TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Neil Ferguson 
On October 21, San Antonio-based Southwest Bancshares Inc., the bank holding company for The Bank of San Antonio, closed its merger of three affiliated banks, creating a unique Central Texas banking franchise. In connection with the closing of the transaction, Capitol of Texas Bancshares, the holding company for The Bank of Austin, and Texas Hill … Read more
SouthStar Bank celebrated a century in business on October 21 in Moulton, featuring live music and barbecue. “Starting from humble beginnings as The Farmers and Merchants Bank, we have grown not only in numbers, but also in talent, services and communities,” says David R. Kapavik, president and CEO. “SouthStar Bank has remained true to its … Read more
On October 16, the Texas Tech University System’s Board of Regents announced the renaming of the Excellence in Banking Program Director Endowment as the F. Scott Dueser Chair for Excellence in Banking. Dueser serves as chairman, president and CEO of Abilene-based First Financial Bankshares Inc. In May 2019, anonymous donors established the Excellence in Banking … Read more
Yoakum-based Yoakum National Bank recently announced the promotion of two team members. Sandra Morkovsky has been named vice president/controller. Additional duties include bank compliance and audit, and she also serves as the bank’s BSA officer. Morkovsky has worked at Yoakum National Bank since 1998, previously responsible for the bank’s non-traditional deposit office through NFA Wealth … Read more
Henderson-based VeraBank recently hired Ashlyn Cole as Angelina County market president. Cole, an experienced commercial banker and leader in Lufkin, will focus on leading and growing VeraBank’s business in Lufkin and Angelina County. Cole has been a community banker for more than 11 years and has spent most of her career in commercial lending helping … Read more
MARK GRIFFITHS, Principal, MG2 Investments LLCMIKE MAULDIN, Director of the Excellence In Banking Program, Texas Tech UniversityDREW WINTERS, Pickering Chair in Finance, Texas Tech University EDITOR’S NOTE: This research paper—part two of a comprehensive look at the Paycheck Protection Program (PPP)—was provided by the Excellence in Banking Program at Texas Tech University and offers documentation … Read more
H. Gregory Wilson, president and CEO of Paris-based Lamar National Bank, recently announced the following appointments. Alicia Baum has joined the bank as vice president/commercial lender. She will assist with Lamar National Bank’s expansion into the Plano/Frisco area. She brings 13 years of experience in commercial real estate acquisition, commercial construction, working capital lines of … Read more
H. Gregory Wilson, president and CEO of Paris-based Lamar National Bank, recently announced two key appointments. Clay Baum has been named chief information officer and will be essential in developing Lamar National Bank’s strategic technology initiatives and driving future innovation efforts. He is an experienced technology professional who has spent the past 10 years in … Read more
Mergers and Acquisitions The OCC reports that The First National Bank of Weatherford, based in Weatherford, has applied to acquire First National Bank Baird, based in Baird. The FRBD reports that Louise Bancshares Inc., based in Louise, has applied to acquire Dilley State Bank, based in Dilley. Conversions The TDB reports that Affiliated Bank, based … Read more
Mergers and Acquisitions The OCC reports that First National Bank Texas, based in Killeen, has acquired Fort Hood National Bank, based in Fort Hood. Conversions The TDB reports that Beal Bank, based in Plano, has applied to convert to a Texas state-charted bank. Branches The OCC reports that PNC Bank National Association, based in Wilmington, … Read more