Arsement Is Chairman, Rayne State Bank Premier Commercial Bank

January 29, 2007 www.bankersdigest.com Volume 130, No. 5 First Community, Alamo Arsement Is Chairman, Premier Commercial City, Taps Galvin SVP Rayne State Bank Bank, Mesa, AZ, Opens B. Steve Davis, president of First Christopher C. Arsement has been Premier Commercial Bank Arizona, Community Bank San Antonio, TX, elected chairman of the board of direc- N. A., Mesa, opened for business on has announced that Billie J. Galvin tors of Rayne State Bank, Rayne, LA. November 10, 2006, at 1910 S. Stapley has joined the Former chairman Roland J. Guidry Dr. The full-service bank is a subsidiary bank as senior vice has retired after 31 years of service. of Premier Commercial Bancorp, Ana- president at the Guidry continues as an advisory board heim, CA. The bank has been capital- Stone Oak office at member and information technology ized with $10 million. 18450 Blanco Road consultant. Premier Commercial Bank CEO Ash at Loop 1604. She Arsement, a longtime Lafayette Patel has announced the bank was will relocate to the businessman, graduated from the Uni- co-founded by Steven Ellsworth, EVP Pacific Plaza office versity of Southwestern Louisiana in and COO; Denny Barney, director; and at 14100 San Pedro 1980 with a BSBA degree in accounting. Brent Payne, director. during January. He is a partner in the Lafayette CPA firm Ellsworth is a 20-year banker with a Galvin has over 25 of Arsement Redd & Morella. In addi- real estate securization and business years of banking experience, including tion to serving on the bank’s board, he development background Q 10 years in executive level credit is a trustee of the Louisiana Public Fa- management. She previously served cilities Authority and a board member Spears Joins Arvest as with TexStar National Bank, InterCon of the Louisiana Tobacco Settlement Bank, and Frost National Bank, all in Financing Corporation. Senior Vice President the San Antonio area. The bank has also announced that Robert Spears has joined Arvest Galvin is vice president of the San Paul Beaullieu, a Lafayette real estate Bank, Fayetteville, AR, as a senior Antonio Chapter of RMA and has served professional, has joined the bank’s vice president in the private banking as a board member. board. He is a fourth-generation bank department. First Community Bank San Antonio board member. He has been in real Spears has over 13 years of wealth is an $80 million-asset independent estate sales, management, and devel- management experience in banking, community bank Q opment in Lafayette for almost 20 years credit, trust, and investments. Before joining Arvest Bank, he was a private Bank of the Southwest in Roswell Promotes banking client manager for a wealth management firm for five years. Bertram to EVP, Porter & Hewitt to SVP, Five Others Spears graduated with a BS degree Ron Wiser, president/CEO of Bank president and division manager of the Please route this issue: of the Southwest, Roswell, NM, and Roswell region. current president of the New Mexico Jane A. Gray was promoted to as- Bankers Association, has announced sistant vice president and customer seven recent promotions and a rejoin- relations officer. In This Issue... ing officer. K. Andrew Hogan is now assistant Bank Economists Expect Solid Rick Bertram has been promoted vice president and information technol- Growth in 2007, Despite Housing to executive vice president and chief ogy officer. lending officer. Brent Poindexter is now assistant Drag Wanda Porter was promoted to se- cashier and operations officer. Feature...... 3 nior vice president and cashier. Shelagh B. Marzett has rejoined Georgia Hewitt was promoted to the bank as vice president and senior Charter Activity...... 8 senior vice president and division man- compliance officerQ ager of the Farmington region. Classified...... 