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March News Briefs
March 31, 2003
- Jeffrey Martin Named President and Director, Texas Savings Bank, Snyder, TX
- David R. Schaefer Named CEO, Southwestern Bank, Oklahoma City
- Craig Davidson Has Been Named SVP/CLO, American Gateway Bank (formerly the Bank of West Baton Rouge), Port Allen, LA
- Regions Financial Corp., Birmingham, AL, Has Been Named One of the Top 10 Most Admired Superregional Banks in the US by Fortune Magazine
- Gold Banc, Leawood, KS, Plans to Sell Helena and Wakita, OK, Branches to Farmers Exchange Bank of Cherokee, OK
- Vernon Bryant, President and CEO of TexasBank, Weatherford, TX, Named Chair of Finance Commission of Texas by Governor Rick Perry
- Bank of the Ozarks Inc., Little Rock, AR, to Buy River Vaslley Bank, Russellville
- Commercial banks and savings insitutions insured by the FDIC earned a combined $105.4 Billion during 2002, the first time annual earnings topped $100 Billion. The industry profitability yardstick Return on Assets (ROA) reached a new high of 1.31 percent, surpassing the old record of 1.25 percent reached in 1999. The FDIC reported that 11 FDIC-insured banks failed in 2002, and one FDIC-insured bank has failed year-to-date in 2003.
March 24, 2003
- Former LA Governor Buddy Roemer Named President and CEO of The Business Bank of Baton Rouge
- Arvest Bank Group Inc. of Bentonville, AR, to Acquire Mountain Bancshares Inc., Parent of The Bank of Yellville
- Joseph N. Petet Named Senior Vice President and Austin Regional Manager for the Corporate Banking Group of Guaranty Bank, Dallas
- Southwest Bancorporation of Texas Inc., Houston, Merging With Maxim Financial Holdings Inc., DIckinson, TX
- Guy M. Labbe Promoted to Executive Vice President/CFO, St. Martin Bank & Trust, St. Martinville, LA
- Bank of West Baton Rouge, Port Allen, LA, Officially Changes Name to American Gateway Bank
- Fiserv Inc., Brookfield, WI, Announces Agreement to Acquire Precision Computer Systems, Sioux Fallas, SD
March17, 2003
- Regions Bank Hot Springs, AR, Elects Ralph E. White Chairman, President & CEO, and Richard Gollon and Elizabeth Farris to the Board
- Prosperity Bancshares, Inc., Houston, to Acquire BankDallas, SSB
- MidFirst Bank, Oklahoma City, Hires Ross Hansen and Brian Gage as Private Bankers
- McMullen Bank, Tilden, TX, Promotes Marcy Mikolajczyk to SVP and COO
- Wells Fargo Bank New Mexico, N.A., Albuquerque, Names Richard Ziegner Regional Vice President to Head the NM Regional Commercial Banking Office
- Royce Moran Promoted to Victoria Region President, FirstCapital Bank, Corpus Christi
- Greg Wheeler Joins Bank of OK As SVP/Trust & PFS Mgr
- Hancock Bank of LA, Baton Rouge, Completes Purchase of New Orleans-based Dryades Savings Bank’s Metairie and Kenner Branches
March 10, 2003
- Brad S. Akin Elected President of Nixon State Bank, Nixon, TX
- Louisiana Bankers to Convene in San Antonio for 103rd Annual Convention & Exposition, March 13-15; Election of Officers Announced: President - Ed Middleton, President/CEO of Citizens Bank in Plaquemine; President-Elect - Guy Williams, Chairman, President/CEO of Gulf Coast Bank and Trust in New Orleans; treasurer - Clyde White, Chairman/CEO of Ouachita Independent Bank in Monroe; and Past-President - A. Hartie Spence, Chairman and President of Hancock Bank of LA, Baton Rouge
- G. L. Lieblong Named COO for Bank of Pocahontas, Pocahontas, AR
- Gayle M. Earls, President and CEO of TIB-The Independent BankersBank, Dallas, Has Been Appointed to the Federal Advisory Council
- First National Bank, Bryan, TX, Announces the Retirement of Vice Chairman William D. Barkley
- Cameron McKeel, President and CEO of Heartland Community Bank in Camden, AR, Resigns
March 3, 2003
- First National Bank, Winnsboro, TX, Promotes Jan Mills to President and Appoints Wade Satterwhite Senior Vice President
- In Albuquerque, NM, Tom Knutila Has Been Named Senior Vice Preident of the Private Bank at Bank of America
- Tommy Karr Has Been Promoted to Senior Vice President, Arvest Bank Springdale, AR
- Acadiana Bancshares Inc., LA, Shareholders OK Buyout Offer from Iberiabank Corp., New Iberia, LA
- First Bank & Trust, Lubbock, TX, Promoted Abel Castro to Executive Vice President, CPO and a Bank Director
- William D. Barkley, Vice Chairman of First National Bank, Bryan/College Station, TX, Retires
- Arthur Charles Verner, Retired First National Bank President/Vice Chairman, Lubbock, TX, and Former Tahoka Banker, Dies at 85
- FirstCapital Bank, Victoria, TX, to Move Main Office to Corpus Christi, TX
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