Worthington National Bank Handled 303 PPP Loans Totalling of $36,894,000

News Date: 
06/10/2020 - 11:00am

As CEO of Worthington National Bank, we are proud of our experienced, customer-focused team. We operate under the strong belief that if we treat our employees right, they'll treat our customers right. As a result, I am pleased to announce that Worthington produced 303 PPP loans for a total of $36,894,000, with an average loan size of $121,761.  We were able to get 100% of our eligible customers into the end zone on this program.  And, we made some new customers.

Throughout the Covid-19 pandemic, we kept our doors open so you could keep your doors open.  We would love to expand our family during this downtown.  If you are pleased by our results, we would love to ask that you refer another business or friend to us.

However, the punchbowl is about to be pulled away.  We are approaching the time when repayment of the PPP loans will occur.  As we receive guidelines on this process, we will share them with you and our Great Southwest business community.  The process looks fairly complicated, almost requiring the need of a tax attorney or CPA, so let us help guide you.

I’ve been told that Texas has four seasons:  Drought, Flood, Blizzard and Twister.  To that list of infections you can add two more --- The Covid-19 pandemic and a catastrophic collapse in global oil prices, creating double trouble for the Lone Star State.

No one has a crystal ball that can predict when and how the economic fallout from the coronavirus will end.

For better or for better (yes, better), we are in this together!  Let us hear from you.

Greg Morse, CEO
gregmorse@worthingtonbank.com
817.303.5901

Banking Locations:

500 Main Street
Sundance Square – Downtown Fort Worth

200 West Main Street
Downtown Arlington

5825 Edwards Ranch Road
Edwards Ranch – Fort Worth

4814 Colleyville Boulevard
Highway 26 at Glade Road

Greg Morse brings over 30 years of banking experience, all in Tarrant County, to his role as CEO and founding member of Worthington National Bank. Additionally, he is actively involved in the community and serves on the board of directors for several area nonprofits, including the Navy Seals Foundation Board, Southwestern Exposition and Livestock Show, Tarrant County Blue (an organization dedicated to helping the families of fallen police officers), Wish With Wings, the Arlington Police Foundation, the Texas Bankers Foundation, Texas Southwestern Cattle Raisers’ Foundation Board, Van Cliburn Foundation Board, Amon Carter Museum Ambassadors Council and Downtown Fort Worth, Inc. Board.

Greg completed Southwestern Graduate School of Banking at Southern Methodist University (SMU), holds an MBA from Texas Christian University and a BBA from SMU. Additionally, he has taught MBA and senior- level finance classes as an adjunct professor at the University of Texas at Arlington, where he received the Excellence in Teaching Award from UTA. Greg has also been honored as a 40 Under 40 award recipient.

His personal philosophy is, "Work harder than you are paid to work." Greg's appreciation for fine art, especially Texas artwork, is visible at each bank location. A native of San Angelo, Greg lives in Fort Worth and is the proud father of two children.

WORTHINGTON NATIONAL BANK
MEMBER FDIC