IBAT is pleased to now share the data to quantify what Texas community bankers have always known. Your work drives real economic impact across the state. Late last year, IBAT commissioned an independent economic analysis by Steward Redqueen, using public FFIEC data from 354 Texas community banks, showing that community bank lending supported $112.4 billion in economic activity, 1.6 million jobs and $76.4 billion in wages across Texas in 2024.
The findings reinforce the unique role community banks play in fueling local economies. With $260 billion in loans circulating through businesses, households and communities, every dollar lent generates additional economic activity and supports jobs across industries, from construction and health care to retail and professional services.
Just as important, the study highlights the “local money” advantage. Community bank deposits largely stay in Texas, creating a ripple effect that strengthens communities statewide.
Now, that impact is backed by real numbers.
