On March 30, Texas Banking Commissioner Charles G. Cooper announced that Yoakum-based Yoakum National Bank has completed its conversion to a Texas state-chartered bank from a national banking association. Under its new charter, the bank will begin operating as Yoakum Bank.
The bank, a wholly owned subsidiary of Yoakum National Bancshares Inc., was originally chartered in 1890 and will enter the state banking system with approximately $384 million in assets as of December 31, 2025.
Yoakum Bank’s executive team is led by Jim Smitherman, CEO, and Monty Rogers, president and chief lending officer. In addition to its home office in Yoakum, the bank has four branch banking offices in Edna, Ganado, Katy and Odessa.
“I welcome Yoakum Bank to the Texas state banking system and applaud its clear commitment to providing sound, professional financial services to the communities it serves,” Cooper says.
