On September 15, Texas Banking Commissioner Charles G. Cooper announced that Dallas-based Texas Capital Bank NA has completed its conversion to a Texas state-chartered bank from a national banking association. The bank opened under its new charter as Texas Capital Bank on September 15.
Texas Capital Bank was originally chartered as a national bank in October 1997 in Dallas as Resource Bank NA before changing its name to Texas Capital Bank NA in December 1998. The bank is wholly owned by the publicly listed company Texas Capital Bancshares Inc.
The bank’s executive management team is led by Rob C. Holmes, president and chief executive officer, who oversees a bank with 10 branches and approximately $35 billion in assets as of June 30.
“Texas Capital Bank became the fourth-largest Texas state-chartered commercial bank in Texas when it entered the state banking system,” Cooper says. “We look forward to working with the bank’s board and management.”