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stellar BANCORP , INC . NEWS RELEASE CBTX , Inc. Reports Quarterly Financial Results 10/27/2021 HOUSTON , Oct. 27 , 2021 ( GLOBE NEWSWIRE ) -- CBTX , Inc. , or the Company ( NASDAQ : CBTX ) , the bank holding company for CommunityBank of Texas , N.A. , or the Bank , today announced its results for the third quarter of 2021 . Robert R. Franklin , Jr. , Chairman , CEO and President of the Company said , " We are proud to present our third quarter financial results which continue to be indicative of the transition from a COVID dominated economy through most of the first half of the year to an improved economic environment as we enter the fourth quarter . We have seen credit stabilize , and continued growth in deposits which have provided the Bank with significant liquidity and opportunity . As we enter the fourth quarter , with the local economy continuing to improve , our customers are starting new projects and looking for new ways to expand their businesses . " Mr. Franklin continued , " During much of 2020 and early 2021 we consciously curtailed our commercial real estate lending due to the uncertainty surrounding the sector and we are seeing the effects of slowing that engine as we rebuild our pipeline . Our lenders have made good efforts to increase our pipeline in a highly competitive environment . We have experienced an unusually high number of payoffs during the last couple of quarters but see the stabilization of our portfolio in the fourth quarter and foresee the ability to get back to our traditional growth rate in the next couple of quarters . " " In light of the significant liquidity that our customers have provided us , we increased our bond purchases on a measured basis given that we continue to reside in a very low interest rate environment . We will continue to look at our expense base as we budget for 2022 and make adjustments where warranted , " Mr. Franklin added . Mr. Franklin further said , " CBTX , Inc. is in a solid position for success with an experienced lending staff , liquidity to lend and significant capital to give us flexibility in supporting our future expansion decisions . Our strong , loyal and low - cost relationship driven deposit base continues to provide significant shareholder value . Our asset sensitivity 1