Originally founded in 1922, Dallas-based NexBank was purchased in 2004 by a group of local investors with a desire to make the bank a leader in financial services. Since then it has seen 600 percent growth and a 23 percent return on equity. Current President and CEO Davis Deadman took over the company in the same year and has maintained a commitment to providing unparalleled customer service. Today, NexBank offers both private and business banking as well as wealth management services, commercial lending, and investment planning. The bank also recently launched its Banking Forward campaign, a year-long initiative that will help raise as much as $2 million for local charities and nonprofits.
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| photography by Dan Sellers |
Age: 44
Title/Company: President and CEO/NexBank
Tenure: Three years
What was your first job? A paper route for the Dallas Morning News.
What was your worst job? Working for a moving and storage company hoisting furniture at age 18 in the Dallas summer heat. This was my introduction to hard work and a great reason to study hard at college.
If you couldn’t say “the people I work with,” what would you say is the best part of your job? My job requires constant mental gymnastics, which is great because the mind is a muscle that will atrophy if not utilized. Hyper-use of the mind yields superior performance.
What’s the worst part? Personal agendas inconsistent with the success of the business/employer enterprise.
On weekends, where would people find you? Gym, running, and hanging out with my family, not in that order.
What book is currently on your nightstand? Men are from Mars, Women are from Venus.
What’s your favorite TV show? Sunday night noise; channel doesn’t matter.
What Web sites do you visit most frequently? Those of my competitors and my customers.
What’s your most recent major purchase? Some linen pants for more than 100 bucks; it still hurts my wallet.
What’s your biggest regret? That I didn’t focus on the Lord earlier in life.
What do you consider to be your biggest weakness? I like pizza a lot.
What’s the best advice anyone ever told you? Stay away from low margin businesses, namely any business that generates goods and services that are considered and/or priced as commodities.
