TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Larry Allen, CEO and chairman of the board at Lubbock-based Peoples Bank, announced the following promotions at the end of 2021. “These promotions reflect the outstanding staff we have at Peoples Bank,” Allen says. “Each one of these individuals goes above and beyond and we are fortunate to have them on our team.” Dawn Ambrose … Read more
Gene D. Adams, chairman of Seymour-based Baylor Bancshares and its subsidiary, First Bank & Trust, retired in June after serving 65 years in community banking. He started his career in 1954 at Farmers & Merchants Bank in Abilene (now First Financial Bank), where he was the bank’s first internal auditor. Along the way, he worked at … Read more
On May 3, Lubbock-based Peoples Bancorp Inc., the parent company of Peoples Bank, announced the successful closing of the previously announced acquisition of Seymour-based Baylor Bancshares Inc., the parent company of the First Bank & Trust. The merger agreement was unanimously approved by the boards of directors of both bank holding companies and their subsidiary banks … Read more
Lubbock-based Peoples Bancorp Inc. and its wholly owned subsidiary, Peoples Bank, announced the signing of a definitive agreement on December 30 to acquire Seymour-based Baylor Bancshares Inc. and its subsidiaries, First Bank & Trust and Baylor Mortgage Co. Inc. The acquisition is expected to close in the second quarter of 2021. As of September 30, … Read more