Peoples Bancorp Completes Acquisition of Baylor Bancshares

On May 3, Lubbock-based Peoples Bancorp Inc., the parent company of Peoples Bank, announced the successful closing of the previously announced acquisition of Seymour-based Baylor Bancshares Inc., the parent company of the First Bank & Trust. The merger agreement was unanimously approved by the boards of directors of both bank holding companies and their subsidiary banks … Read more

April 18–24, 2021

Mergers and Acquisitions The TDB reports that Happy State Bank, based in Happy, has applied to acquire First National Bank of Tahoka, based in Tahoka. The TDB reports that Commercial Bank of Texas National Association, based in Nacogdoches, has acquired a branch from Texas Bank and Trust Co., based in Longview. The branch is located at 102 W. … Read more

April 11–17, 2021

Mergers and Acquisitions The TDB and FRBD report that BAT Investments Inc., based in Austin, has applied to acquire Capital Bank of Texas, based in Carrizo Springs. Branches The OCC reports that Bank of America National Association, based in Charlotte, North Carolina, has applied to establish a branch at 2522 W. Grand Pkwy. N in Katy. The OCC reports … Read more

Spiller Retires from Junction National Bank

After 50 years of extraordinary service and dedication to Junction National Bank and its customers, former bank president Rob Roy Spiller retired on April 1. He will maintain his position as chairman of the board. Spiller was raised on the family ranch near Junction in Kimble County, a ranch he now owns and operates. A … Read more

Five Honorees Inducted into Texas Bankers Hall of Fame

On April 22, five legendary bankers were inducted into the Texas Bankers Hall of Fame during the Eighth Annual Texas Bankers Hall of Fame Gala on the campus of Sam Houston State University (SHSU) in Huntsville. These prestigious bankers—the late James B. Bexley, Lloyd R. Ferguson, William David Lacy, Victor Pierson and Allan James Rasmussen—were recognized … Read more

Eargle Named Chairman of the Board for The National Bank of Texas at Fort Worth

On April 22, Wade Donnell, CEO of The National Bank of Texas at Fort Worth, along with the bank’s board of directors, announced that Steve Eargle has been elected chairman of the board. A board member since 2017, Eargle currently serves on the executive, strategic planning, property and director’s loan committees. Eargle is a founding … Read more

Forbes 2021 Best Bank List Includes Eight Based in Texas

In 2020, there were just four bank failures in the U.S., despite the extraordinary economic circumstances brought on by the pandemic. Only about 5 percent of banks nationwide were unprofitable, according to data from the FDIC and approximately 53 percent of banks reported annual increases in profits in 2020. There are more than 5,000 banks … Read more

Texas Capital Bancshares Appoints Harman Head of Corporate Banking

On April 7, Dallas-based Texas Capital Bank NA and its parent company, Texas Capital Bancshares Inc., announced that Julia Harman has been appointed to the newly created position of head of corporate banking. She will report directly to Rob C. Holmes, president and CEO of Texas Capital Bank and Texas Capital Bancshares. Harman will be responsible … Read more

Bearden Joins Texas Bank Financial as Parker County Market President

Mark Riebe, chairman and CEO of Weatherford-based Texas Bank, recently announced that longtime Weatherford banker Lin Bearden has joined as Parker County market president. Bearden served for 23 years with a local bank in Weatherford, 16 of those years as president and CEO. During his tenure, the bank experienced significant growth and added two branches. Bearden … Read more

First National Bank Welcomes Davis as Senior Vice President

Spearman-based First National Bank has hired Buster Davis to serve as senior vice president. He has 33 years of experience working in all areas of community banking, including many years as a senior lender. Davis earned a BS degree in ag business and economics from West Texas State University. He also attended the Texas Tech University … Read more