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Editorial Results (free)

1. Market of Riverdale Bend Sells for $6.2 Million -

7114-7186 Winchester Road Memphis, TN 38125

Sale Amount: $6.2 million

Sale Date: July 2, 2013

2. Triumph Bank Reports 15th Straight Profit -

Triumph Bank has enjoyed one of the most consistent success stories among Memphis-area community banks.

Triumph, which was founded in 2005, has reported its 15th straight quarterly profit, meaning even 2008’s Great Recession was not enough to ding Triumph’s prospects.

3. Triumph Bank Turns in Another Profit -

It’s hiring, making plenty of new loans, growing its pool of assets, opening new offices – and enjoying a now long-unbroken run in profitability.

Triumph Bank’s latest quarterly numbers are in, and the result is the bank ending comfortably in the black for the 14th straight quarter. The bank in recent weeks presented its second quarter financials to shareholders. And they included raising more than $12 million in new capital, money that was used to purchase investments and for other general corporate purposes.

4. Startup Triumph Bank Works To Fill Desired Market Niches -

If Memphis is a pond, and mega-banks such as SunTrust Banks, Wachovia Corp. and Regions Financial Corp. are whales, then local startup Triumph Bank is a goldfish.

Sometimes, a little fish can make its gargantuan counterparts look like fish out of water.