Poole Named President at FNBT, Broken Arrow, OK; Graham Adds

January 26, 2015 www.bankersdigest.com Volume 146, No. 4 Poole Named President at FNBT, Broken Standridge Named BBT Arrow, OK; Graham Adds CEO to Title President, North Texas Gregory S. Graham, board chairman His father, the late Scott L. Graham, Brant Standridge has taken over as of The First National Bank & Trust had served in that role since 1966. president of the North Texas region for Co. of Broken Arrow, Gregory Graham is also BB&T based in OK, has assumed the chairman of the family- Winston-Sa- added responsibility of owned First National lem, NC. In the chief executive officer, Bank of Coweta, OK. North Texas while Mark A. Poole Poole joined First region BB&T has been elected presi- National Bank of Bro- is the 20th dent of the financial in- ken Arrow as senior ex- largest bank stitution and will con- ecutive vice president by deposits at tinue to serve as chief and chief operating of- $1.18 billion, operating officer. ficer in February 2014. according to Both the CEO and He has more than 25 the Dallas Busi- president positions years of commercial ness Journal. were previously held by banking experience, in- Standridge His first year John L. Herndon who cluding service as presi- will include in- Poole retired in December dent and chief credit of- tegrating the 24 Dallas-area branches 2014. ficer of Summit Bank in Tulsa and as that the bank acquired among a total Graham was elected chairman of president of Stillwater National Bank purchase of 41 Texas branches from the bank in December 2012 and has 16 & Trust Co. and First Fidelity Bank in Citigroup in 2014. years’ bank management experience. Tulsa Q Standridge said when the Citigroup acquisition is coverted in March of this year, BB&T will have 58 locations in Tennyson Joins Arvest as Harrison President metropolitan Dallas and will be 12th Arvest Bank has hired Scott Tennyson and market manager for Regions Bank in market share in Texas. Standridge as the new Harrison, AR, market presi- in Harrison. said BB&T intends to hire bankers in dent. Tom Dame, As a Harrison native, Tennyson has Dallas as well as to bring them in from president of Arvest spent many years being very involved other markets. BB&T wants to be “in North Central Ar- in the community. He is a past presi- the top five in market share in every kansas, made the dent of the Harrison Chamber of Com- area we serve,” he said. announcement. merce, past chairman of the board of A University of Georgia graduate Tennyson has trustees for North Arkansas College, with a degree in finance, Standridge 32 years of banking and past president of the Harrison Ro- has worked with BB&T since 1998, experience across tary Club. serving as regional president in Balti- multiple industry Tennyson graduated from Harding more, Chesapeake, and most recently northern Georgia before moving to Tennyson divisions, includ- University with a bachelor’s degree ing marketing and in business administration. He also Dallas Q mortgage along with retail, private and graduated from the Graduate School of commercial banking. He also has ex- Community Bank Management at The In This Issue... tensive education in the industry. University of Texas as well as America’s Previously, Tennyson served as se- Community Banks Commercial Lend- Federal Reserve Banks’ 2014 nior vice president for private banking ing School and Residential Lending Remittances Up 24% at Bancorpsouth in Springfield, MO. School. He also attended the BAI Grad- Feature...... 3 Prior to that, he was the city president uate School of Retail Banking Q Published weekly on Mondays except fifth Mondays p e o p l e TEXAS Jennings Retires After 27-Year Career at McHard Tapped EVP, IBC Bank in Brownsville and San Antonio Bank of Ozarks Houston IBC Bank Senior Vice President Diana worked in nearly every department. Sam E. McHard has joined Bank of Jennings concluded her career with She began her career as a teller at the Ozarks in Houston as executive retirement at the IBC Bank-Brownsville and quickly advice president. end of 2014. A vanced to head teller. Soon after, she He has more than banking veteran, moved to San Antonio and into an ad- 25 years of com- Jennings served ministrative assistant role for the mar- prehensive real in the industry ket’s president. As the San Antonio estate finance ex- for more than 30 market expanded, she took on a super- perience, includ- years, the last 27 visory role in the lending department. ing commercial with IBC Bank. Her After the departure of a key employ- loan origination, final position was ee, Jennings led and managed IBC’s in- equity placement, Jennings in corporate train- ternational relations group and soon McHard development, and ing. became the department’s supervisor. the management “Diana Jennings has been an invalu- Simultaneously, she was assigned of acquistions for private and institu- able member of the IBC Bank fam- to manage San Antonio’s marketing tional owners. ily,” IBC Bank’s Chairman/CEO Den- department as well as supervise 10 He most recently served over three nis Nixon said. “Her leadership skills stand-alone retail branches. Further, years in the Houston office of Q10 and ability to adapt to new challenges when IBC decided to reestablish a Kinghorn, Driver, Hough & Co. Prior across departments at the bank was presence in local grocery stores, she to that position, he served more than instrumental to its continued growth assisted with that expansion, manag- eight years at Amegy Bank and Amegy and success. We wish her nothing but ing relationships and opening more Mortgage in Houston at the SVP level. the best in this next chapter of her than 60 in-store locations throughout Prior to his Amegy service, he was di- life.” TX. rector of the capital markets unit at During her decades at IBC, Jennings When Jennings joined the IBC fam- Cohen Financial. ily, the Brownsville bank had assets of His background also includes serv- about $35 million and the lead bank in ing on the boards for American Risk NOW AVAILABLE Laredo over $500 million. Today, IBC Insurance Company and for Weslayan Print Online eBook Bank Brownsville reports assets in ex- Bank, N. A., Houston, which was ac- cess of $1 billion and the lead bank in quired by BBVA Compass. He holds Laredo in excess of $10 billion. Both a BA degree in economics from West- banks are subsidiaries of Internation- minster College Q al Bancshares Corporation, a $12.1 billion multi-bank financial holding ® company headquartered in Laredo, Bankers Digest Established 1942 whose stock is publicly-traded on the A Weekly Bank News Magazine NASDAQ Q (USPS 041180) Published weekly on Monday except fifth Mondays at 9516 Bill Browne Lane, Dallas, Texas 75243 Change a name or address for Copyright 2015 Bankers Digest® your Bankers Digest Print or BONNIE JAMISON BLACKMAN, Publisher/Editor R. GILBERT BLACKMAN JR., Managing Editor Online/Digital Subscription P. O. Box 743006 [email protected] Dallas, Texas 75374-3006 Phone 214/221-4544 Fax 214/221-4546 Fax 214/221-4546 E-mail: [email protected] website: www.bankersdigest.com In This Issue... One year subscription rate: For the online version, go to Print $39.00, Online $26.00; Both $50.00. Single copy $1.00 Federal Reserve Banks’ 2014 www.texasredbookonline.com Opinions expressed by writers of bylined Remittances Up 24% articles are not necessarily those of Bankers Digest. We make no representations or war- Online subscriptions less than Feature...... 3 ranties for information, products, or services contained in any advertisement in this maga- $10 per month! zine or on our website. Editorial guidelines Charter Activity...... 9 may be obtained upon request. Articles and To order your print version call photos may be submitted to above address. First NBC Buys Failed FL Bank..9 Periodical postage paid at Dallas, Texas 800-336-1120 ext. 7053, or visit POSTMASTER: Send address changes to www.texasredbook.com Bankers Digest®, P.O. Box 743006, Dallas, Classified...... 10 Texas 75374--3006

