In a Thursday regulatory filing, TBK Bank, SSB, the wholly-owned bank subsidiary of Triumph Financial (TFIN), said it is the agent bank for a $60.5M loan facility, of which the Bank holds approximately $23M, for which Tricolor Holdings, LLC is the lead borrower. The loan is secured by collateral, including a perfected first lien security interest in vehicle inventory. On September 10, 2025, Tricolor and its affiliates filed for Chapter 7 bankruptcy in the United States District Court for the Northern District of Texas. The Bank is working to secure and consolidate its vehicle collateral.
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