Bankers Digest® Ing Company Formed in 1983

December 3, 2012 www.bankersdigest.com Volume 141, No. 21 Rollins Succeeds Patterson as CEO of Moxley Named CEO, BancorpSouth Inc., Tupelo, Mississippi Texas Regional Bank James D. “Dan” Rollins III has been Earlier in 2012, Patterson announced Texas Regional Bank, Harlingen, re- named CEO of BancorpSouth Inc., a his plans to retire as CEO. He will con- cently appointed McAllen, TX, native financial holding tinue with the company as chairman of Paul S. Moxley company head- the board. During his 40-plus year ten- CEO and a mem- quartered in Tu- ure with the company, he has served ber of the board pelo, MS. as chairman/CEO since 1991, on the of directors. He Rollins succeed- board since 1983, as president/CEO assumed the posi- ed Aubrey B. Pat- from 1990-1991, and president/COO tion from interim terson, Bancorp- from 1983 to 1990. During his career, he CEO Michael F. South’s former has held numerous positions of profes- Scaief, who re- CEO, on Novem- sional leadership, including chairman mains as chairman. ber 27 and joined of the American Bankers Association Moxley has had Rollins Moxley the company’s and president of the Mississippi Bank- a distinguished board of directors. ers Association, among others. banking career in The 53-year-old Rollins has served BancorpSouth Inc. has $13.2 bil- the Rio Grande Valley since 1970, as president and COO at Prosper- lion in assets. BancorpSouth Bank, when he joined McAllen State Bank. ity Bancshares Inc., headquartered a wholly-owned subsidiary, operates In 1986, he joined Texas State Bank, in Houston, TX, since April 2006. He 293 commercial banking, mortgage, McAllen, where he served as president served as senior vice president of insurance, trust, and broker/dealer lo- and director, and EVP of the holding Prosperity Bancshares from 2001 until cations in AL, AR, FL, LA, MS, MO, TN, company, Texas Regional Bancshares. 2006 and became president of Pros- and TX, including an insurance loca- In 2006, Texas Regional sold to BBVA. perity Bank in 2005. tion in IL Q He continued with BBVA as president and regional manager for South TX Anderson Appointed Executive Vice President, and regional manager of commercial F&M Bank, Oklahoma City, Oklahoma business, until his retirement in 2011. He has a long history of civic and F&M Bank, Oklahoma City, has an- degree in finance. He is a 2008 honors community involvement in McAllen nounced the appointment of Eric graduate of the Graduate School of and South TX. He has also served as Anderson as executive vice president Banking at Colorado in Boulder, CO. chairman of the Texas Bankers Asso- of the Piedmont An active member of his commu- ciation market, according nity, Anderson is an ex-officio board Q to Barry Anderson, member of the Piedmont Chamber of Please route this issue: chief operations Commerce, chairperson of the Pied- officer. mont Independence Day celebration, Anderson joined and was instrumental in bringing the the bank at 16 Dignity Memorial Vietnam Wall to In This Issue... years of age as a Piedmont in 2009. He is a member of teller. He most re- the board of directors for the United Basel III Delayed: US Community cently served a the Way of Canadian County and is cur- Banks Should Seize the Initiative senior vice presi- Anderson rently president-elect. dent of the F&M F&M Bank, founded in 1902 as Farm- Feature...... 3 branch in Piedmont, part of the Okla- ers and Merchants Bank, has grown to homa City metro area. eight locations in Oklahoma City, Ed- Charter Activity...... 8 Anderson is a 1999 graduate of the mond, Guthrie, Piedmont, Crescent, and Classified...... 9 University of Oklahoma with a BBA Kingfisher, and assets over $275 MMQ

Published weekly on Mondays except fifth Mondays p e o p l e TEXAS Commerce Bank Laredo CEO Prosperity Bank Realigns Dallas Career Banker Hector Urravazo Recognized by FDIC Management Responsibilities R. Pena Dies at Age 59 Ignacio Urrabazo Jr., president/CEO David Zalman, senior chairman/CEO Hector R. Pena, 59, died November of Commerce Bank of Laredo, was of Prosperity Bancshares Inc.®, Hous- 18, after experiencing a massive heart recognized on No- ton, the parent company of El Campo- attack a week or so earlier while visit- vember 8 in Wash- based Prosperity Bank, announced ing with his son, Tanner, in Amarillo. ington, DC, for his the realignment of management re- Pena, a Dallas career banker, began role in the FDIC’s sponsibilities following the resigna- his banking tenure as a high school Community Bank- tion of James D. Rollins III, president vocational student at First National ing Advisory Com- and chief operating officer of Prosper- Bank in Dallas, transitioning to full- mittee, which ity and president of Prosperity Bank, time after graduation. During his provides advice banking career, he served for First in and recommenda- to pursue the position of CEO of