Page 2 BANKERS DIGEST January 26, 2015 F E A T U R E Federal Reserve tiring currency; $590 million for Board capital paid-in. of Governors expenditures; and $563 The following list shows the amount Federal Reserve Banks’ 2014 million to fund the operations of the of Federal Reserve Banks’ residual Remittances to Consumer Financial Protection Bu- earnings distributed to the U.S. Trea- U.S. Treasury up 24% reau (CFPB). The Reserve Banks re- sury from 2009 through 2013: www.federalreserve.gov corded foreign currency translation losses of $2.9 billion that result from • 2013: $79.6 billion The Fed- the daily revaluation of foreign cur- • 2012: $88.4 billion BD eral Reserve rency denominated asset holdings at • 2011: $75.4 billion Banks had a current exchange rates. • 2010: $79.3 billion good earn- In 2014, statutory dividends totaled • 2009: $47.3 billion ings year in $1.7 billion and $1.1 billion of net in- FEATURE 2014, accord- come was used to equate surplus to (continued on Page 7) ing to a news release dated January 9. The Banks remitted to the U.S. Treasury $98.7 billion (estimated), up 24% from 2013. Final numbers will be available in the audited Federal Reserve Banks’ Com- bined Statement of Condition for 2014. The preliminary unaudited results indicate that the Reserve Banks provided for payments of approximately $98.7 billion of their estimated 2014 net income to the U.S. Treasury. Un- der the Board’s policy, the residual earnings of each Federal Reserve Bank are distributed to the U.S. Treasury, after providing for the costs of operations, payment of dividends, and the amount necessary to equate surplus with capital paid-in. The Federal Reserve Banks’ 2014 estimated net income of $101.5 billion was derived primarily from $115.9 billion in interest income on securities acquired through open market operations (U.S. Treasury securities, federal agency and government-sponsored en- terprise (GSE) mortgage-backed securities (MBS), and GSE debt securities). The Reserve Banks had interest ex- pense of $6.9 billion associated with reserve balances and term deposits held by depository institutions. Additional earnings (non-interest income) were derived from income from services of $435 million and net income of $101 million attributable to the consolidated limited liability companies that were created in response to the recent financial crisis. Operating expenses of the Reserve Banks, net of amounts reimbursed by the U.S. Treasury and other entities for services the Reserve Banks provided as fiscal agents, totaled $3.6 billion in 2014. In addition, the Reserve Banks were assessed $711 million for costs related to producing, issuing, and re-

