TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Dallas-based PlainsCapital Bank recently announced the hiring of two seasoned bankers—Michael Ellzey and Jamie Gutierrez. Ellzey has joined the bank’s commercial lending team as senior vice president. He will office out of The Woodlands branch at 1699 Research Forest Dr., Ste. 100. Ellzey has more than 20 years of commercial lending and banking experience in … Read more
Memphis, Tennessee-based First Horizon National Corp., the holding company for First Horizon Bank, announced that Key Coker has joined the company as Dallas/Fort Worth market president. He is a Dallas-based chief executive with more than 35 years of banking experience, most recently serving as the Dallas CEO of BBVA. During his career, he has built … Read more
Home Office Relocations The TDB reports that it has approved an application by State Bank of Texas to locate its home office from 11950 Webb Chapel Rd. in Dallas to 5101 N. O’Connor Blvd. in Irving. Branches The OCC reports that Austin Bank NA, based in Jacksonville, has established a branch at 26400 Kuykendahl Rd., Ste. … Read more
Mergers and Acquisitions The TDB reports that it has approved an application by Capital Bank of Texas, based in Carrizo Springs, to merge with BAT Investments Inc., based in Austin. The TDB reports that First United Bank, based in Dimmitt, has merged with First Bank and Trust of Childress, based in Childress. The TDB reports … Read more
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