O'neil Elected CEO, First Financial Cleburne Morris Is Chairman In

April 9, 2012 www.bankersdigest.com Volume 140, No. 14 O’Neil Elected CEO, Morris Is Chairman in McCaskill Tapped Sabine First Financial Cleburne Mountain Home, AR Reg President, MidSouth First Financial Bankshares Inc., Mountain Home Bancshares Inc. has an- MidSouth Bank, N. A., Lafayette, LA, Abilene, TX, has announced the elec- nounced the election of Cynthia Morris has combined its West Louisiana Re- tion of Tom O’Neil as chairman of the gion with portions as CEO of subsid- board following of its East Texas iary First Finan- the retirement of Region, including cial Bank, N. A., Chairman Denny the Beaumont and Cleburne. He will Smith, who will Vidor markets, to join the existing continue to serve create the Sabine management team as member of the Region. The bank of Matt Reynolds, board of directors. has named Blake president, and Mountain Home McCaskill as the Craig Beskow, ex- O’Neil Bancshares is the Morris Sabine Region- McCaskill ecutive vice presi- parent company al President. He dent. of First National Bank & Trust, Moun- joined MidSouth in 2010 and was O’Neil has served as president of tain Home, AR; Bank of Pocahontas, previously president of the West Loui- subsidiary First Financial Bank, N. Pocahontas, AR; and Integrity First siana Region. A., Eastland, since 2009. He entered Bank, Jonesboro, AR. McCaskill has two decades of bank- banking in 1980 with the OCC and Morris, a cum laude graduate of Wil- ing experience. Before joining Mid- joined First Financial in 1998 as a se- liam Woods University, Fulton, MO, South, he worked for Capital One as nior vice president and commercial began her banking career in 1976 and a vice president for business banking lender in Abilene. He was promoted was first elected to the board of direc- and for Bank One and Calcasieu Ma- to executive vice president in 2002. tors of Mountain Home Bancshares in rine National Bank. He has a bach- He earned a BBA degree from Mid- 1988. She continues a long family leg- elor’s degree in business administra- western State University in Wichita acy in banking. Her grandfather, Frank tion from McNeese State University and is a graduate of the Louisiana Falls and is a graduate of the South- L. Coffman Sr., founded Commercial School of Banking. western Graduate School of Banking Bank in Harrison, AR, and her father, MidSouth Bank, N. A., is a wholly at SMU Frank L. Coffman Jr., served as chair- Q owned subsidiary of MidSouth Ban- man of First Federal Bank, Harrison, corp Inc., a $1.4 billion bank holding until his death in 2001. Peterson Upped to SVP, company based in Lafayette Morris and her husband, Dr. Robert Q SpiritBank, Edmond, OK L. Morris, reside in Fayetteville, where Please route this issue: SpiritBank, N. A., Bristow, OK, has re- she is a licensed real estate apprais- cently promoted Brian Peterson to er and an active volunteer at Crystal senior vice presi- Bridges Museum of American Art Q dent, commercial In This Issue... lending. Peterson previ- management. Is Government Guaranteed ously served the Peterson has over 22 years of bank- Lending Right for your Bank, I bank as vice presi- ing experience, with the past 19 years Feature...... 3 dent, Edmond lo- focused primarily in commercial bank- cation leader, coming. He joined SpiritBank in 2007. mercial banking. In SpiritBank, a $1 billion-plus com- Charter Activity...... 8 his new position, Peterson munity bank, has branches statewide he will be responsible for business de- in OK. The bank, founded in 1916, Classified...... 10 velopment and customer relationship has more than 325 employees Q