January 26, 2015 BANKERS DIGEST Page 3 p e o p l e TEXAS Clark Joins Citizens Kilgore Bert Fields Jr., North Dallas Westbrook Joins First United As VP, Commercial Lending Bank & Trust Director, Dies Seagraves as SVP/Manager Alan Clark has joined Citizens Bank, Bert Fields Jr., a director of North Dal- Veteran ag banker SJ Westbrook re- Kilgore, as vice president of commer- las Bank & Trust Co., Dallas, died on cently joined First United Bank’s Sea- cial lending. Clark January 10 at the age of 75. His family graves banking center as senior vice has over 12 years is the primary owner of the North Dal- president and manager of the location of banking experi- las Bank & Trust Co., a $1.275 billion- at 106 Main St. He follows Gary Parker ence and will be asset bank that celebrated its 50th an- in the position. responsible for niversary in 2011. North Dallas Bank Westbrook previously served at First building and over- & Trust Co. is one of the largest and National Bank of Aspermont, depart- seeing customer oldest privately-owned banks in TX. ing as president. He joined the Asper- relationships, pri- Fields, according to his obituary in mont bank in the late 1990’s and rose marily in the area The Dallas Morning News, was “the quint- through the ranks to become presi- Clark of owner-operated essential Texas oilman, banker and dent in 2010. He told Bankers Digest that commercial busi- rancher.” He was born in Dallas on Sep- Ralph Riddell III has been named nesses. He most tember 23, 1939, and was thrust into president of First National Bank. recently served as vice president of the family business when his father, Westbrook said his new position at lending at the First State Bank of Rice, Bert Sr., died when Bert Jr. was just 23. the Seagraves banking center of the Ennis location. Fields was elected to the board for Dimmitt-based First United Bank al- “Alan brings with him not only a North Dallas Bank in 1962. His father was lows him to continue as an ag banker strong foundation of banking experi- a founding director of the bank when it and to be closer to family in Lubbock. ence and building customer relation- opened in March 1961 at its original lo- Seagraves is about 60 miles SW of ships, but he shares our commitment cation at 11811 Preston Rd., Preston Rd. Lubbock in the South Plains Q to excellence for the benefit of our at Forest Ln. According to North Dallas community and our customers,” Sam- Bank Chairman/CEO Mike Shipman, WestStar in El Paso Elects my York, president/CEO said. Fields still maintained his office at the Johnson & Escudero to Board A Kilgore native, he earned BS Preston Rd. location. and MIS degrees from Arkansas State His obituary said his wife, Sandy WestStar Bank, El Paso, board of di- University. He has been vice president Fields, and his sister, Jeanne Shelby, rectors has announced the appoint- of the Ennis School Board, a director preceded him in death. Shelby was ments of Carol Johnson as a new di- of the Ennis Chamber of Commerce, a the mother of LegacyTexas Bank, Pla- rector and Edward Escudero as vice member of the City Ennis Airport Board, no, Chairman Pat Shelby and grand- chairman. president of the Ennis Lions Club and a mother of LegacyTexas Bank EVP Aar- Johnson is a retired local business owner. She previously served as a di- graduate of Leadership Ennis on Shelby Q Q rector of WestStar Bank from 1995 to 1999. She is active in the community, currently serving on the boards for Lee Do You Own Your ATMs Outsource ATM handles all the and Beulah Moor Children’s Home, or Do They Own You? work, while you reap the benefits. the War Eagles Air Museum, El Paso The smart way to get the most Pro Musica Foundation, and the Ru- out of your ATM network. bin Center Director’s Circle. She holds a bachelor’s degree from The Universi- ty of Texas at Austin and a MA degree in Interdisciplinary studies from The University of Texas at El Paso. Escudero, a CPA, is president/CEO of High Desert Capital LLC, a finance company specializing in providing various types of capital alternatives to small-to-mid-size companies. He cur- Bottom-line Value in Own the Benefits, rently serves on the boards for El Paso Not the Hardware. ATM Outsourcing. Electric Company, Medical Center www.outsourceatm.com of the Americas Foundation, El Paso Contact us today, 281.304.2204 Community Foundation Investment [email protected] Committee, and El Paso Hispanic Chamber of Commerce. He earned a BBA degree in accounting from The University of Texas at El Paso Q Page 4 BANKERS DIGEST January 26, 2015 p e o p l e LOUISIANA ARKANSAS Melancon Named Manager, Central Arkansas Chapter of RMA Announces Citizens National, Mansfield 2015 Officers and Board of Directors Woody Schick, president/CEO of Citi- The Central Arkansas Chapter of the • Gary Edwards - BKD LLP zens National Bank, N. A., Bossier City, Risk Management Association has an- • Robert Fiser - Arvest Bank has announced nounced its 2015 officers and board of • Marcus Guinn - Arvest Bank that Larry Mel- directors. • Gates Nieman - Regions Bank ancon has joined “Our chapter continues to grow and • Phillip Partain - Simmons Bank as the new branch serve the Natural State,” Chapter Pres- • Amy Pierce - DD&F Consulting manager at the ident David Marks stated. “We recently • Robert Smith - Friday, Eldridge & 9237 Mansfield expanded our board in order to meet Clark LLP Rd. location. the needs of our members. 2014 saw • Matthew Snyder - Regions Bank Melancon is a the largest number of event attendees • David Straessle - Relyance Bank veteran banker in our history. Our program and guest Melancon with over 35 years speaker line-up for 2015 promises to RMA was founded in 1914 to as- of banking expe- be even better. We now have the op- sist commercial bankers in making rience in the Shreveport and Bossier portunity to serve Northwest Arkansas better lending decisions through the area. Prior to joining Citizens Nation- in addition to Central Arkansas.” exchange of credit information. To- al Bank, he served at Pioneer Bank & day, RMA is the only association that Trust, Hibernia National Bank, and Chapter Officers specializes in promoting effective and most recently at Capital One. He grad- • David Marks, president - Arvest prudent risk management practices uated from Louisiana Tech University Bank for institutions of all sizes, across the with a degree in business manage- • Ryan Carrus, vice president - Carrus entire financial services industry. ment and from the Graduate School Financial Management Headquartered in Philadelphia, PA, of Banking at LSU. • Colbey Frisbee, secretary - Centen- RMA is a not-for-profit, member-driven He has made his home in the nial Bank professional association, which has ap- Shreveport/Bossier area for 42 years. • Christine Miller, treasurer - Heart- proximately 2,500 institutional mem- He has been active in the commu- land Bank bers that include banks of all sizes as nity, serving most recently as a board • Karen Davidson, past president - well as nonbank financial institutions. member and president of the Better Commercial National Bank They are represented in the association Business Bureau and president of by 16,000 risk management profession- Downtown Shreveport Unlimited Q Chapter Board Members als who are chapter members in finan- • Jackson Balentine - Regions Bank cial centers throughout North America, ARKANSAS • David Coleman - Simmons Bank Europe, and Asia/PacificQ Jones Hired as Vice Pres of Lending, Parkway in Rogers Lloyd T. Jones Jr. has been hired as vice president of lending at Parkway Bank in Rogers. Jones has 28 years of banking experience primarily in NW AR. He served in lending and management positions at Bank of Siloam Springs, Metro- politan National Bank, First Security Bank, and Arkansas National Bank. He began his banking career at Worthen Bank in Russellville. He is a graduate of Arkansas Tech University Q

