TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Hammond, Louisiana-based First Guaranty Bank, a wholly owned subsidiary of First Guaranty Bancshares Inc. announced a definitive agreement to purchase Houston-based Lone Star Bank in an all-stock transaction. The combined financial institutions will have approximately $3.2 billion in total assets, $2.5 billion in total loans and $2.8 billion in total deposits. Established in 2006, Lone … Read more
The board of directors at Corpus Christi-based Charter Bank recently announced four promotions in the new year. Raleigh Cosby, senior vice president/commercial lender specializing in real estate, has been elected to serve on Charter Bank’s board of directors. He has been with the bank since 2007 and has more than 37 years of banking experience … Read more
On December 28, Odessa-based SouthWest Bank announced the appointment of Phil George as Odessa market president. He currently serves as the bank’s senior vice president of commercial lending. George replaces Paul Weaver, who has been elected as the bank’s chief executive officer, effective January 1, 2023. George has 19 years of experience in the banking … Read more
On December 5, Harlingen-based Texas Regional Bank (TRB) announced the addition of insurance to its suite of financial services. TRB Insurance will offer a wide range of products and services, including home, auto and life insurance, as well as commercial insurance. The new TRB Insurance division was created with the acquisition of Mission Duncan Insurance … Read more
Abilene-based First Financial Bank NA recently opened its 79th branch, a 3,300-square foot location in Lumberton. The addition extends the bank’s Southeast Texas region’s reach further north into Hardin County. The region also has locations in Orange, Vidor, Mauriceville, Newton, Port Arthur and Beaumont. First Financial Bank expanded its footprint into Southeast Texas in 2013, … Read more
McGregor-based TFNB Your Bank for Life is moving from the East Waco location it has temporarily occupied at 715 Elm Ave. into the newly renovated Gladstone Knight building across the street at 700 Elm Ave. This will be the permanent location for TFNB Your Bank for Life’s East Waco location. “The historic Gladstone Knight building … Read more
On December 20, Odessa-based SouthWest Bank announced that Dewey Bryant, chief executive officer, will assume the role of CEO emeritus effective January 1, 2023. In this role, he will continue to serve on the SouthWest Bank board of directors and help execute a seamless leadership transition for the bank. The SouthWest Bank board has elected … Read more
The Federal Reserve Bank of Dallas has appointed Kari Mitchell to the bank’s El Paso branch board and Denise Rodriguez Hernandez to the San Antonio branch board. In addition, Von Washington has been reappointed to the El Paso branch board. All three are slated to serve a three-year term ending December 31, 2025. In their … Read more
Mount Pleasant-based Guaranty Bank & Trust recently announced the promotion of Meredith Biery to senior vice president and trust officer. She joined the wealth management and trust group at Guaranty Bank & Trust in 2021, bringing 13 years of experience in private wealth management. Biery earned her BBA degree in finance (with a minor in … Read more
Larry Allen, chairman and CEO of Lubbock-based Peoples Bank, announced the following promotions at the end of 2022. Tori Harber has been promoted to senior vice president. She joined the bank in 2021 as director of human resources. Andrea Rodriguez has been promoted to senior vice president. She serves as manager of deposit operations and … Read more