9 John B. Naylor has been named vice p e o p l e TEXAS Frost Bank Promotes Region president, Frost Bank has Leigh Elected SVP, promoted Diane M. Six In San Antonio Murrell to senior First Security, Clifton According to Don Frost, San Antonio vice president, Chairman Rodney G. Joy and president/ t e l e p h o n e CEO Robert C. Phillips have announced customer service. that William Drew Leigh Jr. has been Murrell has elected senior vice president of First served with Frost Security State Bank, Cranfills Gap. for 30 years. Leigh currently serves as Clifton Brian Hunt was branch manager, cashier, and operations promoted to senior manager. He joined the bank six years vice president, ago as the internal auditor. trust investment Leigh is a graduate of Baylor management. He University with a BBA degree in finance. has served 13 years He has completed advanced studies at at Frost. the BOI operations school and TBA’s lending school. He is active in the RED BOOK Hunt earned a BBA degree in community. finance from Texas First Security State Bank, chartered in State University 1910, is an independent locally- owned and an MBA degree and operated community bank with $65 from Texas A&M, million in assets and branch locations Corpus Christi. in Clifton, Cranfills Gap, Meridian, and Also, Fela Gonzalez and Virginia Whitney Q Liesman were promoted to vice president, BSA compliance; Ricky cons- J. Trenz to assistant vice president, sumer credit, and Aileen Roel was promoted to assistant vice president

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Page BANKERS DIGEST January 29, 2007 F E A T U R E U. S. E C O N O M Y The housing sector will remain a drag outlook. Energy prices remain a wild on the overall economy, but secondary card. If the recent drop in oil prices Bank Economists Expect Solid effects should remain limited,” said is sustained, then the outlook for Brown. “We don’t expect the housing consumer spending will brighten. In Growth in 2007, Despite market weakness to put a serious dent addition, committee members differed Housing Drag in consumer spending.” on when the housing market would The EAC forecasts inflation-adjusted stabilize and some saw risks of a more Source: consumer spending to remain healthy substantial correction. News Release at 2.9% in 2007. The EAC meets in Washington, D.C., American Bankers Association “Tight labor markets should contribute twice per year to provide prespectives Washington, D.C. to higher wage growth in the near on the national and local economies to www.aba.com term, while lower energy prices have top policymakers. The group met with A f u r t h e r boosted consumer purchasing power the governors of the Federal Reserve contraction in significantly compared to a year ago,” Board and a member of the President’s homebuilding said Brown. “The positive impact of Council of Economic Advisors. w i l l l i m i t rising real incomes should offset the Members of the ABA Economic o v e r a l l negative housing impact on consumer Advisory Council are the following: e c o n o m i c spending.” •EAC Chair, Scott J. Brown g r o w t h i n The business sector is expected to • Scott A. Anderson, senior 2007, but the U.S. economy will have a good year, with business fixed economist,Wells Fargo Bank, N.A., remain relatively strong with contained investment rising by 5.9%, according to Minneapolis, MN inflation, low unemployment, and strong the forecast. Strong global growth will •Peter Hooper, chief economist, corporate balance sheets, the American be another source of support, with net Deutsche Bank Securities, New York, Bankers Association Economic Advisory exports adding to GDP growth for the NY Committee (EAC) said on January 19 in first time since 1995. •Dana B. Johnson, chief economist, a news release. The committee noted a number Comerica Bank, Detroit, MI “Residential construction will continue of upside and downside risks to the (continued on Page 12) to weaken in 2007, but its drag on the economy will lessen as the year goes on,” said Scott J. Brown, EAC chair and chief economist, Raymond James & Associates Inc., St. Petersburg, FL. He added that other sectors of the economy should continue to exhibit moderate strength. The EAC’s consensus forecast is the national economy will grow at an annual rate of 2.7% in 2007. Lower oil prices and below-potential economic growth will help underlying inflation settle under 2.5%. “With the unemployment rate edging up and inflation expectations contained, SHAY + SPOT COLOR the EAC expects no change in Fed policy over the next several months,” said Brown. He noted, however, the committee members were divided over what action the Fed might take in the second half of 2007. According to the committee’s forecast, national home sales will bottom-out by the middle of 2007, with residential construction activity continuing to decline into the second half of the year. This combination will help bring balance back into the housing market before the end of 2007.