Rising Star or New Hire at Your Bank? Send Us Your Bank News [email protected] Fax 214/221-4546

January 26, 2015 BANKERS DIGEST Page 5 P E O P L E OKLAHOMA Suddath Upped to SVP/Trust Officer, BancFirst Mosteller SVP/Lending, James Dickson, president of BancFirst with BancFirst Trust and Investment American in Muskogee Trust and Investment Management, Management as American Bank of Oklahoma City, announced the pro- manager of trust Oklahoma, Collins- motion of Deena Suddath to senior operations before ville, announced vice president and trust officer. moving to a posi- that Gabe Mo- Suddath joined BancFirst Trust and tion in Corporate steller has been Investment Management in 1998. She Trust in 2003. She promoted to se- has over 30 years of experience in the oversees a variety nior vice president financial industry, with 16 years in of bond issues/ of lending in Musk- the trust sector. She began her career trusteeships, in- ogee. cluding electrical Mosteller A longtime resi- Saddath and water sys- dent of Ft. Gib- tems, correctional son, Mosteller has served in banking facilities, higher education, and capi- over 10 years and joined American tal improvements. Bank of Oklahoma in 2013. He previ- LENDING AND CREDIT She is a graduate of the Cannon ously served as a lender with another MANAGEMENT SOFTWARE Financial Institute Corporate Trust School, and she holds the designation local bank. of Certified Corporate Trust Specialist “Gabe hit the ground running and (CCTS). hasn’t slowed down since,” said David With over $4 billion in assets under Jones, president of the Muskogee Di- management, BancFirst Trust and In- vision and chief lending officer for the vestment Management provides state- bank. wide services for individuals, families, Mosteller’s focus will remain on corporations, and governmental en- commercial, agricultural, and con- tities from offices in Oklahoma City, sumer lending. Tulsa, Ardmore, and Duncan American Bank of Oklahoma is a Q community bank which opened in CrossFirst in Oklahoma City 1998. The bank serves customers at Hires Ott as Business Banker two locations in Muskogee, as well as locations in Collinsville, Ramona, and Terry Ott recently joined CrossFirst Skiatook Bank in Oklahoma City as a business Q banker at the 5001 Gaillardia Corpo- western Bank, Oklahoma City. Ott YOUR BANK, YOUR FORMS, YOUR WAY rate Pl. office. began his career with a 10-year stint Ott has 25 years of finance and com- at American General Finance after col- “It’s the first thing I look at in the mercial bank lending experience. He lege graduation. He holds a BBA de- morning. ” – Tony, CLO most recently served as SVP and com- gree from the University of Oklahoma. mercial lender at Frontier State Bank The bank also announced that Cin- dy Mooring has joined as a business CREDIT MEMO in Oklahoma City. Earlier, he served with Union Bank, N. A., and South- loan assistant Q • Import Your Forms. • Ask Your Questions. Professional Loan Review Specialists • Data From Your Core. • Use Your Processes. Are you completely satisfied with your current Loan Review Company? Call Us to Demo Your Teslar. Let us prepare your loan portfolio for your next Examination!

