Frontier Bank Going Solar, Leading Efforts to Reduce C02 Impact

When a bank launches a green initiative, sustainability may not be the first thing that comes to mind, but Elgin-based Frontier Bank of Texas is changing that perception on several fronts. From the installation of solar energy panels to the financing of commercial conservation efforts, Frontier Bank is breaking new ground by identifying and acting … Read more

Oklahoma-based Gateway Opens New Mortgage Center in Texas

Jenks, Oklahoma-based Gateway Mortgage, a division of Gateway First Bank, announced that it has opened a new mortgage center in West Texas to meet increased demand from local communities for home financing. The new mortgage center in Odessa will serve all the surrounding areas and suburbs. Gateway has more than 50 locations in Texas and … Read more

Alkami Technology Launches Initial Public Offering

On April 5, Plano-based Alkami Technology Inc., a leading cloud-based digital banking solutions provider for U.S.-based financial institutions, announced the launch of its initial public offering of 6 million shares of its common stock. The Alkami Platform is the digital banking platform of choice for 151 financial institutions, representing nearly 9.7 million of its clients’ … Read more

San Antonio’s Broadway Bank Expanding Footprint into Round Rock with New Loan Production Office

San Antonio-based Broadway Bank has announced the opening of a new loan production office (LPO) in Round Rock. The location will offer both business and personal loan products and services, including commercial loans, commercial real estate, business banking, private banking and mortgages. The new LPO is part of the bank’s aggressive plan for growth in … Read more

Mississippi-based BancorpSouth Bank to Acquire Texas-based Cadence Bancorporation

On April 12, Tupelo, Mississippi-based BancorpSouth Bank and Houston-based Cadence Bancorporation, the parent company of Cadence Bank NA, jointly announced that they have entered into a merger agreement under which the companies will combine in an all-stock merger with a total market value of more than $6 billion to create a leading Texas and Southeastern … Read more

FirstBank Southwest Announces Construction of its New Bank in Pampa

Amarillo-based FirstBank Southwest recently announced the start of construction for its new bank at 300 W. Kingsmill in Pampa. The 8,000-square-feet facility will include a full-service bank, six drive-through lanes, a 24-hour drive-up ATM and night-deposit drop. The bank plans to open in the spring of 2022. This April, FirstBank Southwest is temporarily relocating its drive-through, … Read more

Capital Bank of Texas to be Acquired by BAT Investments

Austin-based BAT Investments Inc. has reached an agreement to acquire Capital Bank of Texas, headquartered in Carrizo Springs. With branches in Carrizo Springs and Crystal City, as well as a loan production office in Austin, Capital Bank of Texas has assets of approximately $84 million. The bank was established in 2003. The acquisition is expected to … Read more

California-based First Foundation Expands into Texas with Relocation of Principal Executive Office

Irvine, California-based First Foundation Inc., a financial services company with two wholly owned operating subsidiaries, First Foundation Bank and First Foundation Advisors, announced its expansion into Texas with the relocation of its principal executive office to Dallas. The move to Texas aligns with First Foundation Inc.’s strategic goals of expanding into major markets and with … Read more

Texas Bankers Hall of Fame 2020 Honorees to be Inducted This Month

The Texas Bankers Hall of Fame recently announced that its 2020 honorees will be inducted at the Eighth Annual Texas Bankers Hall of Fame Gala on April 22, 2021, on the campus of Sam Houston State University in Huntsville. Five prestigious bankers—the late James B. Bexley, Lloyd R. Ferguson, William David Lacy, Victor Pierson and Allan … Read more

S&P Global Market Intelligence Ranks the Best-Performing Community Banks for 2020

S&P Global Market Intelligence released its annual rankings for 2020’s best-performing community banks with assets between $3 billion and $10 billion and community banks with assets less than $3 billion, as well as top-performing credit unions. “Despite going through a challenging year filled with economic uncertainty, we have seen community banks and credit unions play … Read more