Ban- Dallas, First City Bank, Dallas; CNS tions for commu- corpSouth Inc., Tupelo, MS (see Page Atlanta; Liberty Processing Services Urrabazo nity bankers. He 1 for story). Innovation (LPSI) in Louisville, KY; has served on the For the present time, Rollins’ re- Airnet Couriers in Columbus, OH; and committee since its inception in May sponsibilities at Prosperity and Pros- TIB-The Independent Bankers Bank, 2009. perity Bank will be divided among Irving. He served in cash manage- While advising the FDIC about members of the bank’s executive ment, transportation, and correspon- the impact of the country’s recent fi- committee, which consists of Zalman dent banking positions. At the time of nancial crisis on community banks, – senior chairman and CEO, who will his death, he was employed by United Urrabazo also “addressed regulatory assume the titles of president of Pros- reform proposals under consideration Missouri Bank of Kansas City, working perity and Prosperity Bank; H.E. Tima- by Congress and their effect on com- remotely from Dallas. munity banks, as well as the impact of nus Jr. – chairman and chief operating While in banking, Pena completed FDIC supervisory proposals on these officer; David Hollaway – CFO; Chris a BBA degree at Amberton Univer- banks,” said IBC Corporation Chair- Bagley – chief credit officer;Randy sity and taught Principles of Banking man Dennis Nixon. Hester – chief lending officer; and classes for Dallas American Institute Urrabazo joined Commerce Bank Charlotte Rasche – general counsel. of Banking. in 1983. He is chairman-elect of According to Zalman, these indi- He is survived by his son, a student the Texas Bankers Association and viduals have a significant amount of at Texas A & M University in Canyon; has been chairman of the National experience in the banking industry, his brother, Joey of Stavanger, Norway; Bankers Association and Minbanc and Prosperity expects a smooth tran- and his sister, Nora of Humble, as well Foundation, which represents and sition of Rollins’ former duties. as nieces and nephews. support minority banks Q Prosperity Bancshares is a $14.1 A memorial celebration of Pena’s billion-asset regional financial hold- life will be held in Dallas after the first Bankers Digest® ing company formed in 1983. Its whol- of 2013. For information about the cel- Established 1942 ly-owned subsidiary, Prosperity Bank, ebration and/or memorial contribu- A Weekly Bank News Magazine operates 213 full-service banking locations, contact Rich Hickman, 214/533- (USPS 041180) Published weekly on Monday except fifth Mondays tions throughout the state. The com- 1132. The obituary was provided by at 9516 Bill Browne Lane, Dallas, Texas 75243 pany has been named “America’s Best Judy Skelton of Dallas, contact for the Copyright 2012 Bankers Digest® Bank” by Forbes magazine First in Dallas Alumni Club BONNIE JAMISON BLACKMAN, Publisher/Editor Q Q R. GILBERT BLACKMAN JR., Managing Editor P. O. Box 743006 Dallas, Texas 75374-3006 THE INDEPENDENT BANKER’S Phone 214/221-4544 Fax 214/221-4546 CHOICE FOR COMPETING IN TODAY’S E-mail: [email protected] website: www.bankersdigest.com EGULATED ANKING NVIRONMENT One year subscription rate: R B E Print $37.00, Online $26.00; Both $50.00. Single copy $1.00 Opinions expressed by writers of bylined Find Out How We Can Be Your Solution For... articles are not necessarily those of Bankers Digest. We make no representations or war- LOAN REVIEW INTERNAL AUDIT ranties for information, products, or services contained in any advertisement in this maga- ACH AUDIT COMPLIANCE REVIEW zine or on our website. Editorial guidelines may be obtained upon request. Articles and photos may be submitted to above address. Independent Bank Services, L.C. Periodical postage paid at Dallas, Texas 1201 W. Loop 281, Suite 612, Longview, TX 75604 POSTMASTER: Send address changes to Bankers Digest®, P.O. Box 743006, Dallas, [email protected] Texas 75374--3006 903.291.9400~fax 903.291.9401~toll free 888.291.9408

Page 2 BANKERS DIGEST December 3, 2012 F E A T U R E STRESS TESTING obligation,” and “the core principles as a check-box exercise.” of Basel III are sound.” Furthermore, it Invictus’ position is that community Basel III Delayed: US adds, “Given the abject failure of Basel banks’ arguments should be orga- Community Banks Should I and II in the recession of 2008, it is nized on these fronts: difficult to argue against this new con- • Basel III applies rules make sense Seize the Initiative cept of capital adequacy.” for homogeneous markets (e.g, Eu- Excerpted From: That being said, however, the white rope and Japan where few large banks Invictus White Paper paper adds what community bankers dominate each country) and are not Invictus Consulting Group, LLC have been saying all along, that the relevant to unique and diverse com- www.invictusgrp.com “Basel III guidelines were created for munity banking