The rise in prices caused by the attacks on Saudi Arabian oil installations should help banks recoup some losses from the 2016 downturn. Harder to gauge is the impact the price volatility will have on U.S. energy production and, in turn, loan demand.
The Plano bank, which is being sold to Prosperity Bancshares in one of the industry's biggest M&A deals this year, was also worried about credit quality, a regulatory filing shows.
The San Antonio bank has had little trouble hiring retail bankers to staff its new Houston branches, but it’s having a harder time filling IT and cybersecurity jobs at its headquarters, said CEO Phil Green.