January 29, 2007 BANKERS DIGEST Page p e o p l e TEXAS Sahm Is EVP/CFO, Moskovitz Named Vice Watson to Lead Wealth Mgt, NorthStar Bank, Den- President, SNB Bank Austin First Bank & Trust, Lubbock NorthStar Bank of Texas, Denton, Michael Moskovitz has been named Mitch Watson has joined First Bank & has announced that Randy Sahm is vice president of healthcare banking Trust, Lubbock, as president of the newly now executive vice for SNB Bank of Austin at the 3600 created Wealth Management Group. president and CFO. Bee Cave Rd. office. He has 12 years Previously, he served with Wells Fargo He joined the bank of senior management responsibility Bank where he managed a private client in 2004 following his in medical group practice administra- services division covering Texas, New service with Bank of Mexico, Arizona, and Nevada. He serves Texas, United Texas Yonish Joins Bank of Texas, at the bank’s 3405 22nd St. branch. Bank, and Founders Sugar Land Market Chm Watson has nearly 15 years of financial National Bank, all Frank Yonish has joined Bank of Texas services experience, including the past in the Dallas area. N.A., Dallas, as chairman of the Sugar five years centered in investments and Earlier, he served Land and Fort Bend County markets brokerage supervision. as a national bank examiner for the Watson earned a BBA degree in finance OCC. Hengst, Murff to Lead Post at Texas Tech University, and he is Robert Butts has been named vice Oak’s Newest Houston Brch pursuing a CFP certificationQ president of accounting. Post Oak Bank, Houston, has selected Keith Ann Pate was appointed the following to staff its newly opened assistant vice president in credit location at 13111 Northwest Freeway: Retired West Bank & Trust administration. Donald Hengst and Tom A. Murff, President/CEO Langford Dies Dave Randolph is a new technology executive vice presidents; Dolores officer.Becky Michael has been named Edwards and Judy Worrell, lending Grady H. Langford Jr., of West, died on banking officer, P & E lending. Lisa assistants; Dianna Cabrera, new ac- December 20, 2006, at his home. He was Miller is now a business development counts representative; and Roland 83 years old. He served as president/CEO officer for South Denton DeJean, teller/collections of West Bank & Trust from 1968 until his Q Q retirement in 1993. He continued to serve as vice chairman Need Low Risk, High NIM of the board of directors until his death. Construction Participations? Langford graduated from Baylor University with a BBA degree in finance BMC Construction Lending and BMC Capital work and economics in 1953, a masters with more than 100 banks annually to help them real- degree in finance in 1955, and from ize their profitability goals. the Southwestern Graduate School of Banking at SMU. We are a leading provider and servicer of participations He began his professional career as a teacher with Baylor in the Hankamer to regulated lenders for high quality construction loans in School of Business. He continued as the Southwest and nationwide. a professor on a full-time basis until he began his banking career in 1964 at Over the past 15 years, we have provided billions National City Bank in Waco, and on a in assets for our banking partners. part-time basis afterward. He served as a vice president and commercial lender Call us to learn more about how your institution can par- for the bank until 1968 when he and ticipate alongside other lenders on these loan George B. Graves Jr. formed a partnership opportunities. and purchased the controlling interest in West Bank &Trust in West. Typical yields range from Langford served on the TBA board and Prime to Prime +1 on numerous other banking committees and local boards. For more information please contact He is survived by his wife, Marcheta Langford, and his daughter, Laura John O’Shea, CEO (Langford) Lankford, CPA, who serves 214-580-1120 as president of West Bancshares Inc. or visit www.bmccl.com and vice chairman of West Bank & Trust, where she has served since 1996 Q