markets. large, complex banks in international • Basel III ignores community banks’ Community markets and are too rigid and inap- counterbalancing strengths and weak- banks and propriate for the smaller community nesses (i.e., portfolio composition, BD their sup- banks” that are characteristic of the loan structures and client creditwor- porters are US banking market. thiness). breathing a The dilemma facing bankers is how • Basel III is biased by the investment FEATURE sigh of relief to reconcile the two positions. Ac- banking approach to product stan- at the recent cording to the white paper, commu- dardization, assuming loans of a cer- delay (November 9, 2012, www.occ.treas. nity banks should revisit the primary tain type are relatively homogenous gov) in implementing Basel III. Accord- intention of Basel III, which is essen- and are securitizeable. It ignores the ing to a recently released white paper tially a regulatory trident with prongs traditional credit analysis employed from Invictus Consulting Group LLC, aimed at: by community bankers to structure bankers “should use the time to pre- • composition of capital; financing unique to their local econo- pare for when it does take effect, as • composition of assets and asset mies. there is no doubt that Basel III is inevi- concentration; and The white paper says community table. Banks need to understand how • liquidity. banks should “fight fire with fire to to fight and react.” Invictus argues that “the attack com- prove and defend their capital ad- The white paper reviews the gen- munity banks need to make must be esis of Basel III, saying it “is a treaty against Basel III’s criteria and formula (continued on Page 12)

December 3, 2012 BANKERS DIGEST Page 3 P E O P L E TEXAS OKLAHOMA NEW MEXICO First Financial in Huntsville First Fidelity Taps Edwards Browning Hired as VP of AZ Reports Three New Directors VP & Tulsa Retail Manager Operations at Western Bank First Financial Bank, Huntsville, has First Fidelity Bank, N. A., Oklahoma Western Bank, Lordsburg, has an- announced that Casey Collum, Chris City, has hired Joe Edwards as vice nounced the hiring of Eddie Browning deMilliano, and Dr. Curtis Montgom- president and director of retail bank- as vice president of its AZ operations. ery have been elected to the board of ing for the Tulsa market. Browning, originally from Willcox, AZ, directors, according to Robert Pate, Edwards is a veteran Tulsa market has worked for the last 11 years in CEO. banker. He most recently served as a Phoenix, where he was the state direc- Collum, a native of Huntsville, is the business banker for Bank of Oklaho- tor for USDA Rural Development and founder and owner of Empire Truss ma and served in the BOK organiza- executive director for the Arizona Ru- LTD. He holds a business adminis- tion for more than 10 years. He previ- ral Development Council. tration degree in managerial sciences ously served with Bank One in Tulsa. Richard Searle, Western’s SVP and economics from Rice University He holds a BS degree from Oklahoma for its AZ operations, made the an- and his business interests include State University. nouncement. He will be working with ranching and real estate investments. First Fidelity Bank operates two Tul- Browning as he transitions into man- deMilliano received a BS degree sa locations: Midtown at 30 W. 21st St. aging the day-to-day operations of the from Texas A&M University and an and Spring Hill at 8120 S. Yale Ave. Q AZ branches. Searle, who also serves MBA degree in finance from Sam on the Cochise County Board of Su- Houston State University. He serves Johnson Promoted to Credit pervisors, will continue to serve on the as operations manager for Steely Officer at Quail Creek Bank Western Bank board of directors. Lumber Company and is also affiliat- Quail Creek Bank, n. a., Oklahoma Browning has extensive experience ed with Texas Best Concrete, Foliage City, has reported the promotion of in economic development. He over- Creek Nursery, Toadstools Nursery Carole Davis Johnson to credit offi- saw the USDA’s Rural Development and B & C Trucking. Mr. deMilliano cer. The promotion was announced by lending program for eight years. A has been a member of the Southeast- President/CFO Doug Fuller and CEO graduate of the University of Arizona, ern Lumber Manufacturers Associa- Bert Olah. he was the former director of the Will- tion for more than ten years and cur- Johnson joined the bank in 2001 in cox Chamber of Commerce and Agri- rently serves as vice president. the customer service area. In 2003, she culture and was instrumental in bringing the greenhouse business to the Montgomery graduated from Stan- transferred to the credit department Willcox area. ford University with a BS degree in as a loan documentation specialist Western Bank is a $130 million-asset biological sciences and obtained a and most recently, credit officer. community