TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Perryton-based Interstate Bank announced that Aida Adams has been promoted to senior vice president/commercial lending and loan administration, and Blair Berg has been promoted to senior vice president/chief financial officer. “Aida has continued to perform at a high level since joining the bank four-and-a-half years ago,” says Danny Skarda, chairman and CEO. “She has generated and … Read more
A tornado tore through the Texas Panhandle town of Perryton last Thursday evening, June 15, killing three people, injuring dozens more and causing widespread damage. Perryton’s banks—including FirstBank Southwest, First National Bank, Perryton National Bank and Interstate Bank—were affected to varying degrees. While First National Bank was able to remain open the day after the … Read more
On January 19, The State National Bank of Groom and its parent holding company, Groom Bancshares Inc., announced an acquisition agreement with 5th Generation Holdings Inc., a community-bank-focused entity formed for purposes of the transaction. As a result of the acquisition, 5th Generation Holdings will become a bank holding company for The State National Bank … Read more
On September 15, Conway, Arkansas-based Home BancShares Inc. (HOMB), the parent company of Centennial Bank, and Amarillo-based Happy Bancshares Inc., the parent company of Happy State Bank, jointly announced that they have entered into a definitive merger agreement pursuant to which Home BancShares will acquire Happy Bancshares in an all-stock merger, with Home BancShares as … Read more
Amarillo-based FirstBank Southwest recently announced the start of construction for its new bank at 300 W. Kingsmill in Pampa. The 8,000-square-feet facility will include a full-service bank, six drive-through lanes, a 24-hour drive-up ATM and night-deposit drop. The bank plans to open in the spring of 2022. This April, FirstBank Southwest is temporarily relocating its drive-through, … Read more
In February, Texhoma, Oklahoma-based Anchor D Bank announced the appointment of Michael L. Schnell, executive vice president/market president, to its board of directors. He has spent the majority of his career in the Texas Panhandle. After many years serving as chairman and CEO of another local bank, he joined Anchor D Bank in 2020, opening its … Read more
Perryton-based Interstate Bank recently announced that Shelly McCutchen has been promoted to executive vice president/head of operations and board secretary. She joined the bank 24 years ago and has worked in various positions. “Shelly’s a total team player, always willing and able to go above the call of duty and has earned the respect of … Read more