Truxton Corp
Truxton Corp. is a bank holding company, which engages in the provision of private banking and business banking services. It operates through the following segments: Commercial, Commercial Real Estate, Residential Real Estate, Construction and Land Development, and Consumer. The Commercial segment includes loans for commercial, industrial or agricultural purposes to business enterprises that are not secured by real estate. The Commercial Real Estate segment refers to the loans secured by non-residential real estate and improvements thereon. The Residential Real Estate segment comprises the loans secured by residential real estate, including single-family and multi-family dwellings. The Construction and Land Development segment consists of loans that finance the process of improving properties preparatory to erecting new structures or the on-site construction of industrial, commercial, residential or farm buildings. The Consumer Loans segment is composed of the loans to individuals for household, family, and other personal expenditures that are not secured by real estate. The company was founded in 2003 and is headquartered in Nashville, TN.