Doubling up in Alexandria
In Alexandria, where it has lent since 2004, it ranked 10 of 152 lenders with 2.8% of the market, up from 1.4%. Red River Bank, United Wholesale Mortgage and Southern Heritage Bank led. Its loans rose 16%, against 9% at similar lenders (state non-member banks making between half and twice as many loans) and 10% for the whole market. Its dollar total rose from $8.6 million to $13.0 million.