TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Dallas-based Susser Bank announced that Greg R. Orlean has joined the company as senior vice president/relationship manager, bringing more than 19 years of banking expertise, specializing in commercial lending and business solutions. Orlean previously served as senior vice president in business banking at Capital One Bank and has held key roles at established institutions, including Origin … Read more
Mergers and Acquisitions The TDB reports BOM Bank, based in Natchitoches, Louisiana, has acquired the following branches of American State Bank, based in Arp: 13218 U.S. Hw.y 84 E in Joaquin; 830 N. 1st St. in Timpson; 163 Casscaid St. in Center, TX; 3001 S. John Redditt Dr. in Lufkin; 1601 S. Chestnut St. in … Read more
Pictured above: (seated) Janine Marshall, senior vice president/market president; and Patrick White, vice president/deposit and liquidity specialist; (standing) Dawn Chavez, senior vice president/treasury management solutions officer; and Diana Stringfellow, assistant vice president/senior relationship assistant.Dallas-based Susser Bank opened its first full-service branch in Collin County on November 25 at 6900 N. Dallas Pkwy. in Plano’s Legacy … Read more
Representatives from the Federal Home Loan Bank of Dallas (FHLB Dallas) and eight of its members awarded $283,000 in grants to eight nonprofit organizations in Dallas and Fort Worth. The awards were part of more than $1.2 million awarded to community groups through the Partnership Grant Program (PGP) and were celebrated during an event on … Read more
On November 22, Dallas-based First Foundation Inc., the parent company of Irvine, California-based First Foundation Bank, announced the appointment of Thomas C. Shafer as chief executive officer. His appointment follows the retirement of Scott F. Kavanaugh, who has served as CEO since 2009 and as a member of the board of directors since 2007. Shafer … Read more
Dallas-based PlainsCapital Bank has hired Jorge Vernaza to serve as senior vice president/senior commercial loan officer on its Houston lending team. He will be based at the bank’s Richmond Ave. location. Vernaza has a strong background in both commercial real estate and commercial and industrial, with former clients across various sectors and sub-sectors of the … Read more
Mergers and Acquisitions The TDB reports that it has approved an application by Producer Acquisition Corp., based in Beaumont, to establish a bank holding company by acquiring Powell State Bank, based in Powell. Main Offices The OCC reports that The First National Bank of Eagle Lake, based in Eagle Lake, has applied to relocate its … Read more
Mergers and Acquisitions The OCC reports that Austin Bank NA, based in Jacksonville, has applied to acquire Chasewood Bank, 20333 State Hwy. 249 in Houston. Loan Production Offices The OCC reports that First National Bank Texas, based in Killeen, has applied to establish a loan production office at 641 N. Stanton Dr. in El Paso. Branches … Read more
The Federal Reserve Bank of Dallas has announced appointments and reappointments of several prominent Texas bankers to its board of directors and branch boards. As Dallas Fed board and branch board members, they will provide input on regional economic conditions as part of the Federal Reserve’s monetary policy functions. Victor R. Pierson, chair, president and … Read more
Dallas-based PlainsCapital Bank recently announced that Travis Smart has joined its Fort Worth lending team as senior vice president/senior commercial loan officer. He will be based at the bank’s downtown Fort Worth location on Houston St. Smart brings more than 12 years of experience in commercial banking. Before joining PlainsCapital Bank, he served as vice … Read more