Published weekly on Mondays except fifth Mondays p e o p l e TEXAS Werner Promoted to Legend Bank, Bowie, Adds Brosch to Boards, First VP, WestStar Bank Names Woods Senior VP, Mortgage Lending WestStar Bank, El Paso’s largest com- Legend Bank, N. A., Bowie, Board Legend Bank has announced the hir- munity bank, has promoted Anita Chairman Steve Hamilton and Presi- ing of Kevin Woods as senior vice presi- Werner to first dent/CEO Mickey Faulconer have an- dent, mortgage lending. He will lead the vice president. nounced the appointment of Benja- bank’s mortgage lending operation. She serves as cus- min “Benji” Brosch to the Legend Woods joins the bank with over tomer relationship Bank and Legend Bancorp boards of 10 years of experience in mortgage management pro- directors. He will replace James B. lending. He has experience at several gram (CRM) man- Coffield, who is stepping down after mortgage lending institutions, includ- ager/CRA officer. 25 years of service, on the board. ing Gateway Mortgage Group, Bank of She will continue Brosch is currently vice president of America, and most recently, MetLife to manage CRM operations at Highland Networks LLC Home Loans. His experience at large software systems Werner in Lewisville, TX. He oversees the com- lending institutions is augmented by and track bank ac- pany’s operational business teams, his experience running a mortgage tivities that qualify for CRA purposes. financial systems, facilities manage- lending operation with a group of Werner joined WestStar Bank in ment, and strategic initiatives across business partners. His background 2002. The 30-year banker earned a the network solutions spectrum. He also includes military service as a U.S. bachelor’s degree in management and possesses a wealth of executive level Army Ranger. completed the Graduate School of experience in finance and accounting, Legend Bank, with eight bank lo- Banking at the University of Wiscon- telecommunications, and real estate cations throughout North TX, reports sin-Madison. She is a member of the planning and development. total assets over $585 million. The El Paso Symphony Orchestra board Brosch earned both a bachelor’s 120-plus year-old bank serves custom- of trustees, Junior Achievement of degree in finance and a MBA degree ers in and around Alvord, Bonham, the Desert Southwest, and Financial in accounting from the University of Bowie, Decatur, Fort Worth, Henrietta, Nocona, and Whitesboro Women in Texas Q North Texas. Q

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Page 2 BANKERS DIGEST April 9, 2012 F E A T U R E L E N D I N G and include a population restriction Capital impact and Community Rein- of 50,000 or less. SBA 504 loans can- vestment Act Beating the Non-Interest not be used to finance working capi- For banks with limited capital for Income Squeeze: Is tal, but they are available for lending growth, government guaranteed loans Government Guaranteed against hard assets, such as real es- provide increased lending opportuni- tate or machinery and equipment. ties without increased capital require- Lending Right ments. These programs allow com- Though each loan type has specific munity banks to exceed regulatory for Your Bank?-Part 1 requirements, they share an impor- lending limits—the federally guaran- By tant common characteristic—a sig- teed portion does not count toward Kevin Coffman, Bruce B. Zaret, CPA, nificant portion is guaranteed by the an institution’s legal lending limit to and United States government. Depending one borrower. Since only the unguar- John Michael Jaramillo, CPA on the program, 50 to up to 90 percent anteed portion counts against an in- of the loan can be guaranteed. (continued on Page 9) As the U.S. econ- omy picks up steam, one would expect more small businesses to be looking for capital to fuel growth. An improving econo- my also creates an Coffman attractive lending environment for both borrowers and lenders. To help manage credit risk as loan demand increases and also add other revenue streams, a government- guaranteed lending program can be a strong strategic option for banks. There are several types of guaranteed loan programs for small businesses and agriculture, the more prevalent include: (1) Small Business Admin- istration Loans Zaret (SBA), including 7(a), 504, SBA Express programs and the Export Working Capital Program; (2) Export- Import Bank of the United States Working Capital Guarantee loans; (3) United States Department of Agricul- ture (USDA) loans. While the SBA 7(a) program is the most promi- nent and often used to finance working capital or business acquisitions, each loan type has a Jaramillo specific purpose. For example, USDA loans are geared toward serving smaller communities

