TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On January 31, UMB Financial Corp., the parent company of Kansas City, Missouri-based UMB Bank, announced the closing of its acquisition of Denver, Colorado-based Heartland Financial USA Inc., which operates in Texas as First Bank & Trust, based in Lubbock. Heartland Financial USA operated 19 branches in Texas before the merger. Its Texas-based banks will … Read more
Dallas-based PlainsCapital Bank has promoted commercial lending manager Seth Schulz to Lubbock market president, succeeding David Quintanilla, whose promotion to West Texas region chairman was announced in December and became effective on January 1. In addition, West Texas real estate lending manager Mark Rosenberg has been promoted to executive vice president. “Both [Shulz and Rosenberg] … Read more
On December 12, Dallas-based Vista Bank announced a definitive agreement to sell seven rural locations—Abernathy, Hale Center, Haskell, Idalou, Petersburg, Plainview and Ralls—to Dimmitt-based First United Bank. The transaction is expected to close in the first quarter of 2025. Vista Bank will retain and expand its operational and retail presence in Lubbock. Established in 1912, … Read more
On August 8, Greg Garland, president of Dubuque, Iowa-based Capra Bank, announced the assembly of a local advisory board that includes seasoned bankers, successful businessmen and native West Texans. Last September, Capra Bank opened its first Texas branch in Lubbock. “[The advisory board’s] guidance, expertise and intimate knowledge of the Lubbock community will be integral … Read more
Arp-based American State Bank has appointed Steve Bowen Amarillo region market president. The bank recently established loan/deposit production offices in West Texas and the South Plains. The Amarillo office is located at 801 S. Fillmore, Suite 205. “As a community bank committed to Texas, we’re starting with the right individuals to lead our markets and … Read more
Dimmitt-based Plains Bancorp Inc., the holding company for First United Bank and Spirit Mortgage, has announced the following promotions: Ashley Webb has been promoted to vice president (Plains Bancorp Inc.). She has been with the bank since 2006 and has 18 years of bank industry experience. She serves as the electronic services manager and offices … Read more
BauerFinancial Inc., the nation’s premier bank-rating firm, recently announced that Midland-based FirstCapital Bank of Texas has been awarded Bauer’s 5-Star rating for the 23rd consecutive time. To earn this top rating, the bank must excel under a rigorous, independent analysis of its financial condition. FirstCapital Bank of Texas has done so continuously since June 2016. … Read more
On June 28, the board of directors of Plains Bancorp Inc., the parent company of Dimmitt-based First United Bank, announced that the company has entered into a definitive agreement with Childress Bancshares Inc., the parent company of First Bank and Trust of Childress, whereby First United Bank will acquire First Bank and Trust. Following the … Read more
On February 12, El Paso-based WestStar Bank announced the addition of Giselle Smith-Johnson to its commercial banking group. She will focus on special projects supporting the group. Smith-Johnson brings more than 20 years of commercial banking experience to WestStar Bank. She has been successful in facilitating expansive business growth focused in the area of treasury management. … 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