Parkside Financial Bank & Trust Achieves Top 2024 Ranking for C&I Loan Portfolio

Parkside Financial Bank & Trust Achieves Top 2024 Ranking for C&I Loan Portfolio

Parkside Financial Bank & Trust is proud to announce its #1 ranking on American Banker's list of "Community Banks with the Largest Commercial and Industrial Loan Portfolios." This recognition highlights community banks nationwide with the largest commercial and industrial (‘C&I’) loan portfolios as of March 31, 2024.

"Our team's dedication and expertise have been instrumental in achieving this milestone,” said Andrew Hereford, Bank President. “Being ranked #1 by American Banker is a testament to our focus on delivering exceptional financial solutions to our clients."

Parkside’s C&I portfolio (50% of total loans outstanding as of March 31, 2024) showed strong year over year growth, ending the first quarter of 2024 at $374 million, which was 9.3% higher than the end of the first quarter 2023.   The loan growth was generated by our four St. Louis based lending teams, our Denver based lending team, and our New Hampshire based Search Fund lending team.   

To learn more about Parkside’s latest deals, visit our Deals Report, which features a selection of past deals closed by our St. Louis, Denver, and Search Fund Teams.

About American Banker

American Banker is a leading nationwide publication, widely regarded by bank executives as the industry standard for banking news and information.