TEXAS BANKING NEWS, PEOPLE and IDEAS

Neil Ferguson

Community Banking Organizations Elects Sellers Chairman, Names New Executive Committee and Board Members

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The Independent Bankers Association of Texas (IBAT) recently announced that Thomas Sellers, chairman of the board and chief executive officer of Sulphur Springs-based Alliance Bank, has been elected chairman of the IBAT board of directors for 2021–22. He officially accepted this position during the association’s 47th annual convention held September 18–21 in Austin. In addition … Read more

Texas Bank and Trust Hires Miller and Martin, Promotes White

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Longview-based Texas Bank and Trust Co. recently announced two new hires and a promotion. Chelsea Miller has joined the staff as vice president/commercial lender. With more than 14 years of experience in the financial services industry, she most recently was a business development officer/banker for Wells Fargo Bank in Plano. Miller majored in business administration … Read more

Legend Bank Launches ‘Snack Bar of Support‘ to Encourage Health Care Workers

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Bowie-based Legend Bank has launched a bank-wide outreach effort to show support for the health care workers in its communities. It’s called the “Snack Bar of Support.” The idea started with a request from Wise Health System in Decatur. Laura Tanner, a patient navigator at Wise Health System, reached out to Delaina Henderson, Legend Bank’s … Read more

BAT Investments Completes Acquisition of Capital Bank of Texas

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Austin-based BAT Investments Inc. has acquired Carrizo Springs-based Capital Bank of Texas as part of an effort to expand and strengthen the role of community banks in the state. BAT Investments entered into an agreement to purchase Capital Bank of Texas on January 15, 2021, and the acquisition was finalized on September 28, 2021. The … Read more

Independent Bankers Association of Texas Honors 2021 Best of Community Banking Award Recipients

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The Independent Bankers Association of Texas (IBAT)—the largest state community banking association in the nation—recently honored 22 Texas community banks with the organization’s Best of Community Banking (BOCB) Awards. The banks were honored on September 20 during IBAT’s 2021 Convention in Austin. IBAT has celebrated the outstanding accomplishments of Texas community banks with the BOCB … Read more

IberiaBank/First Horizon Bank Names Coker Dallas/Fort Worth Market President 

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Memphis, Tennessee-based First Horizon National Corp., the holding company for First Horizon Bank, announced that Key Coker has joined the company as Dallas/Fort Worth market president. He is a Dallas-based chief executive with more than 35 years of banking experience, most recently serving as the Dallas CEO of BBVA. During his career, he has built … Read more

September 5–11, 2021

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Home Office Relocations The TDB reports that it has approved an application by State Bank of Texas to locate its home office from 11950 Webb Chapel Rd. in Dallas to 5101 N. O’Connor Blvd. in Irving. Branches The OCC reports that Austin Bank NA, based in Jacksonville, has established a branch at 26400 Kuykendahl Rd., Ste. … Read more

August 29–September 4, 2021

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Mergers and Acquisitions The TDB reports that it has approved an application by Capital Bank of Texas, based in Carrizo Springs, to merge with BAT Investments Inc., based in Austin. The TDB reports that First United Bank, based in Dimmitt, has merged with First Bank and Trust of Childress, based in Childress. The TDB reports … Read more

Arkansas-based Home BancShares Enters Texas with Acquisition of Happy Bancshares

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On September 15, Conway, Arkansas-based Home BancShares Inc. (HOMB), the parent company of Centennial Bank, and Amarillo-based Happy Bancshares Inc., the parent company of Happy State Bank, jointly announced that they have entered into a definitive merger agreement pursuant to which Home BancShares will acquire Happy Bancshares in an all-stock merger, with Home BancShares as … Read more

Kidd Named President of the National Bank of Andrews

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Ricky Kidd has been named president of the National Bank of Andrews, as announced in August by CEO Russell Shannon. Kidd has more than 37 years of banking and commercial lending experience in Andrews and the surrounding region. He joined the National Bank of Andrews in 1983 and was promoted to assistant vice president of … Read more