TEXAS BANKING NEWS, PEOPLE and IDEAS
On September 19, Corpus Christi-based Charter Bank announce the appointment of Isaac Camacho to its board of directors. He has been a successful business owner in the Corpus Christi area for more than 20 years. He owns multiple businesses—including waste management, recycling and demolition services—and employs more than 100 individuals in the Coastal Bend area. … Read more
On October 6, Cincinatti-Ohio-based Fifth Third Bancorp and Dallas-based Comerica Inc. announced that they have entered into a definitive merger agreement under which Fifth Third will acquire Comerica in an all-stock transaction valued at $10.9 billion. This transaction brings together two long-tenured banking franchises to create the ninth largest U.S. bank with approximately $288 billion … Read more
On July 17, John E. Grist, president and CEO of Snyder-based West Texas State Bank, announced that the board of directors has appointed Justin Rosson as market president in Snyder. Rosson is a native of Snyder and a graduate of Lubbock Christian University. Grist also announced that Toby J. Latham has been promoted to senior … Read more
During the IBAT Connecting Leaders Conference held this summer in Galveston, the Independent Bankers Association of Texas (IBAT) presented its annual Excellence in Leadership Award. This year’s recipient was Jay Bearden, president and CEO of Legend Bank in Decatur. To be considered for the Excellence in Leadership Award, one must selflessly promote, support and serve … Read more
On July 18, Prosperity Bancshares Inc., the parent company of Houston-based Prosperity Bank, and American Bank Holding Corp., the parent holding company of Corpus Christi-based American Bank NA, jointly announced the signing of a definitive merger agreement whereby Prosperity Bancshares will acquire American Bank Holding Corp. and American Bank. The merger has been unanimously approved … Read more
Weatherford-based First Bank Texas has appointed Ed Greenlee to its board of directors. A respected Texas banking executive with 50 years of experience, he brings a wealth of industry knowledge and a strong commitment to community-centered financial services. A native of Abilene, Greenlee’s career in banking has spanned markets across the state, from Abilene, Kerrville … Read more
Pat Leatherwood, chairman of the board of First National Bank of Dublin, has announced the election of Matt Stockman of De Leon and Kameron Mazurek of Comanche to the bank’s board of directors. Stockman is president of Stockman Seed & Fertilizer, a business he launched in 1986 in De Leon. Mazurek founded the law and … Read more
On June 24, Maverick Bancshares Inc., the parent company of Lubbock-based Maverick Bank, and Sandhills Bancshares Inc., the parent company of Monahans-based Tejas Bank, announced that they have entered into a definitive merger agreement under which Maverick will acquire Sandhills. Upon closing, Tejas Bank will merge into Maverick Bank, creating a West Texas community bank … Read more
College Station-based American Momentum Bank has appointed Casey Oldham, CEO and chief investment officer of Oldham Goodwin Group LLC, to the bank’s board of directors. He brings more than 20 years of experience in the commercial real estate industry. “Casey’s expertise in real estate, capital raising and deal structuring, paired with his involvement in communities … Read more
On April 28, the board of directors of Odessa-based SouthWest Bank announced the promotion of Isaiah Navarrete from advisory director to full board member. Based in Odessa, Navarrete is an entrepreneur and business leader with a diverse background spanning lending, oil and gas, finance and construction. He is the owner of Cobra Coating, a partner … Read more