent retirement communities. The region is notable for its karst topography and tall rugged hills of limestone or granite. Many of the hills rise to a height of above the surrounding plains and valleys, with Packsaddle Mountain rising to a height of above the Llano River in Kingsland. The Hill Country also includes the Llano Uplift and the second-largest granite dome in the United States, Enchanted Rock. The terrain throughout the region is characterized by a thin layer of topsoil and many exposed rocks and boulders, making the region very dry and prone to flash flooding ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Comerica Bank
Comerica Incorporated is a financial services company headquartered in Dallas, Texas, and strategically aligned by three business segments: The Commercial Bank, The Retail Bank and Wealth Management. Comerica focuses on relationships, and helping people and businesses be successful. It has retail banking operations in Texas, Arizona, California, Michigan and Florida, with select business operations in several other U.S. states, as well as in Canada and Mexico. The bank sponsors Comerica Park in Detroit and formerly sponsored the Comerica Theatre in Phoenix. From 2007 to 2010, Comerica also sponsored the Comerica Bank New Year's Parade in Dallas. History In 1849, the company was founded in Detroit by Elon Farnsworth as the Detroit Savings Fund Institute. Its name changed to The Detroit Savings Bank in 1871 and to The Detroit Bank in 1936, being one of the few area banks to survive the Great Depression. In 1956, the company merged with Birmingham National Bank, Ferndale Nation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Stock Swap
In corporate finance a stock swap is the exchange of one equity-based asset for another, where, during the merger or acquisition, the swap provides an opportunity to pay with stock rather than with cash; see . Overview The acquiring company essentially uses its own stock as cash to purchase the business. Each shareholder of the acquired company will receive a pre-determined number of shares from the acquiring company. Before the swap occurs each party must accurately value their company so that a fair "swap ratio" can be calculated. The valuation of a company is complicated in general; here though, additional to fair market value, the investment- and intrinsic value are to be determined as well. After the valuation is complete, the parties will agree upon the swap ratio; this will determine the number of shares that each shareholder will receive. In theory, a fair ratio is such that shareholders in both previous companies now own a pro-rated share of the new company: ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sterling Building
Sterling may refer to: Common meanings * Sterling silver, a grade of silver * Sterling (currency), the currency of the United Kingdom ** Pound sterling, the primary unit of that currency Places United Kingdom * Stirling, a Scottish city whose alternative historical spelling is Sterling United States * Sterling, Alaska * Sterling, Colorado * Sterling Micropolitan Statistical Area, Colorado * Sterling, Connecticut * Sterling, Georgia * Sterling, in Bingham County, Idaho * Sterling Wildlife Management Area, Idaho * Sterling, Illinois * Sterling, a ghost town in Jackson County, Iowa * Sterling, Kansas * Sterling, Massachusetts * Sterling, Michigan * Sterling Heights, Michigan * Sterling State Park, Michigan * Sterling Center, Minnesota * Sterling, Missouri * Sterling, in Madison County, Montana * Sterling, Nebraska * Sterling, New York * Sterling, in Mecklenburg County, North Carolina * Mount Sterling (Great Smoky Mountains), North Carolina * Sterling, North Dakota * Ster ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
IOLTA
Interest on Lawyers' Trust Accounts (IOLTA) is a method of raising money for charitable purposes, primarily the provision of civil legal services to indigent persons, through the use of interest earned on certain lawyer trust accounts. The establishment of IOLTA in the United States followed changes to federal banking laws passed by Congress in 1980 which allowed some checking accounts to bear interest. The Florida Bar Foundation launched the first American IOLTA program in 1981. Today, every state, the District of Columbia and the U.S. Virgin Islands operate IOLTA programs. How it works Attorneys routinely receive client funds (commonly referred to as "trust money") to be held in trust for future use. If the amount is large or the funds are to be held for a long period of time, the attorney customarily places these funds in an interest-bearing account for the benefit of the client. However, in the case of amounts that are small or are to be held for a short time, it is impracti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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