On October 16, Dallas-based PlainsCapital Bank announced that Darrell Adams, chief credit officer, will retire on November 10 after 37 years of dedicated service. Brent Raindl, currently serving as Dallas region chairman, will succeed Adams as chief credit officer and Thomas Ricks, currently president of PlainsCapital Bank’s North Dallas branch, is being promoted to Dallas region chairman.
Adams began his career at PlainsCapital in loan review and credit administration and was named executive vice president in 2001. He has served as chief credit officer for the past 20 years.
“Darrell has been a cornerstone of PlainsCapital Bank since 1988, and his leadership has played a pivotal role in shaping the bank’s credit culture and long-term success,” says Brian Heflin, president. “We are incredibly grateful for his decades of service and wish him the very best in retirement.”
As chief credit officer, Raindl will manage the bank’s credit approval process, loan administration, special assets and portfolio management functions. He joined PlainsCapital in 1998 and opened the bank’s Preston Center location in 2006. Since then, he has led operations across all Dallas locations, with a focus on middle-market commercial businesses, commercial real estate and private banking.
Raindl holds a BBA degree in finance from Texas Tech University and an MS degree in management with a finance concentration from the University of Texas–Dallas. He serves on the NAIOP/Commercial Real Estate Development Association board of directors, the Texas Tech University Rawls College of Business Advisory Council and the Dallas Scholarship Committee.
“Brent brings a sharp credit mind and a deep understanding of and experience with PlainsCapital’s credit policies and culture, shaped over his 27-year career with the bank,” Heflin notes. “His partnership and history with our bankers, customers and credit partners is unmatched, and we’re proud to see homegrown talent step into key leadership opportunities with the bank.”
Ricks joined PlainsCapital in 2003 as a loan review analyst and has more than 20 years of commercial banking experience in the Dallas market. He holds dual BBA degrees in accounting and general business from Texas Tech University and earned his executive MBA degree from the University of Texas–Dallas. He is also a graduate of the SW Graduate School of Banking at Southern Methodist University.
“Thomas has been instrumental in expanding our commercial lending portfolio and strengthening relationships with business and civic leaders in the Dallas area,” Heflin says. “His promotion reflects our confidence in his leadership and vision for the region.”
Established in 1955, PlainsCapital Bank operates 55 Texas branches across Austin, Corpus Christi, Dallas, Fort Worth, Houston, Lubbock, the Rio Grande Valley and San Antonio.
