Baum Joins Lamar National Bank as Commercial Lender, Cobb Appointed Vice President of Loan Operations/BSA Officer

H. Gregory Wilson, president and CEO of Paris-based Lamar National Bank, recently announced the following appointments. Alicia Baum has joined the bank as vice president/commercial lender. She will assist with Lamar National Bank’s expansion into the Plano/Frisco area. She brings 13 years of experience in commercial real estate acquisition, commercial construction, working capital lines of … Read more

Lamar National Bank Names New Chief Information Officer and Chief Compliance Officer

H. Gregory Wilson, president and CEO of Paris-based Lamar National Bank, recently announced two key appointments. Clay Baum has been named chief information officer and will be essential in developing Lamar National Bank’s strategic technology initiatives and driving future innovation efforts. He is an experienced technology professional who has spent the past 10 years in … Read more

Community Bankers Launch Ed. @ Your Desk Virtual Education Series

The Independent Bankers Association of Texas (IBAT) launched its Ed. @ Your Desk virtual education series on October 13. The program, part of the community banking association’s 2020 unCONVENTIONal virtual convention, will feature new sessions every Tuesday and Thursday through December 17. Ed. @ Your Desk will cover a wide range of topics, including accounting, … Read more

Liberty National Bank Chairman Philip Ridley Cecil Passes Away

Philip Ridley Cecil, chairman of Liberty National Bank, passed away peacefully on October 10 with his family nearby at Paris Regional Medical Center  in Paris, Texas, due to complications from COVID-19. He was 84. After earning a business degree from the University of Texas–Austin and then serving as a lieutenant JG in the U.S. Navy … Read more

Community Bank Optimism on Local Economic Health Ticks Up Slightly, but Concerns Remain

Community bankers are feeling slightly better about the health of their local economies, but still far short of their pre-pandemic level of confidence, the most recent Community Bank Sentiment Index (CBSI) reveals. The Conference of State Bank Supervisors released the third-quarter results in early October, collecting data from 334 community banks across the nation during … Read more

IBAT Kicks Off Fall Lineup of unCONVENTIONal Events

The Independent Bankers Association of Texas (IBAT) planned its 2020 Annual Convention for September 26–29 in Fort Worth. Then came COVID and plans changed. Now, instead of gathering in Fort Worth, the show is being held virtually. Instead of a week in September, the event is now spread out through the end of the year. … Read more

FDIC Launches Academic Challenge Focused on Community Banking

On September 18, the Federal Deposit Insurance Corp. (FDIC) announced the launch of the agency’s first-ever Academic Challenge, a competition among teams of university and college students to address questions concerning the U.S. banking sector. The topic for this inaugural challenge is “The Effects of Community Banks on Local Economic Development.” The FDIC’s Center for … Read more

Did the Paycheck Protection Program Funds Get to Small Businesses? A Study of the Role of Community Banks in Texas

MARK GRIFFITHS, Principal, MG2 Investments LLCMIKE MAULDIN, Director of the Excellence In Banking Program, Texas Tech UniversityDREW WINTERS, Pickering Chair in Finance, Texas Tech University EDITOR’S NOTE: This research paper was provided by the Excellence in Banking Program at Texas Tech University and provides documentation and valuable insights into the remarkable efforts of community banks … Read more

Texas Tech Today Article Focuses on Dire Need for Community Banking

An article published recently in Texas Tech Today addresses the tremendous need for community banking and notes the recent high volume of Paycheck Protection Program loans that were processed by community banks as one example of the importance of these financial institutions. The September 2 article by Glenys Young, titled “Researchers Warn Community Banks Are … Read more

Pandemic Banking: A Prologue to the Future

“What’s past is prologue.” —William Shakespeare, The Tempest I cannot see the future. Honestly, I am struggling to keep up with the present—but I am taking notes. These notes will serve as the prologue for a future in which there will be plenty of questions about what banks did or did not do to put … Read more