April 9, 2012 BANKERS DIGEST Page 3 P E O P L E TEXAS Faz, Gregory, McCellan, Harris, and Rains Promoted in Abilene Yoakum National’s Dr. Louis First Financial Bank, N. A., Abilene, Vanessa Faz, Amy Gregory, and F. Boening Dies at Age 78 has announced the promotions of Mark McClellan to vice president, Dr. Louis F. Boening, chairman emeri- and Alicia Harris and Brooke Rains tus for Yoakum National Bank, died on to assistant cashier. March 12 at the age of 78. Faz is a mortgage loan officer in Dr. Boening graduated from N. R. the South branch. She joined the bank Crozier Technical High School in Dal- CREDIT las in 1950 and Arlington State College INSURANCE in 2005 with more than nine years of DIVISION prior experience in the mortgage in- in 1953. He graduated from the Texas dustry. She currently serves her com- A & M School of Medicine in 1957. He munity as vice chair on the Abilene practiced veterinary medicine for over 54 years in public health and zoonosis Housing Authority Board and as a medicine, as well as large and small member of Big Country Home Build- animal private practice. ers Association and the Women’s AMERICAN NATIONAL Over the past 42 years, he served INSURANCE COMPANY Council of Realtors. Yoakum National Bank as a director, Gregory is the retail branch man- president, CEO, and chairman of the Texas banks rely ager at the HEB supermarket branch. board. He was featured in a 2005 ar- on credit life She has served with the bank for 12 services from ticle in the Texas Banking Association one of Texas’ years. She earned a bachelor’s degree magazine for all of his banking accom- largest and most in management from Abilene Chris- plishments. substantial tian University. insurance Boening had served as a board companies. McClellan, who joined the bank member and president on the Yoa- in 2010, is a consumer loan officer in A pledge of service kum Area Chamber of Commerce. He and stability, the South branch. He earned a BBA was a long-time member and a past and the strength degree from The University of Texas at president of the Yoakum Rotary Club, to back it up. Arlington. He is a member of The PGA served on the Yoakum Economic De- (800) 899-6502 FAX (281) 535-7440 of America and serves on the Junior velopment Corporation board and the CID0050 Achievement Board of Directors. Yoakum Industrial Foundation, and American National Insurance Company Harris is the retail branch manager was also a past president of the Yoa- Credit Insurance Division at the United Supermarkets branch. kum School Board P.O. Box 9007 Q League City, TX 77574 Rains is the retail branch manager at the Pine Street Motor Bank Q Udoewa Is SVP/CFO, Unity National Houston John Scroggins, president/CEO, Uni- ty National Bank, Houston, has announced that Houston area accounting professional Henry Udoewa has been named senior vice president and chief financial officer (CFO) of Unity National Bank: Scroggins also announced the promotions of Doris Rochelle and Shir- ley Turner to vice president. Rochelle serves as human resource officer and coordinates board of directors ac- tivities. She joined the bank in 1988. Turner, who joined Unity in 1997, is the bank’s IT officer. Unity National Bank, chartered in 1985, is a unique urban community bank which serves diverse communities. It has been certified by the City of Houston as a Minority Business En- terprise Q Page 4 BANKERS DIGEST April 9, 2012 p e o p l e TEXAS Buchanan Is General Retired Panhandle Banker Laredo Businessman Trevino Counsel at Dallas Fed Eugene (Gene) M. Phillips Dies Appointed to BBVA Boards The Federal Reserve Bank of Dallas Eugene (Gene) M. Phillips, a retired BBVA Compass announced Guillermo has appointed John D. Buchanan 35-year Panhandle banker, died on “Memo” Trevino has been appointed senior vice presi- March 16 at age 81. to the boards of directors of BBVA dent, general Phillips was born in Amarillo in Compass and its parent, BBVA Com- counsel, and sec- 1930 and grew up in Borger. He be- pass Bancshares Inc. He will serve gan his banking career in 1961 with retary to the board on the boards’ audit and compliance the First National Bank of Panhandle, of directors. committees and will also serve on the advancing to president in 1968. He Buchanan has BBVA Compass board’s wealth man- served as president and chairman un- more than 20 agement and trust committees. til his retirement in 1996. years of experi- Trevino served as a director of the Phillips was active in banking or- ence as a banking International Bank of Commerce in ganizations. He served as chairman of attorney. Previ- Buchanan Laredo from 2008 until 2011. He also the 8th District of the Texas Bankers ously, he served as Association, on several TBA Commit- served on the board of the San An- senior executive vice president at Re- tees, on the board of directors for the tonio branch of the Federal Reserve gions Financial Corporation. He ear- Independent Bankers Association of Bank of Dallas from 2006 until 2011. lier held positions as general counsel Texas, and on the board of the North He is president of Southern Dis- and corporate secretary for Regions, Panhandle Banker’s Association. He tributing, a beer and soft drink dis- AmSouth Bancorporation, and South- also served six years on the board of tributor, which is part of the Southern Trust Bank in Birmingham, AL. directors for the Federal Reserve Bank Group of companies owned and man- Buchanan has served on numer- of Dallas. In December 1990, Texas aged by the Trevino family. ous