Competitive Pricing

Call Mike @ 817.908.8101 or e-mail [email protected] Let’s plan now for your next Loan Review!

Page 6 BANKERS DIGEST January 26, 2015 P E O P L E N E W S W A T C H ARIZONA TEXAS Ingersoll Named Manager, Bank Texas, N. A., Quitman, Changes Name to BTH Bank, N. A. National Bank of AZ Mesa The board of directors for Bank Texas, As of September 30, 2014, BTH Bank Chris Ingersoll recently joined Na- N. A., Quitman, has announced the reported total assets of $593 million tional Bank of Arizona in Mesa as bank has changed its corporate title and total deposits of $522 million. The branch manager of the 1119 W. South- to BTH Bank, N. A., effective January 5. bank has 10 offices in Wood, Gregg, The name change does not represent ern Ave. location. Smith, and Dallas counties. The bank a sale or merger or a change in man- Ingersoll is a 13-year banker who has a single office in Dallas County at specializes in financial center management for the bank. BTH Bank was established in 1914 7702 N. Central Expy. in Dallas and agement. After college graduation, as The First National Bank of Quit- has an application pending regula- he joined Washington Mutual Bank man. In 2005, the bank adopted the tory approval to establish an office in as a trainee and served six years in name Bank Texas, N. A. Plano in Collin County retail branch management in OR. Af- Q ter WAMU was acquired by JPMorgan Chase, he served four years as a financial center manager in OR and AZ. Most recently, he served three years as a banking center manager for Com- erica Bank in Chandler. He holds a BA degree in economics from the University of Washington Q FEATURE (continued from Page 3) The earnings distributed beginning in 2010 reflect the build up of the Fed- eral Reserve Banks’ balance sheets under Quantitative Easing monetary policy. A spreadsheet containing the Federal Reserve Banks’ balance sheets is available at the following URL: www. federalreserve.gov/monetarypolicy/files/BST- combinedfinstmt2013.pdf. How did the Federal Reserve Banks 2014 performance compare to the total banking industry for 2014, one might wonder? Looking at the most recent numbers, the September 30, 2014, year-to- date earnings from the FDIC’s Quar- terly Banking Profile, www2.fdic.gov/( qbp/index.asp) through the third quarter, the industry reported net earnings of $116.1 billion and total industry assets of $15,349 million. On an annual- ized basis, the industry is expected to report earnings of $154.9 billion for an ROAA of about 1.0%. Now, the Federal Reserve Banks’ December 31, 2014, audited combined statement of condition is not yet available. So using the December 31, 2013, total assets of $4,024 billion from the audit, the 2014 estimated $101.5 billion net income yields an ROAA of about 2.5%, (using the December 31, 2013, total assets). The Federal Reserve had very good earnings year in 2014! Q January 26, 2015 BANKERS DIGEST Page 7 N E W S W A T C H LOUISIANA ARKANSAS Community Bank Officially Opens New Stonewall Office Farmers B&T, Magnolia, and Community Bank of Louisiana, Man- Kyle Kennington and Assistant Branch 1st Bank of Texarkana Merge sfield, announced the official open Manager Lindsey Fletcher. Dorroh Farmers Bank & Trust Company of house and grand opening of its new said, “I know Kyle and Lindsey will work Magnolia announced on January 16 office in Stonewall took place on Sun- very hard to bring our community style that approval has been granted from day, Decem- of banking to the Arkansas State Banking Depart- ber 28, 2014. the Stonewall ment for the merger of 1st Bank, N. A., President/ area.” of Texarkana, TX, into Farmers Bank & CEO William Community Trust. The merger took effect imme- E. Dorroh Bank of Loui- diately, and customers can expect to welcomed siana is a $370 see signage and other rebranding to customers, million-asset the Farmers Bank &Trust brand begin friends, and community soon. The banks’ systems are expect- the public to bank located in ed to be converted in March. view the new, DeSoto, Cad- “Farmers Bank & Trust is happy to two-story do, and Boss- welcome the customers and staff of structure lo- ier parishes. 1st Bank,” stated Bob L. Burns, chair- cated at 1067 The bank has man/CEO of Farmers Bank & Trust. Hwy. 171. In 10 banking lo- “This presents a great opportunity for making the cations across expanded service and convenience for announce- the three par- our customers in Arkansas and Texas. ment Dor- ishes: four in We plan to continue to provide great roh stated, President/CEO William Dorroh looks on as ribbon is cut Desoto Par- customer service and will remain “We are re- for Community Bank of Louisiana’s new Stonewall location. ish-Gloster, committed to all of our communities.” ally pleased Logansport, Farmers Bank & Trust is a 109- to offer this great new facility to our Mansfield, and now Stonewall; four in year-old community bank owned by friends and customers in the Stone- Caddo Parish-Shreveport; and two in the privately-held holding company, wall area. This office has been in the Bossier City in Bossier Parish. Magnolia Banking Corporation, head- planning stage for over two years and The bank was founded in 1901 as quartered in Magnolia. Magnolia the grand opening is the culmination The Bank of Logansport. In 1997, the Banking Corp. acquired 1st Bank, N. of our efforts.” bank moved its headquarters to Man- A, in 2014 in a $31.8 million deal. Dorroh announced that the Stonewall sfield and changed its name to Com- The Texarkana bank was formerly office is managed by long-time banker munity Bank of Louisiana Q known as First National Bank and was a subsidiary of First National Banc- shares of Hempstead County Inc., Hope. The bank previously reported $331 million in total assets. 1st Bank had full-service locations in Hope, Blevins (Hempstead Coun- ty), Lewisville (Lafayette County), and Texarkana (Miller County) in AR; and in Texarkana and New Boston in TX. With the merger, Farmers Bank & Trust now has 24 branch locations in AR and TX, and approximately $1.2 billion in assets. Chris Gosnell serves as regional president of Farmers Bank & Trust Q Subscribe to Bankers Digest Print Edition: $39/yr

