News Topic: texas

The agency has earmarked all funds from a Hurricane Harvey recovery package for direct relief, despite calls to get more bankers involved in the process. It remains to be seen how the agency will handle the cleanup for Hurricane Irma. ... Read full article

Texas bankers recovering from Hurricane Harvey are reflecting on their experiences, identifying what went right and what they could do better. Their views could prove useful to Florida bankers hurriedly preparing for the nation's next big hurricane. ... Read full article

The long-term recovery for thousands of Texans whose homes were decimated by Hurricane Harvey rests with a Trump administration government outsider who wants his agency's budget cut by billions of dollars. ... Read full article

“You can’t serve the public if your employees are shell-shocked,” said one top banker, comments echoed by other institutions dealing with the aftermath of Hurricane Harvey. ... Read full article

The Houston company doesn't expect any material impact on its commercial-and-industrial book, though there is potential risk tied to residential mortgages. Management, meanwhile, has started rolling out programs to help customers recover. ... Read full article

Several banks and industry groups are pledging money to help bankers and their clients recover from the hurricane and its aftermath. ... Read full article

Their immediate effort is to ensure colleagues and clients are safe and that banking services are available to hurricane victims. The next big issue is preparing for the financial hit banks and customers will take from wind and water damage. ... Read full article

With Hurricane Harvey rapidly making its way toward the Texas coast, lenders and servicers have activated business continuity plans to accommodate pending transactions and provide options and support to existing borrowers affected by the storm. ... Read full article

Many financial institutions have activated their emergency centers, closed branches and stocked ATMs in advance of landfall. ... Read full article

The agency's statement comes as Tropical Storm Harvey gets closer to the Texas shore. ... Read full article

The Texas company agreed to buy Liberty Bancshares on the same day it completed its purchase of the $1 billion-asset Sovereign Bancshares. ... Read full article

The Texas company would add seven branches and more than $300 million of assets by acquiring Valley Bancorp. ... Read full article

The company's results benefited from its increased dealings in correspondent lending, while net chargeoffs tied to energy loans decreased during the second quarter. ... Read full article

While industry consolidation remains slow compared with previous years, certain regions are humming along with strong volume and improved pricing. Here’s a look at each region based on June 30 data from KBW and S&P Global Market Intelligence. ... Read full article

Deciding it had had enough of problem energy credits, Houston’s Green Bancorp shifted capital to Small Business Administration loans, increasingly popular among community banks because of the premiums they fetch from investors and Washington's ... Read full article

Oil prices are dropping again, but some lenders think now is the time to recommit to energy lending as long as they underwrite them a certain way for certain borrowers in certain regions. ... Read full article

The company will pay about $219 million for Diboll State Bancshares. ... Read full article

The Louisiana company's board has made it clear that independence is "not a God-given right" while charging new management with addressing energy loan issues, underwriting, capital and expenses. ... Read full article