Texas Security Bank Taps Parkey as Chief Banking Officer

Dallas-based Texas Security Bank recently announced changes to its executive leadership team. Ben Parkey, the bank’s Dallas managing director/commercial central, has been promoted to chief banking officer. Parkey has more than 22 years banking experience as a leader and commercial banker. He joined Texas Security Bank in 2013 when the bank was just over $200 … Read more

Smith-Johnson Transitions to Manager of Treasury Management Group at WestStar Bank

El Paso-based WestStar Bank has announced the promotion of Giselle Smith-Johnson to vice president/treasury management group manager. She will lead a team of treasury management professionals in improving client experience, product development and risk management. Smith-Johnson has been leading and managing WestStar’s Paycheck Protection Program efforts since joining the bank in February 2021. “I am … Read more

A Comment on Implementing Section 1071 of the Dodd-Frank Act

BAILEY ALLEN, PhD Student, Rawls College of Business, Texas Tech University MIKE MAULDIN, Director of the Excellence in Banking Program, Texas Tech University DREW WINTERS, Pickering Chair in Finance, Texas Tech University The Dodd-Frank Wall Street Reform and Consumer Protection Act (hereafter, Dodd-Frank Act) was created—according to the first paragraph of the act itself: “To … Read more

Two Texas Community Banks Included in Independent Banker’s ‘Best Community Banks to Work For’ in 2021

Independent Banker magazine published its list of the 2021 “Best Community Banks to Work For” in its December issue. Five community banks across the U.S. made the list, each according to the bank’s asset size, and two of the five are headquartered in Texas: Corsicana-based Community Bank & Trust of Texas and Gainesville-based First State … Read more

Understanding the Reach of the SBA and Community Banks in Texas

MARK GRIFFITHS, Adjunct Professor, University of Southern California MIKE MAULDIN, Director of the Excellence In Banking Program, Texas Tech University DREW WINTERS, Pickering Chair in Finance, Texas Tech University EDITOR’S NOTE: This research paper—part three of a comprehensive look at the Paycheck Protection Program (PPP)—was provided by the Excellence in Banking Program at Texas Tech … Read more

Frost Bank Appoints Geddes San Antonio Region President

San Antonio-based Frost Bank announced on August 9 the appointment of a new San Antonio region president to succeed Marvin Rickabaugh, who will retire at the end of this year. Dan Geddes, the sales manager in Frost Bank’s Houston region commercial real estate group, has been appointed the new region president and will work with … Read more

Texas Community Bankers Included in Independent Banker’s 2021 ‘40 Under 40’ List

Independent Banker, the flagship publication of the Independent Community Bankers of America, recently published its third-annual list of “40 Under 40: 2021’s Emerging Community Bank Leaders.” According to the magazine, “The competition highlights young community bankers who stepped up to help their banks navigate a chaotic year. They delivered economic relief. They introduced new technology. … Read more

FDIC-Insured Institutions Reported Net Income of $76.8 Billion in First Quarter 2021

Reports from the commercial banks and savings institutions insured by the Federal Deposit Insurance Corp. (FDIC) reflect aggregate net income of $76.8 billion in first quarter 2021, an increase of $58.3 billion (315.3 percent) from a year ago. Aggregate negative provision expense, reflecting improvements in the economy and asset quality, drove the increase in quarterly … Read more

Building—and Rebuilding—the Texas Economy One Business at a Time

As COVID vaccinations increase and mask mandates subside, businesses are beginning to draw sighs of relief, hoping that the worst is behind us and the future brings some sense of normalcy. But there is no doubt that the past 14 months have been fraught with anxiety, not only for the health of our population, but … Read more

While You Were Taking Care of Your Customers

For more than a year, community bankers have been hard at work saving the nation’s small businesses via the Paycheck Protection Program (PPP). The effort has been nothing short of heroic—and, from what I am hearing, PPP didn’t just provide short-term income for community banks in 2020; the relationships earned with new customers in the … Read more