texas

Merger scuttled, Texas bank charts new course

07/30/20

Now that its deal with Texas Capital has been called off, Independent Bank in McKinney plans to scale back or exit some commercial lines and will seek to duplicate its retail banking successes in Colorado.

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Texas Capital reports another quarterly loss on higher provision, job cuts

07/22/20

The Dallas company, which in May terminated a deal to merge with Independent Bank, set aside $100 million for worrisome loans and incurred severance costs after cutting an undisclosed number of positions.

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Energy lenders brace for more losses

07/13/20

Bankers had asserted in April that they could handle a slump in oil prices tied to the coronavirus pandemic. Continued volatility, combined with declining collateral values and a rise in bankruptcies for exploration companies, is denting their confidence.

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Three Texas banks planning to merge

06/30/20

Southwest Bancshares in San Antonio will have assets of $1.5 billion when it absorbs two affiliated banking companies in nearby cities.

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OCC, Texas bank enter into formal agreement tied to BSA compliance

06/19/20

CBTX in Houston must develop policies and procedures, along with a training program, to address deficiencies in its bank's compliance with the Bank Secrecy Act.

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Former banker pleads guilty for role in Texas bank's failure

06/09/20

Anita Gail Moody, who was president of Enloe State Bank, admitted to creating phony loan documents — and setting a fire to destroy them — before the bank was shuttered in May 2019.

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Find a buyer or a new CEO? What’s next for Texas Capital

05/26/20

The Dallas bank appears to be at a crossroads after its merger with Independent Bank Group was called off Tuesday.

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Texas Capital, Independent terminate $3 billion merger

05/26/20

Texas Capital said that Keith Cargill had also stepped down as its president and CEO.

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Texas banker returns to work after bout with coronavirus

04/14/20

Dean Bass, chairman and CEO of Spirit of Texas Bancshares, had taken a leave of absence after contracting COVID-19.

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Texas bank's leader takes leave after contracting coronavirus

04/08/20

Spirit of Texas Bancshares named an interim CEO for Dean Bass, though the company said he is recovering.

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