TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
The Federal Reserve Bank of Dallas recently announced appointments and reappointments to its branch boards in San Antonio, Houston and El Paso, as well as an appointment to the Dallas Fed board. As board members, these individuals provide input on regional economic conditions as part of the Federal Reserve’s monetary policy functions. Each of the … Read more
The board of directors of Jacksonville-based Austin Bank announced a change in their corporate office at the November meeting. Jeff Austin Jr. has been elected senior chairman of the board and his son, Jeff Austin III, has been named chairman of the board. This transition continues the Austin family legacy of banking into the fourth generation. … Read more
On November 8, Houston-based Allegiance Bancshares Inc., the holding company of Allegiance Bank, and CBTX Inc., the parent company of CommunityBank of Texas NA, jointly announced that they have entered into a definitive agreement pursuant to which the companies will combine in an all-stock merger of equals to create a combined company with an equity … Read more
Kelly A. Barclay of Wimberley has been re-elected to the Federal Reserve Bank of Dallas board of directors by its member banks. She will serve a three-year term ending December 31, 2024. She has served on the Dallas Fed’s board since 2019. In her role as a board member, Barclay provides input on regional economic … Read more
Renard U. Johnson of El Paso has been re-elected to the Federal Reserve Bank of Dallas board of directors by its member banks. He will serve a three-year term ending December 31, 2024. He has served on the Dallas Fed’s board since 2020 and previously served on the bank’s El Paso branch board from 2012 to … Read more
On September 27, the Federal Reserve Bank of Dallas announced that President and CEO Rob Kaplan will retire from the bank effective October 8, 2021. He has served as the 13th president and CEO of the Dallas Fed since 2015. Prior to that, he was the Martin Marshall Professor of Management Practice and a senior … Read more
The Independent Bankers Association of Texas (IBAT) recently announced that Thomas Sellers, chairman of the board and chief executive officer of Sulphur Springs-based Alliance Bank, has been elected chairman of the IBAT board of directors for 2021–22. He officially accepted this position during the association’s 47th annual convention held September 18–21 in Austin. In addition … Read more
On September 15, Conway, Arkansas-based Home BancShares Inc. (HOMB), the parent company of Centennial Bank, and Amarillo-based Happy Bancshares Inc., the parent company of Happy State Bank, jointly announced that they have entered into a definitive merger agreement pursuant to which Home BancShares will acquire Happy Bancshares in an all-stock merger, with Home BancShares as … Read more
The board of directors of IBC Bank–Corpus Christi recently appointed Gustavo A. Barrera to lead its Corpus Christi region as president and CEO. With more than 26 years of community banking experience, all with IBC Bank, Barrera’s knowledge and expertise have contributed to the overall growth and success of the Corpus Christi region and business … Read more
The board of directors of The First National Bank of Sterling City has named Scot Long president and CEO. He replaces Roger D. Williams, who has held the office of president and CEO for the past 37 years. Williams will become an employee of the bank holding company, Sterling City Banc Shares Inc., and remain … Read more