YOUR CORRESPONDENT BANK Digital/Online Edition: $26/yr

EQUAL HOUSING OPPORTUNIT Y • MEMBER FDIC • MEMBER FEDER AL RESERVE SYSTEM Both: $50/yr w w w . t h e b a n k e r s b a n k . c o m • 8 0 0 - 5 2 2 - 9 2 2 0 www.bankersdigest.com

Page 8 BANKERS DIGEST January 26, 2015 N E W S W A T C H R E G U L A T O R S United Bank and Trust Company, Du- OKLAHOMA C h a r t e r rant. It has received an application by MidFirst Bank Completes First United Bank and Trust Company Colorado Bank Acquisition for a branch location at 3245 W. Main St., Purcell. MidFirst Bank, Oklahoma City, an- a c t i v i t y Texas nounced on January 7 the completion MERGERS AND ACQUISITIONS of its acquisition of Denver, CO-based Oklahoma The TEXAS DEPARTMENT OF Steele Street Bank & Trust, according BRANCHES BANKING has announced an applica- to a news release. The FEDERAL RESERVE BANK tion by Pittsburg Bank, Pittsburg, to Bob Malone, Steele Street’s chair- OF KANSAS CITY has received an ap- merge with State National Bank of Tex- man/CEO, and Brian Wilkinson, plication by Bank SNB, Stillwater, for a as, Iowa Park, was effective January 8 Steele Street’s president, will lead the branch at 601 N.W. Loop 410, Ste. 230, Q CO market for MidFirst Bank. Malone San Antonio, TX. will serve as CO market chairman and The FRB OF KANSAS CITY has re- BANK FAILURES Wilkinson as CO market president. ceived an application by Citizens Se- FL Bank Fails; First in 2015 All of the members of Steele Street’s curity Bank and Trust Company, Bixby, board of directors will serve as advi- On January 16, the nation experienced for a branch at 14001 McAuley Blvd., the first bank failure in 2015 when the sory directors for MidFirst. Oklahoma City. Steele Street, established in 2003, Office of the Comptroller of the Cur- MERGERS AND ACQUISITIONS rency closed First National Bank of reported as of December 31, 2014, as- The FRB OF KANSAS CITY has re- sets totaling $572 million, deposits of Crestview, Crestview, FL, and appoint- ceived an application by Erick Banc- ed the FDIC receiver. The FDIC entered $512 million, and wealth management shares Inc., Erick, to acquire 100% of relationships of more than $1 bil- into a P&A agreement with First NBC the voting shares of First State Bank, lion. Steele Street was CO’s only bank Bank, New Orleans, LA, to assume all Porter. named to the prestigious list of SNL of the deposits and to purchase ap- The FRB OF KANSAS CITY has re- Financial’s Top 100 Best Performing proximately $62.0 million of the failed ceived an application by First Ameri- Community Banks in 2014. bank’s assets. The FDIC will retain the can Bank of Erick ESOP/401(k) Plan, MidFirst’s primary retail and com- remaining assets for later disposition. Erick, to become a bank holding commercial markets include Oklahoma As of September 30, 2014, First Na- pany through the acquisition of up to City, western OK, Tulsa, Phoenix, AZ, tional Bank of Crestview had approxi- 36% of Erick Bancshares Inc., parent and now Denver. In addition, MidFirst mately $79.7 million in total assets, of First American Bank, both in Erick. is a national commercial real estate $78.6 million in total deposits, and The lender and one of the largest servicers OKLAHOMA STATE BANK three branches, which were to reopen of FHA and VA mortgage loans nationally DEPARTMENT has received an appli- as branches of First NBC Bank on Q cation for the merger of First Ameri- Tuesday, January 20. The failure is the Citizens Security Bank can Bank, Purcell, with and into First first in FL since June 20, 2014Q Plans to Change Name Citizens Security Bank & Trust Com- pany, Bixby, a subsidiary of Mabrey BANK DESIGN SPECIALIST Bancorporation Inc., Okmulgee, an- Endorsed Provider nounced in December 2014 plans to change its name to Mabrey Bank in the first quarter of 2015, pending regulatory approval. According to bank officials, only the name is changing – the bank is not ac- quiring or merging with another bank. The Mabrey family, who live in the Tul- sa and Okmulgee areas, will continue to own, manage, and be involved in the bank’s daily