TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Neil Ferguson 
The 2021 release of the Paycheck Protection Program (PPP) is part of the Consolidated Appropriations Act (CAA), which was signed into law on December 27, 2020. The new release of the program arrived at the right time, as the health of small businesses had deteriorated toward the end of 2020. In this report, we first … Read more
Mergers and Acquisitions The OCC reports that The First National Bank of Weatherford, based in Weatherford, has completed its acquisition of First National Bank Baird, based in Baird. The TDB reports that Happy State Bank, based in Happy, has completed its acquisition of Muleshoe Bancshares Inc. and First Bank of Muleshoe, based in Muleshoe. Branches The OCC reports … Read more
Mergers and Acquisitions The OCC reports that Commercial Bank of Texas National Association, based in Nacogdoches, has applied to acquire a branch from Texas Bank and Trust Co., based in Longview. The branch is located at 102 W. Columbia in San Augustine. Branches The OCC reports that PNC Bank National Association, based in Wilmington, Delaware, has established a branch … Read more
Branches The OCC reports that it has approved an application by Wells Fargo Bank National Association, based in Sioux Falls, South Dakota, to establish a branch at 24531 IH10 W in San Antonio. The OCC reports that it has approved an application by JPMorgan Chase Bank National Association, based in Columbus, Ohio, to establish a branch at the … Read more
On February 26, Dallas-based Texas Capital Bank and its parent company, Texas Capital Bancshares, announced that Tim Storms has been named chief risk officer of both companies. Storms replaces John Turpen, who will continue with the company until March 31 to ensure an effective transition. Storms will report directly to Rob Holmes, president and CEO of Texas … Read more
David Baty, president and CEO of Frisco-based Texas Republic Bank, recently announced a key hiring and several promotions. Carly Hollaway has been promoted from vice president to senior vice president/loan operations manager. She started her banking career two decades ago with the bulk of her experience in loan operations supervision and management roles. Brian Burke … Read more
On February 12, El Paso-based WestStar Bank announced the addition of Giselle Smith-Johnson to its commercial banking group. She will focus on special projects supporting the group. Smith-Johnson brings more than 20 years of commercial banking experience to WestStar Bank. She has been successful in facilitating expansive business growth focused in the area of treasury management. … Read more
Beaumont-based CommunityBank of Texas NA recently announced five leadership promotions within its commercial lending team: Chris Bezdek, Phil Davis, Jason Sirkel, Dennis Walsh and Jason Syrinek. Bezdek, Davis, Sirkel and Walsh—all regional CEOs—are transitioning into a newly created position as senior regional CEOs. Syrinek, market CEO, takes on the role as regional CEO. Chris Bezdek takes … Read more
In February, the Texas Bankers Foundation, the charitable arm of the Texas Bankers Association (TBA), announced a new banker education scholarship, the Tom Frost Memorial Scholarship. Named for the late Tom Frost of San Antonio-based Frost Bank, the scholarship is available to junior and senior students enrolled in the Southwestern Graduate School of Banking at Southern Methodist University (SWGSB). “We’re … Read more
Last November, McGregor-based TFNB Your Bank for Life opened its fifth location at 715 Elm Ave. in East Waco. This is the first bank in East Waco in more than 100 years. The CenTex African American Chamber of Commerce, Hispanic Chamber of Commerce and Greater Waco Chamber all helped TFNB commemorate the historic return of … Read more