Studio raises $9.5M to fuel growth

Studio Bank finished 2020, its second full calendar year in business, with a profit of $815,000 after being in the green every month since June.

Nashville’s newest bank ended last year with nearly $435 million in assets and about $260 million in net loans. Those numbers were up 93 percent and 61 percent, respectively, from the figures of 12 months earlier. President and CEO Aaron Dorn told the Post his team’s rough goal is to add $125 million to its loan book in 2021 and sees Studio maintaining its growth pace — which has it 15 percent ahead of pre-opening forecasts.