American National Bank’s Hulsey Elected to Federal Reserve Bank of Dallas Board

Robert A. Hulsey, CEO of Terrell-based American National Bank of Texas, has been elected to the Federal Reserve Bank of Dallas board of directors by its member banks. He will serve a three-year term ending December 31, 2023. In his role as a Dallas Fed board member, Hulsey will provide input on regional economic conditions as … Read more

Dallas Fed Names McGrath Assistant Vice President

Janin McGrath has joined the Federal Reserve Bank of Dallas as an assistant vice president in the treasury services department. She previously served as a business application delivery manager in the retail payments office of the Federal Reserve Bank of Atlanta. She joined the Federal Reserve System in 1997, starting her career at the Portland … Read more

Farley Named Chief Operations Officer, Floyd Tapped as Chief Credit Officer at Keystone Bank

Susie Farley has been promoted to chief operations officer and Riley Floyd has been promoted to chief credit officer at Austin-based Keystone Bank. Farley is an experienced financial services industry professional with a demonstrated history of cross-department experience. Skilled in consumer loan production operations, fraud management, full-service contact center operations, collections, audit and compliance, she is … Read more

Park Joins HomeTown Bank in Loan Operations

Galveston-based HomeTown Bank recently hired Daniel Park as vice president/loan operations for its branch in League City. He recently moved to the area from Fayetteville, Arkansas. Prior to the move, he served as a senior bank examiner for the Arkansas State Bank Department. Park earned his bachelor’s degree in finance/commercial banking from the Sam M. … Read more

Winniford Retiring from American National Bank of Texas After More Than 50 Years in Banking

As vice president of business development at the Greenville location, Joe Winniford has been helping Terrell-based American National Bank of Texas customers reach their goals since 2002. With more than 50 years of banking experience, he is retiring at the end of December. He started his career in 1963 in operations and eventually worked his way … Read more

Worthington National Bank Welcomes Watkins as Chief Financial Officer

Arlington-based Worthington National Bank has hired Veronica Watkins to serve as chief financial officer. She will be taking the reigns from Les Schuler as he retires from his 46-year career in banking this month. As CFO, Watkins will oversee Worthington’s accounting, finance, operations, compliance and human resources departments. Prior to joining the Worthington National Bank … Read more

November 22–28, 2020

Branches The OCC reports that First National Bank, based in Wichita Falls, has applied to relocate a branch from 1540 E. Southlake Blvd. in Southlake to 605 W. State Hwy. 114 in Southlake. The TDB reports that First State Bank, based in Gainesville, has established a branch at 2624 N. Loy Lake Rd., Ste. A and B, in Sherman.

November 15–21, 2020

Mergers and Acquisitions The OCC reports that it has approved an application by The First National Bank of Weatherford, based in Weatherford, to acquire First National Bank Baird, based in Baird. The OCC reports that it has approved an application by The City National Bank of Sulphur Springs, based in Sulphur Springs, to acquire The Morris County National Bank … Read more

November 8–14, 2020

Mergers and Acquisitions The TDB reports that Happy State Bank, based in Happy, has applied to acquire Muleshoe Bancshares Inc., based in Muleshoe, as well as First Bank of Muleshoe, based in Muleshoe. The TDB reports that First Bank & Trust, based in Lubbock, has applied to acquire AimBank, based in Littlefield. The FRBD reports that Texas Heritage … Read more

FDIC Third Quarter Report: Improved Profitability

O n December 1, the Federal Deposit Insurance Corp. (FDIC) reported results from commercial banks and savings institutions that reflect improved profitability from the first and second quarters of this year, increased liquidity and strengthened capital levels. As a result, the banking industry remains well-positioned to accommodate loan demand and support the economy. For the … Read more