Salazar Upped to EVP, Leist Promoted to SVP, Lay Is SVP ......Sulphur, and Jennings, LA. She now...
8
Carolyn Lay, who has served as vice president and regional retail man- ager for MidSouth Bank, Lafayette, LA, for the past six years, has been promoted to se- nior vice president and chief retail of- ficer. Lay replaces Dwight Utz, who left the bank in mid-2009 to serve as president/CEO of a bank holding company in NC. Lay, a 32-year banker, had been serving as interim chief retail officer since Utz’s departure. In her prior position as regional retail manager, Lay oversaw the bank’s locations in Lafayette, Lake Charles, Sulphur, and Jennings, LA. She now will provide strategic direction and day-to- day supervision for the retail sales and service of the bank’s 35 banking cen- ters in LA and TX. She has served with MidSouth Bank for 11 years, having initially managed the bank’s Oil Cen- ter branch in Lafayette Q Larry Allen, chairman/CEO of Peoples Bank, Lubbock, TX, has announced the promotions of Stephen Leist to senior vice presi- dent and Caleb Bright to banking officer. Leist, a lending officer at the 82nd St. main office, has served with Peo- ples Bank for more than eight years. He began his service as a part-time teller and has served in the credit department and as bank auditor. He is a 2002 gradu- ate of Texas Tech University and earned an MBA degree from Wayland Baptist University in Lubbock in 2006. Bright, an ag lender in the Naza- reth office, joined the bank in 2008 as a credit specialist. He has more than 10 years of banking and business ex- perience. He is a 2008 graduate of Tex- as Tech University where he earned a BS degree in agricultural and applied economics Q Community 1st Bank Las Vegas, NM, has promoted Senior Vice President Ernesto J. Salazar to executive vice president. For the past five years, Salazar has served as senior lend- ing officer and as a member of the bank’s board of directors. He will continue to lead the loan depart- ment and focus on credit administra- tion. The Las Vegas, NM, native is a graduate of Western States School of Banking, ABA Commercial Lend- ing and Graduate Lending programs at SMU, and holds the title of CLBB from the Institute of Certified Bankers. He has served 18 years in banking, the last 16 focused on loan production and credit administration. Community 1st Bank also an- nounced that Deborah Romero has been named vice president of com- mercial lending. She joins the bank with over 15 years of banking experi- ence focusing on branch administra- tion and construction and real estate lending. She holds BA and MBA de- grees from New Mexico Highlands University. Ira Harge Jr. has also joined the bank as a real estate construction lending officer. He joins the bank with over 20 years of banking experience focusing on construction and real es- tate lending. He earned a BA degree from University of Denver and an MA degree from New Mexico Highlands University Q Volume 137, No. 5 August 2, 2010 In This Issue... Basic FDIC Insurance Coverage Permanently Increased to $250,000 Per Depositor Feature............................................3 Charter Activity ............................4 Classified.......................................5 Please route this issue: www.bankersdigest.com Salazar Salazar Upped to EVP, Community 1st in NM Leist Promoted to SVP, Peoples Bank Lubbock Lay Is SVP/Chief Retail Officer, MidSouth Bank Leist Lay Banks Is VP/Chief Opns Officer, Kirkpatrick Bank Robert Banks has been named vice president and chief operations of- ficer for Kirkpatrick Bank, Edmond, OK, according to Chairman Christian Kirkpatrick Keesee. Banks previously served as director of compliance and internal controls. He has 20 years of experience in audit, compliance, and bank operations. Banks is a graduate of the Uni- versity of Central Oklahoma and com- pleted the Certified Risk Professional (CRP) certification in 2002 Q
Transcript of Salazar Upped to EVP, Leist Promoted to SVP, Lay Is SVP ......Sulphur, and Jennings, LA. She now...