bank serving customers in doctor of medicine degree from the She attended the University of Southwest New Mexico and Southeast University of California in San Diego. Oklahoma, University of Central Okla- Arizona with offices in Lordsburg and He established Samaritan Women’s homa, and OSU-Oklahoma City. She Silver City, New Mexico, and Willcox Care in Huntsville in March 2000 and recently completed the OBA's Leader- and Bisbee, Arizona. The bank was also served on the numerous boards ship and Management Development established in 1907 as First National in Huntsville and Waller County. program. She is active in the bank's Bank of Lordsburg and has operated First Financial Bank is $177 MM-as- financial literacy program in various as Western Bank since 1982 when it Oklahoma City area schools and in Ju- set community bank and a member of converted to a New Mexico state bank First Financial Bankshares, Abilene nior Achievement of Oklahoma City Q Q charter Q NEED A PRINT OR ONLINE SUBSCRIPTION? CHANGE AN ADDRESS OR NAME? http: www.bankersdigest.com/ onlinesub.html

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Page 4 BANKERS DIGEST December 3, 2012 P E O P L E ARKANSAS LOUISIANA Keesee and Doss Tapped to Mkhize, Ross & Rye Upped, Nichols Is Center Manager, Lead Summit in Fort Smith Arkansas State Bank Dept. Community Trust in Bossier Don Keesee, Phillip Doss, and Corey The Arkansas State Bank Department Community Trust Bank, Choudrant, Story have been named to the pro- has announced the promotions of announced that Greg Nichols has duction team of the Fort Smith region Landi Mkhize, Matthew Rose, and joined its Airline Banking Center team of Arkadelphia-based Summit Bank as Mark Rye to certified bank senior as banking center manager at 2790 Air- it begins offering consumer and com- examiner. All of these employees are line Dr.. He previously served as bank- mercial loan services to the Fort Smith commercial examiners. ing center manager at Community community. The news was reported in Mkhize is assigned to the state Trust’s Bossier Financial Center. Val- Fort Smith’s Times Record online. bank department’s Northwest field of- erie Watson will be filling his previous Summit’s Fort Smith Region Loan fice in Springdale. He joined the state role in Bossier. Larry Little, regional Production Office is located at 4611 bank department in June 2005. president, made the announcement. Rogers Ave., Ste. 101. In the next 15 Rose works out of the department’s Born and raised in the Bossier City months, Summit Bank plans to open a main office in Little Rock. He also region, Nichols holds a BS degree full-service branch. joined the state bank department in from LSU in Shreveport and is cur- Keesee is the bank’s regional presi- June 2005. rently pursuing an MBA degree from dent. He joins Summit Bank with Rye works out of the main office in the school. He has substantial expe- more than 30 years of financial expe- Little Rock. He was initially hired by rience serving the Shreveport/Bossier rience, including business develop- the state bank department in January business community. ment and directing lending programs. 2005, then departed to accept a posi- Community Trust Bank, a century- Most recently he served at Regions tion at a bank in January 2010. He was old, LA state-chartered bank, provides Bank. The LSU gradutate has been rehired by the department effective a wide range of traditional banking ser- involved in several community organi- February 7, 2011. vices with 31 banking centers through- zations, including Fort Smith Regional The promotions were announced by out north LA, north TX, and north and Chamber of Commerce, Fort Smith Candance A. Franks, commissioner, central MS. The bank reports over $2.8 Symphony, Western Arkansas Coun- Arkansas State Bank Department Q billion in assets Q seling and Guidance Center, Girls Inc. of Fort Smith, and the Fort Smith Pub- lic Schools, and is an alumni of the Leadership Fort Smith Program. Doss is executive vice president and commercial lender. He joins Sum- mit Bank with 17 years of commercial banking experience, most recently as senior vice president for Bancorp- South. He holds an MBA degree from the University of Arkansas, is a graduate of Leadership Fort Smith, and has been involved in several community organizations, including the United Way. Story is loan assistant and has 20 years of experience managing and handling loan portfolios of up to $50 million. Summit Bank is a $1.1 billion-asset financial institution serving central, northwest, and southwest AR through its 23 location footprint Q Rising Star or New Hire at Your Bank? Send Us Your Bank News to Report [email protected] Fax 214/221-4546

