TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Neil Ferguson 
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
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
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
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.
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
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
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
Rusty Hitt, CEO of Corsicana-based Community National Bank & Trust, recently announced the addition of Leslie Leerskov as vice president of business development. Heading up a new department at the bank, she will grow new business and provide service recommendations to aid existing customers. She has held positions with Kerens ISD, Raymond James Financial and LPL … Read more
O n December 1, the Federal Home Loan Bank of Dallas (FHLB Dallas) announced that, in partnership with its member financial institutions, it has awarded $19.3 million in Affordable Housing Program (AHP) subsidies to 38 projects in Arkansas, Louisiana, Mississippi, New Mexico and Texas. The subsidies will result in the creation or rehabilitation of 2,749 … Read more
The economy expanded at a modest pace in the Federal Reserve System’s 11th District in recent months, but activity in most industries remained below normal levels. That’s one of the key findings reported in the Fed’s latest edition of the Beige Book, published eight times per year. Each Federal Reserve Bank gathers anecdotal information on current economic … Read more