TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On December 7, Dallas-based Texas Capital Bancshares Inc., the parent company of Texas Capital Bank, announced the creation of the Texas Capital Bank Foundation, a nonprofit entity that will expand and elevate the bank’s philanthropic giving. “Texas Capital Bank takes a holistic approach to serving our communities through strategic philanthropy and engagement,” says Rob C. … Read more
Robert Smith has joined Dallas-based Texas Capital Bank as executive vice president/head of technology, media and telecom. He brings nearly 30 years of experience in debt capital formation, public offerings, recapitalizations, international/cross border and strategic advisory assignments to his new role. Prior to joining Texas Capital Bank, Smith served as managing director at PNC Bank … Read more
On December 6, Dallas-based First Foundation Inc., a financial services company with two subsidiaries, First Foundation Bank and First Foundation Advisors, announced that Christopher M. Naghibi, who has served as executive vice president/chief credit officer of the bank since 2014, has been named executive vice president/chief operating officer, effective immediately. Additionally, Hugo Nuño, who has … Read more
San Antonio-based Frost Bank’s Central Plano and Northwest Dallas locations—the seventh and eighth of 28 new financial centers to open in the bank’s Dallas region expansion—are open for business. The Central Plano branch opened on November 14 and the Northwest Dallas branch opened on the morning of December 12. A 154-year-old bank with deep Texas … Read more
Mergers and Acquisitions The TDB reports that it has approved an application by The Chasewood Bank, based in Houston, to acquire MergerCo Inc., based in Houston. The TDB reports that Prosperity Bank, based in El Campo, has applied to acquire Lone Star State Bank of West Texas, based in Lubbock, and FirstCapital Bank of Texas … Read more
Name Changes The TDB reports that Security Bank of Crawford, based in Crawford, has applied to change its name to Security Bank of Texas. Conversions The TDB reports that it has approved an application by The First Liberty National Bank, based in Liberty, to convert to a state charter under the name First Liberty Bank. … Read more
American Banker has released its 2022 list of the “Best Banks to Work For,” which includes 11 banks based in Texas or with operations in Texas among the 90 listed. Like last year, Oakworth Capital Bank in Birmingham, Alabama, was ranked the Best Bank to Work For. Greater Community Bank in Rome, Georgia, is the smallest bank … Read more
Branches The OCC reports that Bank of America NA, based in Charlotte, North Carolina, has established a branch at 8616 S. IH 35 in Austin. The OCC reports that First National Bank Texas based in Killeen, has applied to establish a commercial loan office at 1750 Round Rock Ave., Ste. 300, in Round Rock. The TDB … Read more
Branches The OCC reports that Liberty National Bank, based in Lawton, Oklahoma, has established a branch at 5550 Granite Pkwy., Ste. 155, in Plano. The OCC reports that American National Bank & Trust, based in Wichita Falls, has established a branch at 409 N. Oak, Ste. 220, in Roanoke. The OCC reports that it has … Read more
Branches The OCC reports that Wells Fargo Bank NA, based in Sioux Falls, South Dakota, has established a branch at 7900 Woodbridge Pkwy. in Sachse. The OCC reports that it has approved an application by First Financial Bank NA, based in Abilene, to establish a branch at 119 N. LHS Dr. in Lumberton. The agency … Read more