LANB

AcronymDefinition
LANBLos Alamos National Bank (New Mexico)
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Additionally, as of June 30, 2018, LANB ranked first and fourth in deposit market share in the Los Alamos and Santa Fe, New Mexico Metropolitan Statistical Areas with 84% and 14% of the markets, respectively.
Goodwin, Jr., chairman of the board of directors of TCC and LANB, will join the board of directors of EB and T, the company's banking subsidiary.
LANB has six financial advisors that have about $85 million in brokerage assets.
'The legacy LANB has built in New Mexico is impressive, and we will continue to support that legacy in meaningful and visible ways,' Lally added.
Also, the company and its wholly-owned subsidiary bank, Enterprise Bank & Trust, signed a definitive agreement with Trinity Capital Corporation and its wholly-owned bank subsidiary, Los Alamos National Bank (LANB), on 1 November 2018.
Enterprise Financial Services Corp (NASDAQ:EFSC), the holding company of Enterprise Bank & Trust (EB&T) and Trinity Capital Corporation (TCC), the holding company of Los Alamos National Bank (LANB) have said that they have signed a definitive merger agreement in a transaction valued at nearly USD213m.
LANB's offices will become branches of Royal Business Bank and operate as TomatoBank, a division of Royal Business Bank until the completion of the conversion to a common platform in March.
Trinity based in Los Alamos, New Mexico, USA and the holding company of Los Alamos National Bank (LANB), has about USD1.3bn in assets, USD714m in loans and USD1.1bn in deposits as of 30 June 2018.
Following the transaction, LANB's offices will operate as 'TomatoBank a Division of Royal Business Bank,' until the completion of the conversion to a common platform in March.