TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
San Antonio-based Broadway Bank announced that Rick Timmins has been elected chairman of the board of directors, effective April 1. The Austin-based business leader has served on the bank’s board since 2017 and is board chair of the Central Texas Angel Network. “We are honored to have Rick’s leadership as Broadway continues down the path … Read more
Dr. Lloyd R. Ferguson, one of the founders of Pearland State Bank, passed away in his Pearland home on March 9. He was 96. Ferguson served in the U.S. Army Air Corps as a B-17 gunman during World War II. He earned his bachelor’s degree from Howard Payne University, a master’s degree from Texas Christian … Read more
The board of directors of Sweetwater-based Texas National Bank announced changes in the bank’s executive management following its December meeting. Mike Fernandez was named president and chief executive officer of the bank effective December 31, 2021. Former CEO Bill Johnson is moving to the bank’s holding company, Mesa Financial Corp. Johnson will remain board chairman … 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
Lowell “Stretch” Smith Jr., longtime banker and avid civic supporter in Johnson County, passed away on August 29. He was 88. For decades, he helped lead the First State Bank of Rio Vista. Smith grew up on a family ranch near Rio Vista. Many people knew him as “Stretch,” a nickname acquired from his high … Read more
After 50 years of extraordinary service and dedication to Junction National Bank and its customers, former bank president Rob Roy Spiller retired on April 1. He will maintain his position as chairman of the board. Spiller was raised on the family ranch near Junction in Kimble County, a ranch he now owns and operates. A … Read more
On April 22, Wade Donnell, CEO of The National Bank of Texas at Fort Worth, along with the bank’s board of directors, announced that Steve Eargle has been elected chairman of the board. A board member since 2017, Eargle currently serves on the executive, strategic planning, property and director’s loan committees. Eargle is a founding … Read more
On April 12, Tupelo, Mississippi-based BancorpSouth Bank and Houston-based Cadence Bancorporation, the parent company of Cadence Bank NA, jointly announced that they have entered into a merger agreement under which the companies will combine in an all-stock merger with a total market value of more than $6 billion to create a leading Texas and Southeastern … Read more
Eric Swenson, chairman of the board of Spur Security Bank in Spur, retired in March after 52 years serving the bank. He joined the bank in 1969 as a director and became part of active management as a vice president in 1972. During his tenure, he also served as executive vice president and president of … Read more
Tom Sellers, CEO of Sulphur Springs-based Alliance Bank, has been named chairman of the board of Alliance BancShares Inc., the bank’s parent company. In addition, James Law, chief financial officer, will assume Sellers’ former role as president of Alliance Bank and remain CFO for the bank and its holdings, and Keith Shurtleff has been promoted … Read more