TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Dallas-based PlainsCapital Bank recently announced a series of senior-level leadership promotions across its Dallas, Austin and Lubbock markets. John Owens has transitioned from West Texas region chairman to chairman emeritus. He co-founded PlainsCapital Bank in 1988 and has more than four decades of banking experience in the Lubbock area. He received a BBA degree and … Read more
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
San Antonio-based Broadway Bank recently announced the hiring of Blake Absher as executive vice president and Austin market executive to spearhead strategic growth in Central Texas. The bank entered the market in 2012 and currently has seven locations in Austin and the surrounding area, and it’s positioned to expand services and hire more talent in 2021. Regional expansion … Read more
On January 25, Austin FC, the 27th club in Major League Soccer (MLS), announced that it has entered into a multiyear stadium-naming-rights partnership with Q2 Holdings Inc., an Austin-based provider of digital transformation solutions for banking and lending, for its state-of-the-art, $260-million stadium. Austin FC’s 20,500-plus seat Q2 Stadium will become one of 20 soccer-specific stadia … Read more
Ben Wallace, chairman of the board of Corpus Christi-based American Bank, has announced that Clayton J. Hoover Jr. has been elected to the bank’s board of directors and Robert Greenwood has been appointed to serve as chairman of the bank’s advisory board of directors. Advisory board members act as bank ambassadors and provide advice and … Read more
San Antonio-based Lone Star Capital Bank NA has entered into a purchase-and-assumption agreement for substantially all of the assets, deposits and certain other liabilities of Austin-based Business Bank of Texas NA. The acquisition is expected to be completed early in the second quarter of 2021. Established in 2007, Business Bank of Texas has total assets of … Read more
Susie Farley has been promoted to chief operations officer and Riley Floyd has been promoted to chief credit officer at Austin-based Keystone Bank. Farley is an experienced financial services industry professional with a demonstrated history of cross-department experience. Skilled in consumer loan production operations, fraud management, full-service contact center operations, collections, audit and compliance, she is … Read more
O n December 1, the Federal Home Loan Bank of Dallas (FHLB Dallas) announced that, in partnership with its member financial institutions, it has awarded $19.3 million in Affordable Housing Program (AHP) subsidies to 38 projects in Arkansas, Louisiana, Mississippi, New Mexico and Texas. The subsidies will result in the creation or rehabilitation of 2,749 … Read more
Samuel Owen Kimberlin, former chief executive officer of the Texas Bankers Association, passed away on November 10 in Austin following a short illness due to COVID. After serving in the U.S. Marine Corps for two years at the end of World War II, he attended the University of Texas–Austin, graduating with a BBA degree and … Read more
Austin-based Horizon Bank SSB recently announced the addition of Faron Phinney to serve as senior vice president at its new Temple location. He will be responsible for developing lending relationships within the Temple area. Phinney holds a BBA degree from Angelo State University and is a graduate of the National Commercial Lending School at the … Read more