Louisiana’s BOM Bank to Acquire Nine American State Bank Locations in Texas

On March 15, Natchitoches, Louisiana-based BOM Bank announced that it has signed an agreement to acquire nine Arp, Texas-based American State Bank locations in Texas. These include American State Bank’s Haslam, Timpson, Center, Lufkin, Chestnut, Huntington, Chester and Conroe branches, as well as one soon-to-be-renovated location. The proposed transaction is expected to close in the … Read more

American State Bank Partners with NFL’s Mahomes to Accelerate National Expansion

On October 27, Arp-based American State Bank announced a partnership with Super Bowl-winning Kansas City Chiefs quarterback Patrick Mahomes as the bank looks to accelerate its expansion plans and digital transformation. As part of this buildout in the Lubbock, Amarillo, Plainview and Dallas/Fort Worth markets, Mahomes has become a significant stakeholder in American State Bank. … Read more

American State Bank Names Bowen Market President for Amarillo Region

Arp-based American State Bank has appointed Steve Bowen Amarillo region market president. The bank recently established loan/deposit production offices in West Texas and the South Plains. The Amarillo office is located at 801 S. Fillmore, Suite 205. “As a community bank committed to Texas, we’re starting with the right individuals to lead our markets and … Read more

Southwestern Graduate School of Banking Announces 2022 Graduates

The Southwestern Graduate School of Banking (SWGSB) at Southern Methodist University (SMU) in Dallas held its 2022 commencement on June 9 for the 62nd class. SWGSB Foundation trustee Brad Cheves, vice president for development and external affairs at SMU, gave the commencement address on executive education’s role in leadership development. John Hope Bryant, renowned entrepreneur, … Read more

American State Bank Expands to South Plains, Opens Loan Production Office in Lubbock

Tyler-based American State Bank recently expanded its footprint with the establishment of a loan production office in Lubbock, according to a report in the Lubbock Avalanche-Journal. This is the first of several planned expansion offices by American State Bank. The new office, located at 4010 82nd St., Ste. 110, will be led by Bud Holmes, … Read more