TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Larry Allen, area chairman of Lubbock-based Peoples Bank, has announced the promotion of Marcus Brockman to rural markets president. He has been with Peoples Bank for 21 years. Brockman grew up in Nazareth and helped open the Peoples Bank branch there. He has been serving customers in that community as a lender since the Nazareth … Read more
On March 2, Cornerstone Capital Bancorp Inc., the holding company for Houston-based Cornerstone Capital Bank, announced the successful completion of its acquisition of Peoples Bancorp Inc., the holding company for Lubbock-based Peoples Bank. The combined organization now holds more than $3.4 billion in assets. All acquired branches remain open as Peoples Bank, a division of Cornerstone … 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
In late March, USA Today and Energage released its fifth annual list of America’s Top Workplaces, which includes several Texas-based banks. A nationwide competition open to organizations with 150 employees or more, Top Workplaces recognizes companies that foster exceptional work cultures. Winners are determined by confidential surveys conducted by Energage, a human resources research and … Read more
Houston-based Cornerstone Capital Bank has appointed Paul Woo chief financial officer. He has more than 30 years of experience in the financial services industry. Woo previously served as senior vice president and director of capital planning and corporate development at Cadence Bank. Prior to Cadence Bank, he was a senior member of The Endicott Group, … Read more
Houston-based Cornerstone Capital Bank has expanded its leadership team with seven key hires. Patrick Ramsier has joined Cornerstone Capital Bank as president/capital markets CRE, bringing more than 35 years of commercial real estate finance experience. Prior to joining Cornerstone, he built successful on-book commercial real estate platforms at both LegacyTexas Bank and Southside Bank, for … Read more
On October 3, Houston-based Cornerstone Home Lending, one of the nation’s largest independent residential mortgage companies, announced the completion of its previously announced acquisition of and merger with Roscoe-based Roscoe State Bank. The merger results in the formation of Cornerstone Capital Bank, which will hold more than $380 million in regulatory capital and greater than $1.5 … Read more