banking committees and boards, Tech University and the TBA honored Trevino is a graduate of Rice Univer- including the Financial Services him as the Outstanding Ag Banker of sity and received an MBA degree from Roundtable Lawyers Council and the Year. The University of Texas at Austin the American Bar Association Bank- Phillips served on boards of sev- Q ing Committee. Prior to his legal and eral civic and community organiza- banking career, he served as a military tions, including the Panhandle Plains Coming Soon helicopter pilot and commissioned Historical Society, the Amarillo Area PRINT and ONLINE officer for the U.S. Army, becoming Foundation, the Panhandle Heri- paratrooper qualified and serving as a tage Association, the Carson County 2012 Spring Edition flight division commander. Square House Museum and the Har- He holds a master’s degree of law rington Regional Medical Center. In in taxation from New York University conjunction with the First National School of Law, a doctorate of law from Bank, he was recipient of the Amarillo Vanderbilt University School of Law, Chamber of Commerce Golden Nail and a bachelor’s degree in economics Award in 1986. He was a past president of the Panhandle Rotary Club from Washington & Lee University Q and the Panhandle Chamber of Com Citizen of the Year in 1985. Judd Joins Condley’s Banking Phillips was a graduate of The Uni- Services Group in Abilene versity of Texas at Austin. He served Condley and Company, L.L.P., Abilene, four years in the U.S. Navy during the has named Mike Judd to the CPA Korean War. firm’s Banking Services Group. He is survived by his wife, Elaine, and Judd joins as an auditor, where he numerous loved ones, including son, will be responsible for providing fi- Robert C. Phillips, president/CEO, For the online version, go to nancial auditing services, including First Security State Bank, Clifton Q compliance and control audits. Previ- www.texasredbookonline.com. ously, he served two years as a teller Subscribe to Sign up for a 3-day trial subscription. at Ozona National Bank. He is a 2011 Bankers Digest Online subscriptions less than graduate of Texas State University, Digital Edition $15 per month! where he received a bachelor’s degree in both accounting and finance. He is Simply follow the link to To order your print version, call http://www.bankersdigest. 800-336-1120, Ext. 7053, or visit originally from Northfield, OH, and www.texasredbook.com. com/onlinesub.html currently resides in Abilene Q April 9, 2012 BANKERS DIGEST Page 5 p e o p l e TRADE ASSOCIATION ARIZONA ARKANSAS Rainey and Kennedy to Serve Bushman Joins Johnson Bank Brungardt, Reeves, Hapeman, On ICBA Executive Committee As Private Banker in Scottsdale Allen Upped at Arvest Bank The Independent Community Bank- Johnson Bank has announced Myla Arvest Bank has announced the pro- ers of America (ICBA) has announced L. Bushman has joined as private motions of four bankers serving the that Jeff Gerhart, chairman, Bank of banking relationship manager for the bank’s customers in several capacities Newman Grove, NE, was elected ICBA Greater Phoenix area. She serves cus- in Bentonville. chairman for 2012-13 and chairman tomers at 8700 N. Gainey Center Dr. in Kurt Brungardt, Lindsay Reeves, of the ICBA Executive Committee and Gainey Ranch location in Scottsdale. and Joy Hapeman have been pro- ICBA board of directors. The election Bushman has more than 24 years of moted to vice president, and Ashley took place at the recent ICBA conven- banking experience,with the majority Allen was promoted to assistant vice tion in Nashville, TN. of her banking career in the Scottsdale president. Serving on the ICBA Executive Com- area. She most recently worked with Brungardt serves as a mortgage mittee are: chairman-elect: William high net worth clients at M&I Bank. loan officer. He previously was assis- A. Loving Jr., president/CEO, Pendle- She is an active member of her com- tant vice president and mortgage loan ton Community Bank, Franklin, WV; munity, currently serving as a board officer. He has served with Arvest for vice chairman: John H. Buhrmaster, member of Inter Faith Cooperative 14 years and previously served as a president, 1st National Bank of Sco- Ministries Food & Clothing Bank and mortgage underwriter. tia, NY; secretary: Steven R. Gardner, with the Cal Ripken Sr. Foundation, Reeves is a private banking offi- president/CEO, Pacific Premier Bank, Women of Scottsdale, and Women on cer. She previously was assistant vice Costa Mesa, CA; treasurer: Nancy A. Course Q president and private banking officer, Ruyle, president/CEO, Citizens Bank the position she since joining Arvest of Rogersville, MO; Camden R. Fine, Schoolcraft, MI, and R. Michael Men- in September 2007. ICBA president/CEO, Washington, zies, president/CEO, Easton Bank and Hapeman is a consumer loan su- DC; immediate past chairman: Sal Trust Co., Easton, MD; and directors pervisor. She was previously assistant Marranca, president/CEO, Cattarau- at large: Rebeca Romero Rainey, vice president and consumer loan su- gus County Bank, Little Valley, NY; chairman/CEO, Centinel Bank of Taos, pervisor. She has served with Arvest past chairmen: James D. MacPhee, NM, and Preston L. Kennedy, presi- for seven years and previously served CEO, Kalamazoo County State Bank, dent/CEO, Bank of Zachary, LA Q as a consumer loan officer. Allen is a marketing specialist. She has served with Arvest for more than five years and was previously a banker trainee with Arvest in Springdale Q

