TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
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
Jerome J. “Buddy” Lednicky Jr., former chairman of State National Bank, passed away on January 1 at his residence in West. He was 84. After earning his bachelor’s degree from Texas A&M University and serving in the U.S. Army and Army Reserves, Lednicky launched his banking career, which culminated with his roles as chairman and … Read more
Addison-based Liberty Capital Bank has announced the appointment of Alan Morris as chief executive officer and Amy Pickard as chief financial officer. These leadership changes follow the retirements of former CEO Ben Cunningham and former CFO David Sprinkle from the company. “Ben Cunningham’s influence as the CEO of Liberty Capital Bank cannot be understated,” says … Read more
Philip Paul Cloud, former executive vice president and chief credit officer at Bank of the West in Grapevine, passed away on December 3 after a brief stay at Dallas Methodist Hospital. He was 61. After receiving his bachelor’s degree in finance from the University of Texas–Arlington, Cloud followed in the footsteps of his father, Roger … Read more
Ryan Morris, chief executive officer of Gainesville-based First State Bank, has been selected to fill a vacancy on the board of directors of the Texas Bankers Association (TBA). His term will expire May 31, 2022. Morris has more than 25 years of experience in the banking industry. After receiving his BBA degree in accounting and finance from the … Read more
Henderson-based VeraBank has hired Ryan Hamilton to serve as Longview market president. An experienced commercial banker and longtime Longview resident, Hamilton will focus on leading and growing VeraBank’s business in the area. He has been a community banker for more than 17 years and has spent most of his career in commercial lending, helping small and … Read more
Midland-based FirstCapital Bank of Texas has hired Jamie Pruitt as a mortgage loan originator at the bank’s Midland Plaza location. She attended the Texas Tech University School of Business, majoring in real estate and construction, and obtained her mortgage loan origination license through the state of Texas. Pruitt serves on the CASA of West Texas fundraising … Read more