Page BANKERS DIGEST January 29, 2007 p e o p l e LOUISIANA Restel Is SVP/CCO, IBERIABANK, Lafayette Anthony Restel has been named senior vice president and chief credit officer at IBERIABANK, Lafayette. He will main- tain his current responsibilities as chief financial officer for IBERIABANK. Restel joined IBERIABANK in 2001 as treasurer for the organization. Prior to joining IBERIABANK, he served as vice president in the energy and utilities group as a commercial lending officer for Bank One Louisiana. He began his banking career with First National Bank of Commerce in New Orleans as part of the corporate banking team in the energy group. Restel is succeeding Michael Brown as chief credit officer, as Brown takes on management of the Arkansas franchise and all of the markets of IBERIABANK APORIA Corporation Q

Robinson Joins Citizens Na- tional of Vivian as VP Randy Robinson has joined Citizens National Bank & Trust Co. of Vivian as a vice president. Robinson will serve as branch manager of Citizens’ new Northwood branch, scheduled to open this spring. He is temporarily serving at the 6330 Youree Dr. office in ShreveportQ

Retired Commercial National Shreveport EVP Holtsclaw Charles William “Bill” Holtsclaw died December 30, 2006 at his home. Born July 27, 1928, he was a graduate of Cen- tenary College. He began his career as a runner for Commercial National Bank, Shreveport, and rose through the ranks to become executive vice president. He served in that position until his retirement in 1990 after 44 dedicated years of service. After his retirement, he continued to serve as an elected member of the Commercial National Bank board of directors. He was extremely dedicated to his community and involved in many chari- table causes Q January 29, 2007 BANKERS DIGEST Page p e o p l e NEW MEXICO MISSISSIPPI ARIZONA Sims, Medina Promoted at Chaney Receives GSB at LSU Countrywide Bank, Phoenix, Bank of the Rio Grande Outstanding Faculty Honor Names Camino Exec VP Bank of the Rio Grande, N.A., Las Cru- Gulfport-based Hancock Holding Co. Countrywide Bank, N.A., Phoenix, has ces, has announced that Shannon Sims executive vice president and CFO named Fernando Camino executive has been named senior vice president Carl J. Chaney has vice president. The company also and COO, and David Medina has been been honored as named Camino president of Country- promoted to vice president, commer- the outstanding wide Investment Services Inc., Chan- faculty member cial lending. dler at the Graduate Q Sims has served 17 years in the bank- School of Banking ing industry, the past five at Bank of the at LSU. He recently M&I Bank Taps Klingen- Rio Grande. She is a 2005 graduate of received the T. Eu- the Graduate School of Banking at the berg Branch Manager in gene Spragens III M&I Bank, Arizona region, Phoenix, University of Wisconsin at Madison. President’s Award has announced the promotion of Karl Medina has been in banking since in recognition of 20 Klingenberg to branch manager of the 1995 when he joined First National years service and 3100 W. Indian School Rd. office Bank of Dona Ana County, Las Cruces. his commitment to educational ex- Q He also served with First Security Bank cellence in teaching a one-week bank and First Federal Bank before joining regulatory law course. Hague Named Rel Manager, Bank of the Rio Grande in 2004. He A University of Mississippi honors Compass Bank in Phoenix graduate with a banking and finance graduated from New Mexico State Compass Bank, Phoenix, named Mistie degree and a juris doctor, he received University and from the Western States the Mississippi School of Banking’s Hague relationship manager for the School of Banking. Distinguished Faculty Award and has company’s commercial real estate He is a graduate of Leadership Las been a longtime instructor at the Ala- division Q Cruces and is active in La Mesa Lions bama School of Banking. Chaney is a Club Q member of the Mississippi State Bar ARKANSAS and American Bankers Association. He also serves on the Ole Miss banking and Hot Springs Banker Sanders Dies January 1st OKLAHOMA John William Sanders Jr., 46, of Hot Springs died January 1, 2007, at his Coppermark Bank Reports home. He was born January 28, 1960, Recent Appointments and raised in Pine Bluff. He graduated Coppermark Bank, Oklahoma City, has from SMU with a double major in ac- announced that Rhonda Strider was counting and economics, and began elected vice president and director of his career in banking with the OCC in human resources. She has 25 years IBT Tulsa, OK, in 1982. of human resources experience in He joined Worthen Banking Corpora- banking, previously serving with Local tion where he remained in commercial