December 3, 2012 BANKERS DIGEST Page 5 N E W S W A T C H TEXAS LOUISIANA REGULATORS Southside Bank to Open Red River Bank Alexandria FDIC and FinCEN Access Two Austin Branches in 2013 To Buy Fidelity in Baton Rouge $15 MM Fine Against DE Bank Southside Bank of Tyler plans to ex- Red River Bank of Alexandria has an- The FDIC and the Financial Crimes En- pand its footprint to Central TX where nounced plans to merge with Fidelity forcement Network (FinCEN) on No- it will open two branches in Austin Bank of Baton Rouge, according to vember 19 announced the assessment in early 2013, according to an article Red River Bank President/CEO Blake of concurrent civil money penalties of by Jan Buchholz in the Austin Business Chatelaine. The purchase price was $15 million against First Bank of Dela- Journal. not disclosed. ware, Wilmington, DE, for violations of Southside Bank currently operates Holding company Red River Banc- the Bank Secrecy Act (BSA) and anti- a loan processing department/LPO in shares Inc. said in a news release that money laundering (AML) laws and Austin, which it acquired through its its merger with holding company Fi- regulations. The bank also settled civil 2007 merger with Fort Worth National delity Bancorp Inc. should be com- charges, on related activities, brought Bank. Southside has since organically pleted in the first quarter of 2013, sub- by the U.S. Department of Justice. All grown its business base in Austin, ject to regulatory approval. penalties will be satisfied by a $15 mil- mostly as a lender to the residential Red River Bank is the seventh-larg- lion payment to the US Treasury. construction market. est bank headquartered in LA, with In taking these actions, the FDIC The $3 billion-asset Southside Bank $1.1 billion in assets, 15 banking cen- and FinCEN determined that the bank will open a branch in January at the ters, and 241 employees. failed to implement an effective BSA/ Mopac Expy. and Steck Ave. location, Fidelity Bank has $126 million in AML Compliance Program with inter- 8200 N. Mopac Expy., Ste. 130. The assets and about 50 employees at five nal controls reasonably designed to bank plans to open a second branch offices in the Baton Rouge area, in- detect and report evidence of money at 1250 S. Capital of Texas Hwy., Bldg. cluding four in Baton Rouge and one laundering and other suspicious ac- 1, Ste. 101, in the Cielo Center com- in Geismar. The bank was established tivity. Specifically, the bank failed to plex in West Lake Hills about the in 1987. adequately oversee third-party pay- same time. The bank plans to have a After the bank merger is complet- ment processor relationships and re- more traditional branch at the Cielo ed, Red River Bank would operate in lated products and services in a man- location, where it will offer commer- six parishes from Caddo in North Cen- ner commensurate with associated risks. The civil money penalty is the cial and retail banking and have drive- tral LA to East Baton Rouge in Central result of the bank’s history of noncom- thru banking. The location was previ- LA, with 20 offices and 27 ATMs Q pliance with laws and regulations and ously a Compass Bank branch. its numerous violations of the BSA. CEO Sam Dawson said the bank Tired of waiting to see this “To make money, First Bank of Del- has hired a couple of local bankers week’s Bankers Digest? aware entered into risky lines of busi- who will have responsibility for much Want archives of past issues? ness and chose to disregard its Bank of the asset growth. Southside’s Cen- Subscribe to Secrecy Act responsibilities,” said Fin- tral TX Regional President Peter Boyd CEN Director Jennifer Shasky Calvery. will head up the Austin operations. Bankers Digest Digital Edition and “As a result of its failure to implement Southside Bank is an East TX bank- systems and controls to identify and never wait again! ing heavyweight. The bank operates 49 report suspicious activities, as re- banking locations in Tyler, Longview, http://www.bankersdigest.com/on- quired by the BSA, financial predators and East TX market areas, Fort Worth/ linesub.html were able to victimize consumers.” Arlington, and in Austin Q On November 16, 2012, Bryn Mawr Trust Company, Bryn Mawr, PA, pur- chased certain assets and assumed de- Construction Inspection Services Contractor Replacement posit liabilities from the First Bank of Funds Management REO Inspections Delaware. The Delaware Office of State Cost Estimating Project Consulting Bank Commissioner terminated First Bank of Delaware’s charter, and the FDIC terminated its deposit insurance. For more information on BSA compliance with third party payment pro- cessors, visit the FDIC’s January 2012 and November 2008 guidance on pay- MCCUNE CONSTRUCTION SERVICES GROUP, LLC ment processor relationships at www. fdic.gov. FinCEN recently released an advisory on the subject, “Risk Associ- Fort Worth, Texas Joe Griltz - 866-387-6983 ated with Third Party Payment Proces- www.mccunecompanies.com sors,“ available at www.fincen.gov Q Page 6 BANKERS DIGEST December 3, 2012 The bank other banks can bank on.

