TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Neil Ferguson 
After more than a year in temporary offices, Elgin-based Frontier Bank is relocating to a full-service Georgetown location on E. University Ave. The new facility marks the fourth full-service Williamson County location for Frontier Bank and the 12th overall for the Central Texas bank. Other Williamson County communities already served by the bank include Leander, … Read more
By Craig Brown, Clint Irvin, Jeff Ulmer and Adam Wells Huron The breadth and depth of risks in the finance sector extend far beyond the realms of capital and liquidity. Credit, reputational, strategic, operational, compliance, information security, cybersecurity, third-party and business-continuity risks all fall under this expansive umbrella. Preemptive management of these risks is not … Read more
Clark Mercer has joined Dallas Capital Bank as senior vice president/director of compliance. He brings more than 32 years of banking experience with 22 years in compliance and risk management to his new role. He will be responsible for developing, implementing and administering all aspects of the bank’s compliance management program, including its BSA/AML program. … Read more
Fort Worth-based Bank of Texas has welcomed Addyson Brooks to its San Antonio corporate banking team to serve as vice president. She brings more than seven years of experience in portfolio management and financial analysis to her new role. Prior to joining Bank of Texas, Brooks served as vice president/commercial and corporate banking at Amegy … Read more
On October 15, Laredo-based Texas Community Bank donated $1 million to Texas A&M International University (TAMIU) for its Banking Academy in the A.R. Sanchez Jr. School of Business. “As our name affirms, we are a community bank and believe that partnering with TAMIU—the primary source of this community’s human capital—is a perfect way to elevate … Read more
Mergers and Acquisitions The TDB reports that it has approved an application by Producer Acquisition Corp., based in Beaumont, to establish a bank holding company by acquiring Powell State Bank, based in Powell. Main Offices The OCC reports that The First National Bank of Eagle Lake, based in Eagle Lake, has applied to relocate its … Read more
Mergers and Acquisitions The OCC reports that Austin Bank NA, based in Jacksonville, has applied to acquire Chasewood Bank, 20333 State Hwy. 249 in Houston. Loan Production Offices The OCC reports that First National Bank Texas, based in Killeen, has applied to establish a loan production office at 641 N. Stanton Dr. in El Paso. Branches … Read more
On October 17, Baton Rouge, Louisiana-based b1BANK announced that N. Jerome “Jerry” Vascocu Jr. will be the bank’s new president, reporting to Jude Melville, who will retain the title of chair and CEO. b1BANK currently operates 18 banking offices in Texas. Vascocu, who joined b1BANK in 2022 as chief administrative officer, oversees the coordination of … Read more
Durant, Oklahoma-based First United Bank has announced the appointment of Tadd Tobkin, chief technology officer, to the Jack Henry Mid-Tier Advisory Board. Jack Henry & Associates Inc. provides innovative solutions to approximately 7,500 clients. Focused on fostering connections between financial institutions and the people they serve, the firm offers seamless integration with leading fintechs. In … Read more
The Federal Reserve Bank of Dallas has announced appointments and reappointments of several prominent Texas bankers to its board of directors and branch boards. As Dallas Fed board and branch board members, they will provide input on regional economic conditions as part of the Federal Reserve’s monetary policy functions. Victor R. Pierson, chair, president and … Read more