operations, according to an article in The Journal Record. Bank President/CEO Carlisle Mabrey III said one reason for the change is that there are several banks in the Tulsa market with names simi- lar to the Citizens Security Bank name. He said “now was a good time to move forward with a new name.” Q January 26, 2015 BANKERS DIGEST Page 9 C L A S S I F I E D a n k e r s i g e s t ternal audit function? Our firm can Ground floor opportunity. Typi- B D help!! We provide administrative cal loans $1-5 MM (C&I, O-O, CRE. HOW TO CONTACT US guidance or training to your person- Kevin Maynes, Babich & Associates, Email [email protected] nel or will handle all your internal [email protected] 214-515-7606. Fax: 214/221-4546. Phone: 214/221-4544. audit needs. Oversight, operational, P.O. Box 743006, Dallas, Texas 75374--3006 IT, regulatory compliance, FDICIA Chief Risk Officer needed for a bank in Hidalgo County, TX. Must To place an ad, email it to and SOX; we can assist your company in all facets of internal audit- have over 10 years experience. Sal- [email protected] ary $180k+ DOE. Call Elizabeth at We will contact you for details. ing. Call Bryan Kendrick to discuss at 210/413-4134 or e-mail bryan@ 214-515-7609 or send resume to Advertising rates are for the first 30 [email protected] $45.00 kendrickservices.com. words; $10.00 for each additional 10 words per insertion. Ads which use a Bankers Di- Community Lender: Bank in POSITION WANTED gest box number for forwarding responses Eastern New Mexico community has will be charged $5.00 additional per insertion for postage and handling. Ads run on management succession opportunity Experienced CHIEF OPERATIONS and less-hectic lifestyle. Institution Bankers Digest website for the duration of OFFICER seeking a new opportunity the advertising agreement at no additional prefers banker from the NM region charge. Only Principals will be assigned in the North Texas area due to an or West TX. Mark Mitchell, 972-335- box numbers. Responses to Bankers Digest acquisition. Excellent references 9009, www.lonestarsearch.net. boxes are forwarded twice weekly. Advertis- available upon request. Please re- ing deadline is Monday noon for following ply to [email protected] Monday’s publication. Bankers Digest makes $400M independent community no representations or warranties for infor- bank in East Texas has an opening mation, products, or services contained in POSITIONS AVAILABLE for a COMPLIANCE OFFICER. Must any advertisement herein or on our website. have compliance experience. Send EAST TEXAS LENDER for finan- resume in confidence to bankersdi- SERVICES cially strong community bank. Great gest@ bankersdigest.com, subject growth opportunity for the right line Box D-5. INTERNAL AUDIT OUTSOURCING: person. Send resume to Sharon@ Time to improve or develop your in- babich.com or call 972-802-7638 Community National Bank & Trust or 469-223-9885 for additional in- of Texas, Corsicana, is seeking a formation. TRUST OFFICER for its $225 million department due to a pending retire- San Antonio– Lower Middle- ment. Duties include administering Market / Small Business Com- a variety of accounts; investment ex- mercial Lender… Voted one of perience preferred. Minimum of 5 the top companies to work for! Out- years experience. Interested appli- Your Source For Banking standing benefits and retirement cant should contact Misty Louthan, Human Resources Assistance plans. Entrepreneurial, fast paced. [email protected]

WhitneySmith provides a variety of management consulting services, including:

RecRuitment Wage & SalaRy adminiStRation incentive compenSation BonuS planS RegulatoRy compliance policieS and pRoceduReS employee HandBookS affiRmative action planS employee RelationS advice & counSel BenefitS analySiS unemployment claimS aSSiStance WoRkeRS’ compenSation aSSiStance pRoductS & poSteRS litigation SuppoRt tRaining For more information on all our services, please call our office or visit our website at: www.whitneysmithco.com 301 Commerce Street, Suite 1950 Fort Worth, Texas 76102 817.877.0014 817.877.3846 Fax