Oklahoma Bank. lending for many years in Little Rock Ramona Hamilton has been promot- and Hot Springs, before joining the ed to assistant vice president and retail former Horizon Bank in Hot Springs. manager. She will oversee retail deposit Sanders was an instrumental part and loan activities at the branch at of the start-up of Summit Bank of Hot 4631 NW 23rd St., Oklahoma City. The 20-year banker previously served with Springs in 2000. He was an executive IBC Bank in Oklahoma City. vice president of commercial lending Mandy Miller was promoted to as- at Summit Bank for six years. sistant vice president/credit analysis. In addition to his work, he was active She will serve at the branch locations in in his church and his community in Plano and Dallas, TX. She is a two-year youth baseball Q bank employee. Jeff K. Russell was elected to the Your bank’s news board of directors. He is an executive could be here! vice president and chief credit officer See Page 2 for with 30 years of banking experience, 28 the details. of them with Coppermark Q Page BANKERS DIGEST January 29, 2007 N E W S W A T C H TEXAS LOUISIANA Kleberg Bank Completes First Guaranty Bank Agrees Livingston Parish, one of the fastest- To Buy Homestead Bank growing parishes in the state. First Commerce Merger The deal will also strengthen First Officials with Kleberg National Bank, Hammond-based First Guaranty Bank Guaranty’s deposit base in Amite and Kingsville, announced January 5 the has an agreement to buy Homestead Hammond, and should make it the fifth- completion of a merger with First Bancorp Inc., which owns Ponchatoula- largest state bank in Louisiana. Commerce Bank of Corpus Christi. based Homestead Bank, for about $13 The combined financial institution First Commerce Bank will continue to million in cash or $17.60 per share, ac- will have approximately $863.6 million operate under a separate charter for cording to an article in The Advocate. in total assets, $579.5 million in total about a month. By May, the four First Michael R. Sharp, president and loans, $709.1 million in total deposits, Commerce Bank locations will become CEO of First Guaranty Bank and First and $57.6 million in shareholders’ eq- a part of the Kleberg Bank system. Guaranty Bancshares, said the deal uity, as of September 30, 2006. Joe Henkel, president/CEO of Kleberg will expand its presence into Walker in The combined bank will have two Bank, told the Corpus Christi Caller-Times locations in Hammond, three in Pon- the value of the acquisition was $30 ARKANSAS chatoula, two in Amite, and one each in Independence, Kentwood, Denham million. Arvest Bank Completes Ac- Kleberg Bank, founded in 1905, will Springs, and Walker. have 11 locations, including eight in quisition of Caney Valley The acquisition is subject to neces- Arvest Bank, Fayetteville, has com- Corpus Christi, four of those in H-E-B sary approvals and is expected to close pleted its acquisition of a bank holding grocery stores. in the second quarter. company based in Caney, KS. Homestead Bank was founded in Emmett Harris, president of First The merger with Caney Valley Banc- 1911. First Guaranty Bank was founded Commerce, will continue to serve with shares Inc. and its wholly owned sub- in 1934 Q Kleberg Bank as executive vice presi- sidiary, Caney Valley National Bank, dent and COO. Other First Commerce took place January 5. The bank has million in assets, has one office in officers and staff will remain and retain changed to the Arvest name. Montgomery County, KS, just across the titles they had before the merger Caney Valley National, with $43 the KS/OK border and in the Bartlesville

MPA

January 29, 2007 BANKERS DIGEST Page r e g u l a t o r s It has received applications by Capital Kelsey Appointed FDIC One, N.A., New Orleans, for branches: General Counsel C h a r t e r NEC Burbank and Lakes Blvd., Baton Rouge; (TX) 5005 Little School Rd., FDIC chairman Sheila Bair recently Arlington; SWC Nacogdoches Rd. & announced the appointment of Sara a c t i v i t y Pleasantville Rd., SEC Westover Hills A. Kelsey, deputy superintendent and & Culebra Rd., NEC Lockhill-Selma Rd. general counsel of the New York State Arkansas @ Huebner Rd., and SWC Broadway & Banking Department, as the agency’s CHARTERS Gulfmart Dr., San Antonio; 9005 Spen- new general counsel. The OFFICE OF THE COMPTROLLER cer Hwy., Deer