Why stop with the Carolinas and Tennessee?
That's apparently the attitude at HomeTrust Bancshares (HTBI), which is headed into Virginia for the first time after announcing plans Thursday to open a commercial loan production office in Roanoke.
The $1.6-billion asset company, based in Asheville, N.C., also said that it plans to open full-service banking offices in the Roanoke Valley region in the near future.
"The Roanoke Valley market is a logical expansion to our Piedmont-North Carolina market and provides the opportunity to serve additional businesses in the region," Dana Stonestreet, the chief executive of HomeTrust, said in a press release.
HomeTrust has grown rapidly in recent months. It now has 12 branches in Tennessee after completing its acquisition of Jefferson Bancshares (JFBI), a $499-million asset bank in Morristown, last month. It also announced plans in March to acquire the $126 million-asset Bank of Commerce in Charlotte, N.C.
Following the opening of the new branch on June 30, HomeTrust will operate 35 offices in North Carolina, South Carolina, Tennessee and Virginia.