TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On November 20, the board of Abilene-based First Financial Bankshares Inc. announced promotions for First Financial Bankshares and First Financial Bank. These promotions—part of the company’s ongoing management succession plan the board has been working on for several years—will be effective January 1, 2025. Ron Butler II was promoted to vice chair of the executive … Read more
On November 22, Dallas-based First Foundation Inc., the parent company of Irvine, California-based First Foundation Bank, announced the appointment of Thomas C. Shafer as chief executive officer. His appointment follows the retirement of Scott F. Kavanaugh, who has served as CEO since 2009 and as a member of the board of directors since 2007. Shafer … Read more
Perryton-based Interstate Bank has announced the retirement of Danny Skarda, chairman of the board and chief executive officer, and the election of Blair Berg as his successor. Berg assumed his new role on September 30. Skarda, a third-generation banker, is retiring after a distinguished career managing banks in New Mexico, Montana and Texas for more … Read more
On August 19, San Antonio-based USAA announced that Wayne Peacock plans to retire as president and CEO after a distinguished 36-year career at the company, including nearly five as CEO. He will retire in the first half of 2025. “Wayne has always answered the call to serve and the board is thankful for his leadership,” … Read more
Ricky Kidd has been named chief executive officer of the National Bank of Andrews. The promotion was announced by current CEO Russell Shannon, who will remain board chairman and Andrews Bancshares Inc.’s chief executive officer. Kidd brings more than 40 years of banking and commercial lending experience in Andrews and the surrounding region. He joined … Read more
On June 24, San Antonio-based Frost Bank announced that longtime executive Don Frost plans to retire at the end of the month. A great-great-grandson of the company’s founder, T.C. Frost, Don Frost started at the bank in 1983 and has worked in numerous roles over this 41-year tenure. He retires as an executive vice president … Read more
Round Rock-based R Bank has named Todd Engemoen president and CEO. His experience includes strategic planning, operational excellence and customer-centric initiatives. Engemoen succeeds Steve Stapp as president and CEO. Stapp recently announced his retirement after 16 years with R Bank. During his tenure there, he led the bank from a single location with 12 employees … Read more
On May 16, the boards of Southside Bancshares Inc. and Tyler-based Southside Bank unanimously approved the appointment of Keith Donahoe to serve as president of the company and the bank. Lee R. Gibson will continue as chief executive officer of the company and the bank. Donahoe has almost 30 years of experience in banking in … Read more
Stephen Lee has assumed the roles of president and CEO of the First National Bank of Bastrop, succeeding Reid Sharp, who will continue to serve as chairman of the board. Lee has more than 30 years of banking experience, including serving for the past 17 years as president and CEO of the southeast region at … Read more
Oklahoma City, Oklahoma-based InterBank’s longtime CEO Pascal Hosch retired at the end of 2023. He will continue to serve on the board of directors of both the bank and its holding company, Olney Bancshares of Texas Inc. The bank has tapped C.K. Lee to succeed Hosch. Hosch began his career at InterBank 30 years ago … Read more