TEXAS BANKING NEWS, PEOPLE and IDEAS
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
ORogers Pope Sr. and Rogers Pope Jr.n June 17, Rogers Pope Sr., chairman of Longview-based Texas Bank and Trust, announced a significant leadership transition during the bank’s board of directors meeting. He is passing the gavel of chairmanship to his son, Rogers Pope Jr. He will remain active in the bank in his new role … Read more
On July 1, Investar Holding Corp., the holding company for Baton Rouge, Louisiana-based Investar Bank NA, and Wichita Falls Bancshares Inc., the holding company for Wichita Falls-based First National Bank, jointly announced that they have entered into a definitive agreement under which Investar will acquire Wichita Falls for cash and stock consideration. The merger is … Read more
On July 14, Huntington Bancshares Inc., the holding company for Columbus, Ohio-based Huntington Bank, and Dallas-based Veritex Holdings Inc., the parent company of Dallas-based Veritex Community Bank, announced a definitive merger agreement in which Huntington will acquire Veritex. The acquisition accelerates Huntington Bancshares’ growth in Texas by expanding its presence in Dallas/Fort Worth and Houston. … Read more
On June 24, Kalispell, Montana-based Glacier Bancorp Inc. and Mount Pleasant-based Guaranty Bancshares Inc., the bank holding company for Guaranty Bank & Trust NA, announced the signing of a definitive agreement pursuant to which Glacier will acquire Guaranty in an all-stock transaction. The acquisition marks Glacier Bancorp’s 27th bank acquisition since 2000 and its 13th … Read more
On June 18, Corsicana-based Community National Bank & Trust of Texas announced the acquisition of Fort Worth-based CapTex Bank. The acquisition expands Community National Bank and Trust’s footprint to 18 branches across Texas with the addition of five locations in Fort Worth, Bonham, Leonard, Melissa and Trenton. Established in 1901 as the First National Bank … Read more
Durant, Okalhoma-based First United Bank recently announced that Jesse Jackson has joined the organization as Dallas/Fort Worth regional president. He has more than 35 years of experience in banking and financial leadership. Most recently, Jackson served as executive vice president and head of commercial banking at b1BANK in Dallas. Under his leadership, the bank raised … Read more
On June 3, Independent Banker magazine, the monthly publication of the Independent Community Bankers of America (ICBA), announced its seventh annual “40 Under 40: Community Bank Leaders” list, recognizing the rising stars transforming community banking through innovation, leadership and service. Several Texas-based bankers were included on the list, which represents a diverse mix of emerging … Read more
On July 1, Tupelo, Mississippi-based Cadence Bank announced the successful completion of its previously announced acquisition of Industry Bancshares Inc., the bank holding company for Industry State Bank, The First National Bank of Bellville, Fayetteville Bank, Citizens State Bank, The First National Bank of Shiner and Bank of Brenham. Cadence Bank hopes to complete operational … Read more