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December 3, 2012 BANKERS DIGEST Page 7 R E G U L A T O R S Texas NEWSWATCH BRANCHES C h a r t e r The OCC has received an applica- FDIC to Use New Pre-Exam tion by First Capital Bank of Texas, N. Tool for Community Banks A., Midland, for a branch at 3700-3900 a c t i v i t y S. Soncy Rd., Amarillo. Examiners from the Federal Deposit The OCC has received an applica- Insurance Corp. will soon begin using Louisiana tion by Capital One, N. A., McLean, a new tool that allows them to tailor BRANCHES VA, for a branch at 6161 Retail Rd., pre-examination information requests The OFFICE OF THE COMP- Dallas. based on the characteristics of the in- TROLLER OF THE CURRENCY has The OCC has received applications stitution being examined. The news is received applications by MidSouth by First National Bank Texas, Killeen, from an article by Alexandra Villarreal Bank, N. A., Lafayette, for branches: for First Convenience Bank branches: on www.bankcreditnews.com. 6209 Coliseum Blvd., Alexandria, and 2990 E. Hwy. 190, Copperas Cove, (re- The Electronic Pre-exam Package 4701 Texas Blvd., Texarkana, TX (Peo- location from 804 E. Hwy. 190); and allows examiners to filter information ples State Bank). 901 Unser Blvd., SE, Rio Rancho, NM. requests to ensure that irrelevant data Oklahoma The OCC has approved an applica- is not being collected. The new tool BRANCHES tion by Inwood National Bank, Dallas, has been piloted in 30 bank examina- The OCC has received an applica- for a branch at 777 Taylor, Ste. 102, tions and is slated to be released in tion by The City National Bank and Fort Worth. early 2013. Trust Company of Lawton for a branch The OCC has approved an applica- Kristie Elmquist, the FDIC’s Dal- at 1836 NW 82nd St., Lawton. tion by First Financial Bank, N. A., Cle- las regional director, said that the tool MEMBERSHIP burne, for a branch at 101 Northgate was developed with consideration for The FEDERAL RESERVE BANK Dr., Waxahachie. community banks. The FDIC has noti- OF KANSAS CITY has filed an ap- The TEXAS DEPARTMENT BANK- fied committee members, including plication by First National Bank (to ING has received an application by Matt Williams, the chairman of the be known as FNB Community Bank), AimBank, Littlefield, for a branch at American Bankers Association, of the Midwest City, to retain its member- 3419 Snyder Shopping Center, Snyder. agency’s community bank initiatives. ship in the Federal Reserve System MERGERS AND ACQUISITIONS The FDIC said that it will release following its conversion from a na- The OCC has approved an applica- a report on its community bank re- tional to a state charter. tion by Citizens National Bank, Hen- search in December. The study is MERGERS AND ACQUISITIONS derson, for an non-affiliate merger aimed at developing a new definition The OCC has approved an applica- with White Oak State Bank, White of “community bank” based on quali- tion by Vision Bank, N. A., Ada, for an Oak; the resulting bank Citizens Na- ties other than size, including lending, non-affiliate merger with Community tional Bank, Henderson. geographic reach, and core deposits Q Bank of the Arbuckles, Sulphur; the The TXDB has received an applica- resulting bank Vision Bank, N. A., Ada. tion by Happy State Bank, Happy, to (continued from Page 3) merge with Signature Bank, Dallas. equacy. They must focus on linking Subscribe to Bankers Digest HOME OFFICE RELOCATION the results of stress testing to the Online/Digital Edition The TXDB has approved an ap- core principles that underlie Basel III’s plication by Signature Bank, Dallas, standalone ratios.” http://www.bankersdigest.com/ to relocate its home office from 6757 “The fact is that their limited geo- onlinesub.html Arapaho Rd., Ste. 725, to 18633 N. graphic footprint greatly facilitates Dallas Pkwy., Ste, 350, Addison Q the ease of community banks to prove themselves through stress testing. That they have smaller portfolios, lim- FOR SALE OR LEASE ited loan categories, and understand 1000 – 4000 Sq. Ft. their individual markets, substantially Modular Bank Building increases the power of their stress testing results.” The large banks “ all With Bank Equipment and Drive-Through have the opportunity to use stress test results to counteract some of the rigid Located in Arkansas rules and ratios inherent to Basel III – community banks should follow suit,” Invictus says. MAKE OFFER Thus, "community banks should be strongly advocating – and regulators For more information call NMBB and lawmakers should be offering – 800-615-7320 (continued on Page 12)

