TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Omaha, Nebraska-based Security National Bank, which operates in Dallas, has realigned executive leadership roles to ensure the bank remains family-owned and positioned for future growth. James “Jim” E. Landen retains his role as executive chairman, while Clarence “C.L.” L. Landen III has been named chief executive officer. Tim Sullivan joins the bank as president. “Security … Read more
Pine Bluff, Arkansas-based Simmons Bank has promoted commercial banking veteran Marty Nay to executive vice president and Texas metro division president. Having served as the bank’s Kansas City market president for the past five years, Nay will take over the responsibilities of leading Simmons Bank operations in the Dallas/Fort Worth metropolitan area. He will oversee … Read more
Mergers and Acquisitions The TDB reports that Citizens State Bank, based in Somerville, has applied to acquire Burton State Bank, based in Burton. The TDB reports that The Chasewood Bank, based in Houston, has applied to merge with MergerCo Inc., based in Houston. Home Office Relocations The TDB reports that WestStar Bank has relocated its … Read more
Branches The OCC reports that it has approved an application by Commercial Bank of Texas National Association, based in Nacogdoches, to establish a branch at 321 N. Central Expwy., Ste. 100, in McKinney. The OCC reports that it has approved applications by First National Bank Texas, based in Killeen, to establish the following branches: 3855 … Read more
Conversion The TDB reports that it has approved an application by Texas Capital Bank, based in Dallas, to convert from a national association to a Texas-chartered bank. Branches The OCC reports that Lamar National Bank, based in Paris, has established a branch at 100 Plaza Place, Ste. 100, in Northlake. The agency also reports that … Read more
With housing costs on the rise across Texas, finding an affordable place to live has become a crisis for too many families. Family incomes are not rising nearly as quickly as home prices in most regions of the state. According to studies, housing costs should account for less than 31 percent of a family’s income; … Read more
Jeff Schmid has joined the Southwestern Graduate School of Banking (SWGSB) Foundation as president and CEO, effective September 1. The move comes as S. Scott MacDonald Ph.D. retires from the position after 24 years of service to the foundation, headquartered at the Cox School of Business on the campus of Southern Methodist University (SMU) in … Read more
Dallas-based PlainsCapital Bank recently expanded its commercial banking team in Austin with the addition of Laura Kane and Rodney Thompson as senior vice presidents of commercial lending and Carly McCollum as commercial loan officer. Kane and McCollum will serve clients from PlainsCapital Bank’s downtown Austin office while Thompson will work from its Westlake branch. Kane … Read more
Shaughn Sutton, executive vice president/chief lending officer at Dallas-based MapleMark Bank, announced that Elizabeth Nebergall has been hired to serve as vice president/relationship manager. Nebergall will work with mid-market businesses in the commercial and industrial space throughout the Dallas/Fort Worth and North Texas markets. Prior to joining MapleMark Bank, Nebergall was a commercial banker at … Read more
Branches The OCC reports that it has approved an application by Texas National Bank of Jacksonville, based in Jacksonville, to establish a branch at 704 S. John Reddit Dr. in Lufkin. The OCC reports that Inwood National Bank, based in Dallas, has relocated a branch from 1551 S. Buckner Blvd. in Dallas to 1605 S. … Read more