TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The TDB reports that it has approved an application by Farmers and Merchants Bank, based in De Leon, to acquire Farmers State Bank of Newcastle, based in Newcastle. Branches The OCC reports that it has approved an application by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish a branch at … Read more
Mergers and Acquisitions The OCC reports that Community National Bank & Trust of Texas, based in Corsicana, has applied to acquire Captex Bank, based in Fort Worth. The TDB reports that Farmers and Merchants Bank, based in De Leon, has applied to acquire Farmers State Bank of Newcastle, based in Newcastle.
On February 1, Harlingen-based Texas Regional Bank announced that it is continuing its commitment to Blanco County’s youth, contributing an additional $12,900 this year to support student agricultural projects at the Blanco County Stock Show. Since 2019, the bank has provided more than $173,000 to support local students, funding initiatives ranging from leadership camps to … Read more
Dallas-based PlainsCapital Bank recently hired Bill Osborn to serve as assistant vice president/senior oil and gas property manager for the Private Bank at PlainsCapital. Based in the bank’s Fort Worth office at 3707 Camp Bowie Blvd., he will manage a portfolio of select oil and gas assets for clients across Texas. Osborn brings more than … Read more
Mergers and Acquisitions The OCC reports that it has approved an application by Austin Bank NA, based in Jacksonville, to acquire Chasewood Bank, based in Houston. Branches The OCC reports that Amarillo National Bank, based in Amarillo, has applied to establish a branch at 8602 Pineridge Dr. in Amarillo. The OCC reports that Zions Bancorporation … Read more
On January 24, Jeff Austin III, chairman of the board of Jacksonville-based Austin Bank, announced that Austin Bancorp Inc., the parent company of Austin Bank, has received regulatory approval for the company’s acquisition of Chasewood Bank, based in Houston. The acquisition date of February 14, 2025, will create combined assets of $2.9 billion with 40 … Read more
On January 23, Texas Capital Bancshares Inc., the parent company of Dallas-based Texas Capital Bank, announced that its board of directors has elected Rob C. Holmes, president, CEO and board director, to also serve as chairman of the board immediately following the 2025 annual meeting of stockholders. “The decision to entrust chairman of the board … Read more
In October, Houston-based Gulf Capital Bank announced that Allan Li, CEO of Pamarco Technologies LLC, has joined the bank’s board of directors. Pamarco Technologies is an industrial manufacturing company that supplies and services major multinational integrated packaging suppliers and OEM firms worldwide. Li also serves as a managing director and board member of Kotts Capital … Read more
The conclusion of the Independent Bankers Association of Texas’ (IBAT) 39th Annual Connecting Leaders Conference, held June 26–29 in San Antonio, marks the beginning of a new year for the IBAT Leadership Division, and with that comes the election of a new board of directors. Bankers Digest recently reported on the new Leadership Division executive … Read more
Houston- and Tupelo, Mississippi-based Cadence Bank has promoted Randy Petersen to executive managing director. This promotion expands his role assuming responsibility for the bank’s Texas-based commercial and industrial group. He continues to oversee the energy finance group. Petersen has been with Cadence Bank since 2010. In 2019, he played a pivotal role in launching the … Read more