Carolyn Lay, who has served as vice president and regional retail man-ager for MidSouth Bank, Lafayette, LA, for the past six years, has been promoted to se-nior vice president and chief retail of-ficer. Lay replaces Dwight Utz, who left the bank in mid-2009 to serve as president/CEO of a bank holding company in NC. Lay, a 32-year banker, had been serving as interim chief retail officer since Utz’s departure. In her prior position as regional retail manager, Lay oversaw the bank’s locations in Lafayette, Lake Charles, Sulphur, and Jennings, LA. She now will provide strategic direction and day-to-day supervision for the retail sales and service of the bank’s 35 banking cen-ters in LA and TX. She has served with MidSouth Bank for 11 years, having initially managed the bank’s Oil Cen-ter branch in Lafayette Q
Larry Allen, chairman/CEO of Peoples Bank, Lubbock, TX, has announced the promotions of Stephen Leist to senior vice presi-dent and Caleb Bright to banking officer. Leist, a lending officer at the 82nd St. main office, has served with Peo-ples Bank for more than eight years. He began his service as a part-time teller and has served in the credit department and as bank auditor. He is a 2002 gradu-ate of Texas Tech University and earned an MBA degree from Wayland Baptist University in Lubbock in 2006. Bright, an ag lender in the Naza-reth office, joined the bank in 2008 as a credit specialist. He has more than 10 years of banking and business ex-perience. He is a 2008 graduate of Tex-as Tech University where he earned a BS degree in agricultural and applied economics Q
Community 1st Bank Las Vegas, NM, has promoted Senior Vice President Ernesto J. Salazar to executive vice president. For the past five years, Salazar has served as senior lend-ing officer and as a member of the bank’s board of directors. He will continue to lead the loan depart-ment and focus on credit administra-tion. The Las Vegas, NM, native is a graduate of Western States School of Banking, ABA Commercial Lend-ing and Graduate Lending programs at SMU, and holds the title of CLBB from the Institute of Certified Bankers. He has served 18 years in banking, the last 16 focused on loan production and credit administration. Community 1st Bank also an-nounced that Deborah Romero has been named vice president of com-mercial lending. She joins the bank with over 15 years of banking experi-ence focusing on branch administra-tion and construction and real estate lending. She holds BA and MBA de-grees from New Mexico Highlands University. Ira Harge Jr. has also joined the bank as a real estate construction lending officer. He joins the bank with over 20 years of banking experience focusing on construction and real es-tate lending. He earned a BA degree from University of Denver and an MA degree from New Mexico Highlands University Q
Volume 137, No. 5August 2, 2010
In This Issue...Basic FDIC Insurance Coverage Permanently Increased to $250,000 Per DepositorFeature............................................3
Charter Activity............................4
Classified.......................................5
Please route this issue:
www.bankersdigest.com
Salazar
Salazar Upped to EVP, Community 1st in NM
Leist Promoted to SVP,Peoples Bank Lubbock
Lay Is SVP/Chief Retail Officer, MidSouth Bank
Leist Lay
Banks Is VP/Chief Opns Officer, Kirkpatrick BankRobert Banks has been named vice president and chief operations of-ficer for Kirkpatrick Bank, Edmond, OK, according to Chairman Christian Kirkpatrick Keesee. Banks previously served as director of compliance and internal controls. He has 20 years of experience in audit, compliance, and bank operations. Banks is a graduate of the Uni-versity of Central Oklahoma and com-pleted the Certified Risk Professional (CRP) certification in 2002 Q
Page 2 BANKERS DIGEST August 2, 2010
Amegy Bank of Texas, N.A., Houston, has announced that Mike Park has recently joined the middle market banking division in Dallas as a se-nior vice president and commercial banker. He has more than 21 years of banking and fi-nancial experience in the Dallas area. Prior to joining Amegy, he served with Comerica Bank and most recently with Deloitte LLP. He has a BBA degree in accounting from SMU. Frank Medrano has recently joined
p e o p l e TeXAS
Cantu, Gleinser, Lofton Join TCB - San Antonio
