Magazine : Archives : 3rd Quarter 2021

the Frontier of Weed Banking

Regent Bank has been around for over a century — founded in 1898 in Nowata, Oklahoma, a small town at the intersection of two highways in the northeast quadrant of the state. Yet, it wasn’t until 2008 that the now Tulsa-based subsidiary of Regent Capital Corp. really started to grow. It crossed $100 million in assets that year, $200 million by the end of 2014, and today, its balance sheet boasts $874 million in assets. The principal challenge with rapid growth in banking, beyond credit quality, of course, isn’t on the asset side of the balance sheet. It’s on the...