OKLAHOMA Field and Rateliff Promoted, American National Ardmore American National Bank, Ardmore, has announced two recent promotions. Cheryl Field has been promoted to assistant cashier and purchasing officer. She serves out of the bank’s new operations center located on the ANB campus. She joined the bank in 1989. Most of her banking career has involved working in the operations department. Trey Rateliff was promoted to assistant cashier and collection officer. He serves out of ANB’s Lone Grove branch at 6295 W. Broadway in Ard- more. He received an associates degree in business administration at Murray State College and will receive a BBA degree early next year Q Page 6 BANKERS DIGEST April 9, 2012 p e o p l e Bkers Digest LOTIBUISIANA ad Hinson, Morris,2012 & Naquin Are VPs, Concordia4.75 x Bank 10 Vidalia Concordia Bank & Trust Company in Vidalia has announced recent promotions. Cathy Hinson was named vice president. Paula Morris was named vice president and mortgage loan officer. Greg Naquin was named vice president. Donna Woodruff was named assistant cashier. Dayla Seyfarth was named assistant cashier & special assets officerQ

NEW MEXICO Alongi Elected to Board, First National Bank of Santa Fe Carl Alongi has been elected to the board of directors of First National Bank of Santa Fe. He is a senior con- sultant for REDW LLC in Albuquer- que. He was the cofounder and share- holder of Pulakos & Alongi Ltd. CPAs for 37 years. He serves on the boards of CPA Mutual Insurance Co. and The Uni- versity of New Mexico Foundation Q REGULATORS Senate Confirms Obama’s FDIC and OCC Nominations The U. S. Senate confirmed, in voice votes on March 29, President Obama’s three nominations to the board of directors for the FDIC and the nomina- tion of Thomas J. Curry as Comptrol- ler of the Currency. Martin Gruenberg, acting FDIC chairman; Thomas Hoenig, retired president/CEO of the Federal Reserve Bank of Kansas City; and Jeremiah Norton, executive with JPMorgan Chase & Co. and former deputy assistant secretary in the Treasury De- parment from 2007-2009, have been confirmed to the five-member FDIC board. Curry, a former member of the FDIC board from 2004 to 2010 and a former Massachuetts Commissioner of Banks, will rejoin the FDIC board as the Comptroller of the Currency. The four confirmations give the FDIC a complete five-member boardQ April 9, 2012 BANKERS DIGEST Page 7 R E G U L A T O R S a relocation from 1947 N. College Ave. cation by First Bank & Trust East Tex- to SWC of Township St. and College as, Diboll, to relocate a branch from C h a r t e r Ave., Fayetteville. 412 E. Lacy to Loop 256 S. and Post The OCC has approved an applica- Oak Blvd., Palestine. tion by First National Bank of North The FEDERAL DEPOSIT INSUR- a c t i v i t y Arkansas, Berryville, for a branch at ANCE CORPORATION has filed an ap- 317 Hwy. 62 W, Yellville. plication by BB&T, Winston-Salem, NC, Arizona MERGERS AND ACQUISITIONS to relocate a branch from 717 Harwood MAIN OFFICE RELOCATION The ARSBD has filed an applica- St. to 2001 Ross Ave., Ste. 100, Dallas. The OFFICE OF THE COMPTROL- tion by Arvest Bank, Fayetteville, to MERGERS AND ACQUISITIONS LER OF THE CURRENCY has with- purchase and assume Union Bank, The FEDERAL RESERVE BOARD drawn an application by UMB Bank Kansas City, MO. has approved an application by Adam Arizona, N. A., Scottsdale, to relocate Texas Bank Group Inc., Tampa, FL, to ac- its main office to 16210 N. Scottsdale BRANCHES quire Brazos Valley Bank, N. A., Col- Rd., Scottsdale. The OCC has approved an applica- lege Station. Arkansas tion by Crockett National Bank, Ozo- The OCC has received and has no BRANCHES objection to a domestic purchase/ The na, for a branch at 3101 Bee Caves Rd., ARKANSAS STATE BANKING change-in-control application by has approved an ap- Ste. 280, Austin. DEPARTMENT James R. Branson, Patricia A. Ranspot, plication by Bank of the Ozarks, Little The OCC has approved an applica- and Deana B. Williams involving The Rock, for a branch at 4701 SH 121, The tion by JPMorgan Chase Bank, N. A., First National Bank of Lipan, Lipan. Colony, TX. Columbus, OH, for a branch at 6437 The TXDB has received an appli- The has approved an ap- Hillcrest Ave., University Park and re- ARSBD cation by Prosperity Bank, El Campo, plication by Farmers Bank and Trust ceived applications for branches: 4620 to merge with American State Bank, Company, Magnolia, for a branch at Broadway St., San Antonio, and the Lubbock. 5499 Summerhill Rd., Texarkana, TX. intersection of FM 620 & Quinlan Park The TXDB has approved an ap- The has approved an ap- Rd., Austin. ARSBD plication by First Texas Bank, George- plication by The Bank of Augusta, Au- The TEXAS DEPARTMENT OF town, to merge with First Texas Bank, gusta, for a branch at 1201 W. Beebe BANKING has approved an application Round Rock. Capps Expwy., Searcy. by PlainsCapital Bank, Dallas, to relo- MAIN OFFICE RELOCATION The ARSBD has filed applications cate a branch from 777 Taylor St., Ste. The OCC has approved an application by Arvest Bank, Fayetteville, to relo- 102, to 801 Houston St., Fort Worth. by Town North Bank, N. A., Dallas, to relocate branches: from 201 Commerce The TXDB has received an appli- cate its main office from 4455 LBJ Fwy. to Dr., Maumelle, to 13301 Crystal Hill cation by Sovereign Bank, Dallas, for a 14185 Dallas Pkwy., Ste. 200, Dallas Rd., North Little Rock; and from 1200 branch at 1702 and 1706 Sky Lark Ln., Q Gertrude Ave. to SWC of Hwy. 51 & Houston. IL, GA, and MI Banks Fail; Hwy. 69, Wagoner, OK; and approved The TXDB has approved an appli- Total YTD Failures Is 16 The Illinois Department of Financial and Professional Regulation - Divi- Heflin Building Systems, LP sion of Banking closed Premier Bank, “Providing your every construction need” Wilmette, on March 23 and appointed the FDIC as receiver. The FDIC entered into a P&A agreement with Interna- 8 Innovative tional Bank of Chicago, Chicago, IL, to assume all of the deposits and to pur- 8 Experienced chase essentially all of the assets. The failure is the third in IL in 2012. 8 Professional The Georgia Department of Bank- ing and Finance closed Covenant Bank Call us today! & Trust, Rock Spring, on March 23 and appointed the FDIC as receiver. The 817-460-0100 FDIC entered into a P&A agreement with Stearns Bank, N. A., St. Cloud, MN, to assume all of the deposits and We offer Permanent or Temporary Buildings of any style construction with to purchase essentially all of the as- competitive pricing and complimentary marketing packages that include sets under a loss share transaction. Site Plan, Floor Plan, Elevations and 3D Computer Renderings to ensure The failure is the fourth in GA in 2012. your complete satisfaction. The Michigan Office of Financial 2305 Roosevelt Drive, Suite D Arlington, Texas 76016 and Insurance Regulation closed fax (817)460-0111 www.heflinbuildings.com (continued on Page 9)

