O'neil Elected CEO, First Financial Cleburne Morris Is Chairman In
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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, com- ing. 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 Follow Bankers Digest Mid-America Lender’s Conference August 13, 14, 15 On Facebook! Join us for topics on: ® SBA Updates from key SBA executives ANKERS IGEST B Established D 1942 SBA Training by leading professionals/SBA malc-conference.com A Weekly Bank News Magazine (USPS 041180) [email protected] Published weekly on Monday except fifth Mondays How to start an SBA Division at 9516 Bill Browne Lane, Dallas, Texas 75243 Copyright 2012 Bankers Digest® Secondary market trends BONNIE JAMISON BLACKMAN, Publisher/Editor R. GILBERT BLACKMAN JR., Managing Editor Plus much more P. O. BOX 743006 Hilton America's—Downtown, Houston Dallas, Texas 75374-3006 Phone 214/221-4544 Fax 214/221-4546 E-mail: [email protected] website: www.bankersdigest.com One year subscription rate: Print $37.00, Online $26.00; Both $50.00. Single copy $1.00 Opinions expressed by writers of bylined articles are not necessarily those of Bankers Digest. We make no representations or war- ranties for information, products, or services contained in any advertisement in this maga- zine or on our website. Editorial guidelines may be obtained upon request. Articles and photos may be submitted to above address. Periodical postage paid at Dallas, Texas POSTMASTER: Send address changes to ® Early Bird registration pricing until 5/1/2012—sponsor and exhibitor opportunities available Bankers Digest , P.O. Box 743006, Dallas, Texas 75374--3006 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 sev- eral types of guar- anteed loan pro- grams for small businesses and agriculture, the more prevalent include: (1) Small Business Admin- istration Loans Zaret (SBA), includ- ing 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 ac- quisitions, 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.