Park. Douglas H. Jones has served as act- has announced OF THE CURRENCY New Mexico ing general counsel of the FDIC since national to state bank conversion: First BRANCHES the departure of former general counsel National Bank of Stuttgart to First Bank The OCC has received an application William F. Kroener in December 2005. of DeWitt, effective January 3. by Bank of the Rio Grande, N.A., Las Jones will return to his previous posi- BRANCHES Cruces, for a branch at 3500 Northrise tion as senior deputy general counsel The OCC has approved an applica- Dr., Las Cruces. of the legal division. tion by First National Bank of Eastern Texas Before joining the New York State AR, Marion, to relocate a branch from Banking Department in 1998, Kelsey 310 Judge Smith Dr. to 1381 Hwy. 64, CHARTERS The TEXAS DEPARTMENT OF was in private practice in New York, NY, Marion. and earlier she served 10 years with The Arizona BANKING has received an application for the conversion of Sovereign Bank, Chase Manhattan Bank. She began her BRANCHES regulatory career with the Board of Gov- The OCC has approved an application N.A., Dallas, to a state-chartered bank titled Sovereign Bank. ernors of the Federal Reserve System, by National Bank of Arizona, Tucson, Washington, D.C., where she handled for a branch at 14515 Granite Valley Dr., BRANCHES bank and bank holding company mat- Sun City West. The OCC has approved an application ters. It has announced that Wells Fargo by First Community Bank The Wood- She received a J.D. degree in 1976 Bank, N.A., Sioux Falls, SD, has with- lands, N.A., Tomball, for a branch at 21 from New York University School of Law drawn an application for a branch at Waterway Ave., The Woodlands. and graduated from the University of 6440 S. Higley Rd., Gilbert. It has approved an application by California at Berkeley in 1973. MERGERS AND ACQUISITIONS Woodforest National Bank, Houston, She is the past chair of the Subcom- The OCC has approved an application at 1599 Lake Robbins Dr., Ste. 100, The mittee on Legislation and Regulation by National Bank of Arizona, Tucson, Woodlands. of the Banking Law Committee of the for the merger of The Stockmen’s Bank, It has approved an application by West Kingman, with and into National Bank Texas National Bank, Midland, for 5401 of Arizona. W. Wadley Dr., Midland. MERGERS AND ACQUISITIONS Louisiana The TXDB has received an applica- The TXDB has received an applica- BRANCHES tion by Texas Champion Bank, Alice, The OCC has approved an application by International Bank of Com- for a branch at 1901 N. St. Mary’s St., merce, Laredo, for the merger of State tion by Whitney National Bank, New Beeville. Orleans, for a branch on Hwy. 73, Bank & Trust Company, Beeville, with It has approved an application by Dutchtown. and into International Bank of Com- First State Bank of Bedias for a branch merce, Laredo. at State Hwy. 21 at FM 2038 Rd., Kur- It has received an application by In- Slay Cashes Notes ten. ternational Bank of Commerce, Laredo, It has received an application by for the merger of Commercial State st 1 Liens on Real Estate Happy State Bank for the relocation of Bank, Sinton, with and into Interna- its branch from 819 Chicago to 312 E. 1-800-856-9400 tional Bank of Commerce, Laredo. Second St., Dalhart. It has approved an application by It has approved applications by Inter- Prosperity Bank, El Campo, for the NEED A national Bank of Commerce, Laredo, for merger of State Bank, La Grange with SUBSCRIPTION? MAKE A RE- branches at: 802 E. Houston, Beeville; and into Prosperity Bank, El Campo. NEWAL PAYMENT. 11002 Culebra Rd., San Antonio; 2130 It has approved an application by Visit Bankers Digest on-line: Culebra Rd., San Antonio; 713 W. Santa Prosperity Bank, El Campo, for the Gertrudis, Kingsville; and 2302 12th merger of Northwest Bank, Roanoke, www.bankersdigest.com with and into Prosperity Bank, El CHANGE AN Ave. NW, Ardmore, OK. Campo. ADDRESS OR NAME? It has received an application by NORTHSTAR BANK OF TEXAS, Denton, It has approved an application by email for the relocation of its branch from its Prosperity Bank, El Campo, for the [email protected] temporary location at 405 South Ave. D merger of Gateway National Bank, Dal- 214/221-4544 to its permanent location at 301 S. Ave. las, with Prosperity Bank, El Campo Q D, Burkburnett. Page BANKERS DIGEST January 29, 2007