Page 8 BANKERS DIGEST April 9, 2012 N E W S W A T C H F E A T U R E Lending (continued from Page 3) because of the fees generated from TEXAS stitution’s lending limit, government the servicing asset. Institutions must Green Bancorp to Acquire guaranteed loans provide options for retain at least five percent of the loan Opportunity in Richardson borrowers requiring substantial funding. unless they are leaving the lending Lower risk associated with the program(s). Green Bancorp, Houston, announced guaranteed portion of the loans trans- While the profit potential and add- March 28 the signing of a definitive lates into higher lending volume be- ed portfolio flexibility has significant agreement to acquire Richardson- cause a federal guarantee lowers the upside, there are important operating based Opportunity Bancshares Inc. risk-weighting on capital. Also, an and accounting considerations that and its wholly-owned subsidiary, institution may receive Community must be weighed. These consider- Opportunity Bank, which operates Reinvestment Act (CRA) credit for ei- ations will be examined next week in one banking office in Richardson. As ther a small business or a community Part II of this series of December 31, 2011, Opportunity Q development loan, provided the loan Bank reported total assets of $52 mil- meets the geographic requirements of About the authors: Kevin Coffman lion, total loans of $31 million, and the CRA regulation. (713.559.6822 or kcoffman@psbplains. total deposits of $43 million. Green Liquidity and additional revenue com) is the SBA manager of Plains Bancorp operates Green Bank, N. A., While government guaranteed State Bank, an independent commu- which has three offices in Dallas. nity bank in Humble, TX, with offices loans can be wholly retained, some The transaction has been approved in Houston and Plains, and a Nation- banks elect to sell the guaranteed by the boards of directors of both ally Recognized SBA and USDA lend- portion to an active secondary market, companies and the stockholders of er. Bruce Zaret, CPA, (972.448.9232 collecting an immediate premium, Opportunity, and is expected to close or [email protected]) is a while retaining the right to service the in mid-2012. The transaction is sub- partner in advisory services. John Mi- loan and generate servicing fee rev- ject to certain conditions, including chael Jaramillo, CPA, (432.570.3064 enue. This lowers a loan portfolio’s receipt of customary regulatory ap- or [email protected]) is a asset base, increases income by the provals. The value was not disclosed. senior manager in assurance services. amount of the premium, and provides Opportunity Bancshares was ad- Zaret and Jaramillo are employed at more liquidity from the loan sale. Typ- Weaver and Tidwell, L.L.P., the largest vised in this transaction by Commerce ically, the retained unguaranteed por- independent accounting firm in the Street Capital, LLC, Dallas, as finan- tion becomes a higher-yielding loan Southwest with offices throughout TX. cial advisor Q Prosperity Completes The Bank Arlington Acquisition Prosperity Bancshares Inc., Houston, completed the previously announced acquisition of The Bank Arlington on April 1. Pursuant to the terms of the reorganization agreement, Prosper- ity will issue up to 135,389 shares of Prosperity common stock for all outstanding shares of The Bank Arlington capital stock, plus cash in lieu of frac- tional shares. The Bank Arlington operates one banking office in Arlington. Prosperity will now operate 32 banking centers in the Dallas-Fort Worth area. As of De- cember 31, 2011, The Bank Arlington reported total assets of $37.3 million, total loans of $21.3 million, and total deposits of $32.8 million Q Bank Failures (continued from Page 8) Fidelity Bank, Dearborn, on March 30 and appointed the FDIC as receiver. The FDIC entered into a P&A agreement with The Huntington National Bank, Columbus, OH, to assume all of the deposits and to purchase essentially all of the assets. The failure is the first in MI in 2012Q April 9, 2012 BANKERS DIGEST Page 9 C L A S S I F I E D ternal audit function? Our firm can Banker & Sr. Compliance NEEDED B a n k e r s D i g e s t help!! We provide administrative @ $100k+. Charles Gallamore, Bab- HOW TO CONTACT US guidance or training to your person- ich & Associates, charlie@babich. Mail responses to Box Number c/o nel or will handle all your internal com, 214/823-9999, #304. Bankers Digest, P. O. Box 743006, Dal- audit needs. Oversight, operational, SVP/COMMERCIAL LENDER need- las, TX 75374-3006. Fax: 214/221-4546. IT, regulatory compliance, FDICIA ed in OKLAHOMA CITY area with 7+ and SOX; we can assist your com- Phone: 214/221-4544. years lending and management ex- email: [email protected] pany in all facets of internal audit- perience. Open to relocation. Great Advertising rates are $45.00 for the first 30 ing. Call Bryan Kendrick to discuss opportunity. Donald Graff, Babich words; $10.00 for each additional 10 words at 210/413-4134 or e-mail bryan@ & Associates, [email protected] per insertion. Ads which use a Bankers Di- kendrickservices.com. PO 214-823-9999, #319. gest box number for forwarding responses will be charged $5.00 additional per inser- POSITIONS WANTED PASADENA/SE HARRIS CO.: Lending/ tion for postage and handling. Ads run on management opportunity with strong Bankers Digest website for the duration of EXPERIENCED CREDIT OFFICER. bank for highly-experienced, in-market the advertising agreement at no additional Performed successsfully (verifi- Commercial Lender. Mark Mitch- charge. Only Principals will be assigned able) as chief credit officer, in- ell, Lone Star Search, 972.335.9009, box numbers. Responses to Bankers Digest house loan review and work-out www.lonestarsearch.net. boxes are forwarded twice weekly. Advertis- specialist at Dallas area banks. ing deadline is Monday noon for following Top references. Available to work SAN ANTONIO - area community Monday’s publication. Bankers Digest makes as employee or contractor, part or bank seeks seasoned lending no representations or warranties for infor- full time. Resume and references and relationship managing mation, products, or services contained in provided upon request. Contact executive with generalist lending any advertisement herein or on our website. Myron T. Butler at 972-387-0292 or skills and ability to manage one or [email protected]. more branches. Knowledge of agri- cultural credits helpful, but not es- SERVICES sential. Business development and POSITIONS AVAILABLE administrative skills and the desire INTERNAL AUDIT OUTSOURCING: to be part of the community and se- Time to improve or develop your in- LOAN OPERATIONS MANAGER for nior management team will be im- Texas bank. 10+ years experience portant. Send resume in confidence with strong management in a commu- to bankersdigest@bankersdigest. nity bank. Good opportunity and com- com, subject line Box J-7. pensation. Sharon Emiliano, Babich & Associates, [email protected], $400M independent community 214/823-9999, #306. www.babich.com. bank in East Texas has an opening for a COMPLIANCE OFFICER. Must Your Source For Banking LENDER with book, Energy Inv. have compliance experience. Send Human Resources Assistance

