TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
The Texas Bankers Association (TBA) recently announced the elected board of directors for its 2026–27 fiscal year. The officers’ terms run from June 1, 2026, through May 31, 2027. William Lucas, Shelby Savings Bank SSB in Center, has been named TBA chairman. The new vice chair is Michael Neill, First State Bank in Athens. Micah … Read more
On April 28, Bastrop Bancshares Inc., the holding company for Bastrop-based First National Bank of Bastrop, announced that it has entered into an agreement to acquire Columbus Bancorp Inc., the holding company for Columbus-based The First State Bank, for cash consideration. The transaction is expected to close in the third quarter of 2026. According to … Read more
Henderson-based VeraBank has hired Jon Turgel as senior vice president/commercial banker. He brings more than 30 years of industry experience, with a strong background in relationship‑driven commercial banking and community engagement. In his new role, he will serve businesses across the Kyle-to-Bastrop region and surrounding communities. “Jon brings a strong relationship‑driven mindset, a passion for community … Read more
On February 2, Third Coast Bancshares Inc., the parent company of Humble-based Third Coast Bank, announced the successful completion of its merger with Keystone Bancshares Inc., the parent company of Bee Cave-based Keystone Bank SSB. The combined company now has total assets in excess of $6 billion. With the merger complete, Third Coast Bancshares will … Read more
On October 22, Third Coast Bancshares Inc., the parent company of Houston-based Third Coast Bank, and Keystone Bancshares Inc., the parent company of Austin-based Keystone Bank SSB, jointly announced the signing of a definitive merger agreement pursuant to which Third Coast will acquire Keystone in a stock and cash transaction valued at approximately $123 million … Read more
On October 16, Cornerstone Capital Bancorp Inc., the holding company for Houston-based Cornerstone Capital Bank, and Peoples Bancorp Inc., the holding company for Lubbock-based Peoples Bank, announced the signing of a definitive agreement under which Cornerstone will acquire Peoples. This transaction marks Cornerstone’s first bank acquisition since its merger with Roscoe Bank in 2022. Upon … Read more
The Texas Bankers Association (TBA) recently announced the elected board of directors for its 2025–26 fiscal year. The officers’ terms run from June 1, 2025, through May 31, 2026. Ron Butler, executive vice president and chief administrative officer of Abilene-based First Financial Bank NA, has been named TBA chairman. The new vice chair is William … Read more
Terry Richter has been named chief executive officer of Cameron-based Classic Bank. He has been serving as interim CEO since December 2023. Richter retired from the Office of the Comptroller of the Currency (OCC) in 2021 with more than 35 years of experience. He served in a wide variety of roles at the OCC, including … Read more
Stephen Lee has assumed the roles of president and CEO of the First National Bank of Bastrop, succeeding Reid Sharp, who will continue to serve as chairman of the board. Lee has more than 30 years of banking experience, including serving for the past 17 years as president and CEO of the southeast region at … Read more
First National Bank of Bastrop recently hired Kristina Nocella Dillon, CPA to serve as chief financial officer. She joins the bank with a strong background in financial management and more than 25 years of working with and for community banks. Prior to joining First National Bank, Dillon led and trained audit teams throughout her career … Read more