Page 10 BANKERS DIGEST January 26, 2015 C L A S S I F I E D Commercial lender for bank TRUST ADMINISTRATOR needed terested applicant should contact in Childress, TX. Individual for financially strong independent us through Ralph.Yzaguirre@LSCB. would ideally have several years of community bank in East Texas. Min- com - 210/496-6116. lending experience, but recent col- imum of five years of trust experi- lege graduate would be considered. ence required. Competitive salary EQUIPMENT This individual would be branch and excellent benefits. Please email manager and responsible for sev- resume to bankersdigest@bankers- FOR SALE OR LEASE: MODULAR digest.com, subject line Box D-2. BANK BUILDINGS. Immediate- eral employees and loan portfolio. ly available, 14’ x 66’ or 24’ x 66’, Also would be expected to gener- COMMERCIAL LENDER, Addison/ equipped with bank equipment in- ate deposit and loan business and Dallas, Texas: Family-owned com- cluding drive-thru. Nancy Noonan, be actively involved in community. munity bank is seeking an experi- Sanger, TX, 940-391-1385, www. Bank offering nice compensation enced commercial lender for our NorthAmericanBuildings.com. and benefit package. Please send growing North Texas Market. We resume to National Bank of Com- offer company training, competitive BANKING EQUIPMENT NEW AND merce, P.O. Box 2750, Pampa, TX salary, opportunity for growth, and USED: x2 units, fireproof files-notes, le- 79066 or call 806-665-0022. excellent benefit packages. Contact gal and letter, Money safes. FLAIR SYS- Leslie Demma, Human Resources TEMS, 800/468-1246, 214/340-3580. West Texas Community Bank has an Director, at ldemma@theabcbank. opening for a Branch President. com and learn more about our com- The applicant must have 5 years pany at www.theabcbank.com. of lending experience. Must have Your ad strong communication skills and be COMMERCIAL LOAN OFFICER IN can appear here! DRIPPING SPRINGS, TEXAS: Lone committed to community involve- Star Capital Bank, N. A., with as- ment. The position will be responsi- $45 for 30 words. sets of $240 million is seeking a ble for managing the location, staff, commercial loan officer for its loca- Simply email your ad to and originating and servicing loans. tion in Dripping Springs. Candidate [email protected] Please submit resume to bankers- should have at least three years of [email protected], subject experience and be knowledgeable line Box D-1. in real estate and C&I lending. In- Banking Operations Consultant John M. Floyd & Associates has been providing consulting solutions to financial institutions for over 35 years. Our staff provides high level, outstanding consulting solutions to our many financial institution clients in the form of process improvement, re-engineering, overdraft protection, and many other profitability enhancements. Our clients, the marketplace, and competitors all know: “These guys are the best”. We have over 2,000 clients in all 50 states.

* Must have experience in banking in one of the following areas: process improvement; deposit operations; profitability analysis; re-engineering; IT; ATM; compliance; audit; or fee income analysis.

* This is a “road warrior” position. Candidates must be willing to travel 3 weeks out of 4 following an extensive training period. Candi- dates can live in any city in the US and basically work from home.

Interested candidates should send their resume in Word format to [email protected]

January 26, 2015 BANKERS DIGEST Page 11 Bankers Digest PERIODICAL P.O. Box 743006 Dallas, Texas 75374-3006 (USPS 041180) ADDRESS CHANGE - When writing to us about your subscription, enclose the address label from your copy of Bankers Digest. You can also change your address or other information at www.bankersdigest.com under subscriptions.

81,600 Pennies (500 Pounds) Surprise Prosperity Bankers in Slaton, TX There’s a saying that a penny saved is sion began after his father encouraged bank. a penny earned. him to save his money when he was Kari Lewis, a personal banker at That was certainly true for one Texas a young man. He told KCBD-TV: “[My Prosperity Bank, told KCBD, “You see man who saved his pennies over the dad] said, ‘Whatever you do, son, save them on the ground, and you’re kind last 65 years and had a collection of your money.’ Back when I started in of like, Oh, I’m not picking that up, but 81,600 pennies worth $816. ‘52, I didn’t have a lot of money, so I for him to collect them for years and Ira Keys, 81, had been saving his saved pennies, and I just kept saving years was pretty amazing.” pennies for nearly seven decades and them.” He said his father would be an- Keys plans to continue to save finally decided to cash them in at noyed that he had cashed in his stash. and admitted he still has a stash of Prosperity Bank in Slaton, Texas. He joked, “He’d say, ‘I told you to pennies left at home which he kept Bank staff at Prosperity Bank took save...not to cash them in.’” and did not cash in, and he already more than an hour to count the pen- The collection weighed a whopping has a plan for what he’s going to do nies, which were piled high in coffee 500 pounds, and Keys joked that he with them. “I’m going to build a room containers. “nearly broke the springs on my pick- divider and have pennies all in it,” he Keys said his penny-saving obses- up truck” when he hauled them to the said, “the shiny ones.” Q

Page 12 BANKERS DIGEST January 26, 2015