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 April 9, 2012 C L A S S I F I E D resume in confidence to bankers [email protected], tunity for a CASHIER/OPERATIONS [email protected], subject subject line Box M-2. OFFICER. Responsibilities include line Box D-5. regulatory reporting, personnel Kilgore National Bank seeks expe- administration, and overall bank Branch Manager needed in the rienced COMMERCIAL LENDER for operations management. Position Dallas area: Strong community bank LONGVIEW market. Salary com- reports directly to bank president/ looking for an experienced candi- mensurate with experience. Send CEO. Experience should include date with an excellent track record resume to CEO, P. O. Box 9410, an accounting/finance degree or of sales and service. Successful ap- Kilgore, TX, 75663. related experience as well as finan- plicants will have a strong background in all areas of branch opera- Well-established, highly-capitalized cial institution experience. Resumes tions, bank products, and consumer Port Lavaca, TX, community bank should be submitted in confidence lending, as well as proven leadership seeks an AVP/VP level banker to to: bankersdigest@bankersdigest. abilities to develop an outstanding serve as LENDER and BRANCH com, subject line Box M-3. sales culture. Please send resume to: MANAGER of its SEADRIFT branch. Excellent benefit program. Sal- CONSUMER/LIGHT COMMERCIAL ary commensurate with experience. LENDER needed for growing com- Qualified candidates should submit munity bank in KERRVILLE, TX. their resume in confidence to Great opportunity and quality of life. [email protected]. College degree, community involve- ment, business development, 3-5 Independent, community bank in years lending experience required. the Panhandle region has an oppor- Send resume and salary requirements to [email protected].

