TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
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
First National Bank of Bastrop has promoted Fil Valderrama to serve as Austin market president. He will take the helm at the Austin loan production office to further grow this market and oversee area lenders. Valderrama has been a member of the First National Bank of Bastrop team for more than 32 years. He previously … Read more
Henderson-based VeraBank continues to expand its footprint in Central Texas with the opening of a new branch in Bastrop, which opened for business on May 1. This full-service branch will be VeraBank’s first in Bastrop and ninth in the greater Austin area. “Our bank is large enough to serve any of your financial needs, but … Read more
On March 28, The First National Bank of Bastrop welcomed a new chief operating officer to its executive team and announced the creation of a chief human resources officer position on the executive team. Chase Browning has joined the bank as the chief operating officer and will report to Chase Anderson, the newly named successor … Read more