MyTelemedicine, Alkami and Austin Capital Bank Rank on ‘Inc. 5000’ Fastest-Growing Private Companies

Austin Capital Bank, MyTelemedicine and Alkami are included on Inc. magazine’s “Inc. 5000,” a list of the fastest-growing privately held companies in the U.S. The list spotlights the most successful independent small businesses. Plano-based Alkami, which operates a cloud-based B2B platform as a service and provides online and mobile banking services for financial institutions and … Read more

Schauer Hired as Executive Administrative Officer at Security National Bank

Alena Schauer has joined Omaha, Nebraska-based Security National Bank as executive administrative officer for the bank’s office in Dallas. She brings to the team an established background in commercial lending and executive administrative support, and will oversee all Texas administrative and operational efforts. Prior to joining Security National Bank, Schauer was vice president/executive administrator for … Read more

FDIC Second Quarter Report: Community Banks Registered a 3.2 Percent Increase in Net Income

O n August 25, the Federal Deposit Insurance Corp. (FDIC) reported that commercial banks and savings institutions saw a decrease in net income of 70 percent from a year ago, while liquidity and capital levels remained very strong to meet loan demand and absorb any losses in the future. For the 5,066 commercial banks and … Read more

Hondo National Bank and Community National Bank Parent Companies Announce Agreement to Merge, Banks to Follow

On August 25, Texas Heritage Bancshares Inc., the parent company of Hondo National Bank, and Medina Community Bancshares Inc., the parent company of Hondo-based Community National Bank, jointly announced the signing of a definitive agreement to combine the two holding companies into Texas Heritage Bancshares. The merger agreement was unanimously approved by the board of … Read more

Southside Bank to Open New Branch at The Domain in Austin

Southside Bank

Tyler-based Southside Bank is opening a new Austin branch on August 31 at The Domain. The new space, located at 11815 Alterra Pkwy., Ste. 100, is a relocation of the bank’s Austin branch on N. Mopac Expwy., which will close on August 28. In addition to The Domain location, Southside Bank will continue to serve … Read more

August 16–22, 2020

Mergers and Acquisitions The OCC reports that Moody National Bank, based in Galveston, has applied to acquire a branch of Spirit of Texas Bank SSB, based in Conroe. The branch is located at 1010 Bay Area Blvd. in Houston. Branches The OCC reports that PNC Bank National Association, based in Wilmington, Delaware, has established a branch at 3701 Vision Dr., … Read more

Nichols Elected to Hilltop Holdings Board of Directors

Tom Nichols

On August 20, Dallas-based Hilltop Holdings Inc. announced that Tom C. Nichols has been elected to the company’s board of directors, on which he will serve as a member of the risk committee and merger and acquisition committee. Nichols is the owner and CEO of Carlile Holdings Inc., a family investment office. He served as … Read more

United Bank of El Paso del Norte Appoints New Board Members

Norm Peters

After a struggle between shareholders and the board of directors of United Bank of El Paso del Norte, the bank recently announced its new directors: George Bailey, retired vice president of Phelps Dodge Mining Co. and a founding shareholder of United Bank of El Paso del Norte. He will serve as board chair. Susan Austin, … Read more

In Memoriam: George William Berry

Educator and banking advocate George William Berry, 85, passed away on  June 19 in Austin. While serving on the faculty of Texas Tech University in the 1960s, he began working as an independent consultant in economics and served as an expert witness for financial institutions in depositions, hearings and administrative cases on more than a … Read more

Snell Hired as Lender at Anahuac National Bank and Barbers Hill Bank

Austin Snell

Ken Moore, president and CEO of Anahuac National Bank recently announced the hiring of Austin Snell. After training at the Anahuac National Bank location, Snell will serve as a general lender at Barbers Hill Bank in Mont Belvieu. Anahuac National Bank is comprised of a family of community banks serving Southeast Texas, including Anahuac National … Read more