A growing independent community bank located in McKinney, TX, has an opening for a LOAN OPERA- TIONS MANAGER. Ideal candidate will have 10+ years of relevant and current loan operations experience. Must have extensive knowledge of all loan operations processes with a minimum of 5 years supervisory experience managing a multi-tiered departmental structure encompass- ing numerous employees. Should posses expert level knowledge of all lending compliance. Excellent benefit package available. Apply on line CORRECTED WEB ADDRESS: www. independent-bank.com/careers. EOE.

First Texas Bank of Georgetown (28 miles north of Austin) seeks an experienced VICE PRESIDENT - LENDING OFFICER with a minimum of five years experience. Applicant needs experience in consumer, commercial, real estate, and inter- im construction lending. Qualified candidates should email resume with salary requirements to Human Resources at klong@firsttexasbank. com. First Texas Bank is an equal opportunity/affirmative action employer.

Strong regional community bank in Georgetown, TX, has immediate opening for an experienced Branch Services Manager. Successful candidate will possess

April 9, 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.

excellent leadership skills along with the ability to manage all as- pects of branch operations. Must have a minimum of five years banking experience with emphasis on branch operations coupled with 2+ years of management experience. Apply on line at www.independent-bank. com/careers. EOE

Community bank in Mineral Wells, TX, seeks a banker trained in business lending, including commercial real estate. This position within a fast growth environment in a rural setting west of DFW requires at least five years direct business lending and business development success. Send resume to [email protected] or call 940.325.9821.

CHIEF CREDIT OFFICER – SVP level credit & loan administration officer needed for a suburban northeast Houston, TX, area bank. Successful candidate will have a strong hands- on background in credit analysis, loan and credit information systems administration, lending regulations, loan policy development and loan review together with proven training and leadership abilities. Please submit your resume in confidence to: https://insperity.ats.hrsmart.com/cgi- bin/a/highlightjob.cgi?jobid=74152.

EQUIPMENT FOR SALE

For Sale or Lease: Modular Bank Buildings. Immediately available, 14’x66’ or 24’x66’. Texas coded facilities. Banking equipment Includ- ed along with drive thru. Contact Clint Werts at 888-800-8866, info@ nabsinc.com.

Page 12 BANKERS DIGEST April 9, 2012