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December 3, 2012 BANKERS DIGEST Page 9 C L A S S I F I E D & Associates, [email protected], for a COMPLIANCE OFFICER. Must references to Coleman County State 214/823-9999, #306. www.babich.com. have compliance experience. Send Bank, Attn: Reave Scott, President, resume in confidence to bankers P.O. Box 6483, Abilene, Texas 79608 TEXAS COMMERCIAL LENDER: [email protected], subject or e-mail [email protected]. Solid Community Bank east of line Box D-5. Austin will add high-integrity, get- CHIEF LENDING OFFICER needed it-done, VP-level lender to staff. Coleman County State Bank has an for $200 million Central Texas com- Position will inherit a clean, com- opening for a Commercial Lend- munity bank. Position will oversee mercial portfolio of loyal customers, er for its Abilene Banking Center in lending activities, ensure adherence enjoy a beautiful facility in which to Abilene, TX. Successful candidates with state/federal regulations and work and a less hectic, smaller-town will have prior lending experience oversee long-term portfolio growth. lifestyle. Clean credit and criminal ranging from consumer, agricul- Applicants should have 10+ years of check, and particularly high-charac- ture, and commercial lending; de- experience in lending and supervis- ter, required. Mark Mitchell, Lone sire to be active in the community ing lending staff. Salary commensu- Star Search, 972.335.9009, www. and proven leadership skills. CCSB rate with experience and education. lone starsearch.net. is experiencing steady growth, has Reply to bankersdigest@bankers an excellent compensation package digest.com, subject line Box N-1. $400M independent community including an ESOP, and cares about bank in East Texas has an opening its employees. Send resume with First United Bank is seeking a SE- NIOR LEVEL COMMERCIAL LEND- ER with good Business Develop- ment skills for the Lubbock market. Knowledge of agricultural credits a plus. Please email resume and salary requirements to rboyd@first Internal Loan Review Officer united.net.

FirstCapital Bank of Texas, a growing community bank located in Midland, LENDING OFFICER needed for $200 Texas, is seeking an Internal Loan Review Officer. This position will be respon- million Central Texas community sible for reviewing existing bank loan portfolio for credit quality, document- bank. Applicants should be bilingual ing exceptions and risk ratings, and coordinating loan review with outside in Spanish and have at least 5 years accounting firm and regulatory agencies. The ideal candidate should possess of experience in consumer and real a minimum of 7 years banking experience, prior lending experience, and thor- estate lending. Salary commensu- ough knowledge of documentation and regulatory guidelines. A college de- rate with experience and education. gree or equivalent experience is required. We offer competitive benefits and Reply to bankersdigest@bankersdigest. opportunities for advancement. Relocation package available. Please mail com, subject line N-2. or email resume to: FirstCapital Bank of Texas, Attn: Team Resources Well rounded Commercial/Con- sumer Lender, Assistant In- 310 W. Wall St., Suite 100 Midland, TX 79701 vestment Officer, Board [email protected] EOE Secretary. Growing West Texas

Page 10 BANKERS DIGEST December 3, 2012 C L A S S I F I E D Community Bank is seeking an indi- in Decatur, TX. A track record of (i.e., ABA Certified Commercial vidual with the above qualifications. lending in Wise County would be a Lender Business Banker or similar This individual would be a part of plus. Please send resume and salary training) in lieu of multi-year lend- the Executive Management team of history to [email protected]. ing experience. Include salary his- a well capitalized, stable communi- tory with resume and send to gwen. ty bank with local ownership. Reply Credit Officer needed in a North [email protected]. to bankersdigest@bankersdigest. Central Texas community bank. This com, subject line Box T-5. officer position requires a range of skills including analytical, knowl- Branch Manager - for small town edge of loan documents, organiza- West TX community bank. Individual tional skills, and a background of Need to fill a position would need a minimum of 2 years sound banking practices. Candidate in your bank? lending experience with some oper- will be required to have good com- ations experience. Good opportunity munication skills and to work direct- to grow and run your own “shop” and ly with the loan officer prior to fund- be a part of the bank management. ing. Finance degree or related field Reply to bankersdigest@bankersdi- with prior experience is preferred. Your ad gest.com,subject line Box T-6. Respond to bankersdigest@bankers can appear here! digest.com, subject line Box N-5. Community bank in Big Spring, TX, seeking a COMMERCIAL LOAN OF- Small west Oklahoma City suburban FICER. Qualified candidate must bank, well rated, profitable and cap- $45 for 30 words. have minimum 5 years lending ex- italized, seeks individual to assume perience and a strong knowledge responsibility of operations- Simply email your ad to of credit underwriting. Must have a head cashier. Must be organized, strong interest in community/busi- experienced, and a multi-tasker. ness development, as well as the Salary will be based on experience [email protected] drive to grow their respective port- and qualifications. Please email re- folio. Competitive salary and ben- sume to [email protected]. EOE efits include matched 401(k), medi- cal, and paid vacation. Send resume EXPERIENCED EXECUTIVE BANK- or respond to bankersdigest@bankers ER with wide range of lending, digest.com, subject line Box N-4. collection, and management skills needed for $165 million, well-capi- Herring Bank is seeking an experi- talized western Oklahoma commu- enced Loan Officer for the Clar- nity bank. Must be college gradu- endon, TX, location. This position ate, community oriented, highly includes processing loan applica- motivated, with strong sales and tions, working with loan commit- marketing abililty. Send detailed re- tees for credit decisions, collateral sume, salary history, and references inspections and general customer with cover letter to bankersdigest@ relations for new and existing cus- bankersdigest.com, subject line Box tomers. We expect this person to be D-1. involved in the community and to call on prospective clients. This posi- Small independent community bank tion requires a high school diploma is seeking a degreed, commercial or GED, or an equivalent combina- banker with a minimum of 3 to 5 tion of education and experience years lending experience, with abil- through formal schooling, in-house ity to speak Asian languages a plus training, or financial related curricu- (Hindi/Urdu/Korean). Candidate will lum in finance, economics, or a relat- be a community banker with active ed field. The applicant should have calling responsibilities. There will a minimum of 5 years lending expe- be a small portfolio for the right in- rience in Commercial, Agricultural, dividual to grow and develop along and Consumer Loans. Send resumes with some leads. Quality over quan- to [email protected]. tity is the philosophy of the bank. The right candidate is expected to State National Bank of Texas is actively seek loans and deposits. seeking an experienced Commer- Bank will consider candidates with cial Lender for our new location formal lender training certifications

December 3, 2012 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.

(continued from Page 8) in the United States “only about half Your comments and opinions are the use of stress testing to counteract of them would pass Hoenig’s Leverage appreciated and may be submitted to the direct application of Basel III.” Ratio test.” [email protected]. Invictus says that community banks’ The white paper says "capital stress argument for the elimination of Basel testing gives (community) banks the III guidelines “without addressing an weapon they need to reassure their About the authors: Invictus Consulting alternative could easily lead “from the regulators and defend themselves – it Group, LLC, provides products and frying pan into the fire.” The white pa- gives them the upper hand. A properly services, including stress testing, to per cited one alternative mentioned by executed stress test gives the regula- the financial sector. The company FDIC Director Thomas Hoenig would tor that lens of visibility into the fu- is the creator of Invictus Capital As- be a minimum capital ratio of 10% in ture that they otherwise will never sessment ModelTM. The New York- lieu of Basel III. “That would kill many have – and therefore should be the based company may be contacted at community banks.” According to an weapon of choice for every bank." Q 212/661-1999 and through www.invictus- Invictus analysis of over 7,200 banks grp.com.

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