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the middle market banking division in Dallas as a senior vice president and commercial banker. Previously, he was a senior vice president and commercial bank-ing relationship manager at JP Mor-gan Chase Bank, N.A., in Dallas, He earlier served as a vice president and commercial banking associate at Bank of America. He earned a BBA degree in finance from Texas Tech University and an MBA degree in corporate fi-nance from the University of Dallas Q
Texas Capital Bank, N.A., Dallas, has hired a team of experienced business bankers in the San Antonio market. Raul Cantu, Darlene Gleinser, and Daron R. Lofton along with support-ing members Lydia Contreras and Lupita Little have joined from Wacho-via Bank, where they worked as a team in the San Antonio market. Mark M. Johnson, regional chairman, made the announcement. Cantu, senior vice president, leads the business banking team for TCB -San Antonio Region. The 18-year banker is a graduate of Texas A&M University at Kingsville with a bache-lor’s degree in finance. Gleinser, a 40-year banker, will serve as a senior vice president and re-lationship manager. She is a graduate of the Bank Administration Institute at University of Wisconsin. Lofton, a 14- year banker, will serve as a senior vice president and rela-tionship manager. He is a graduate of The University of Texas at San Antonio with a BBA degree in accounting Q
Park and Medrano Join Amegy Bank in Dallas
Park Medrano
August 2, 2010 BANKERS DIGEST Page 3
F e A T U R e
Source:Federal Deposit Insurance Corporation
www.fdic.gov
DEPOSIT INSURANCEBasic FDIC Deposit Insurance
Permanently Increased to $250,000 Per Depositor
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On July 21, 2010, Presi-dent Barack O b a m a signed the D o d d - F r a n k
Wall Street Reform and Consumer Protection Act, (Act) which, in part, permanently raised the current standard maximum deposit insurance amount to $250,000. The standard maximum insurance amount of $100,000 had been tempo-rarily raised to $250,000 until Decem-ber 31, 2013. The temporary increase in the standard maximum insurance amount was effective from October 3, 2008, through December 31, 2010. On May 20, 2009, the temporary increase was extended through December 31, 2013. The FDIC insurance coverage limit applies per depositor, per insured de-pository institution for each account ownership category. To assist bankers, consumers, and others understand how the new law affects deposit in-surance coverage, the FDIC has infor-mation on deposit insurance on its website: www.fdic.gov and has a toll-free assistance line: 1-877-275-3342. The Act also made the standard maximum deposit insurance amount of $250,000 retroactive to January 1, 2008. The provision in the Act mak-ing the law retroactive means that the $250,000 deposit insurance amount applies to six banks that failed be-tween January 1 and October 3, 2008. This retroactive increase has reduced the number of uninsured depositors at these six failed institutions from more than 10,000 to approximately 500. In other related FDIC news, the agency’s board of directors on July 12 voted to revise its Memorandum of Understanding (MOU) with the prima-
ry federal banking regulators, the Fed, OCC, and OTS, to enhance the FDIC’s existing backup authorities over in-sured depository institutions that the FDIC does not directly supervise. The FDIC said the revised agree-ment will improve the FDIC’s ability to access information necessary to understand, evaluate, and mitigate its exposure to insured depository in-stitutions, especially the largest and most complex firms. FDIC chairman Sheila C. Bair said
about the revised MOU, “The agree-ment reached today strikes that rea-sonable balance between preserving the role of the primary federal regu-lator and providing the FDIC with the information that is critical to meeting our statutory responsibilities.” The revised MOU gives the FDIC backup supervision authority under an expanded list of circumstances. For more information concerning the major areas covered by the MOU, visit: http://www.fdic/news/board/2010July12no1.pdf Q
Page � BANKERS DIGEST August 2, 2010
C h a r t e r
a c t i v i t y
R e g U l A T o R Sp e o p l e
ARKANSAS
NeW MeXICo
loUISIANA oKlAHoMA
Marisa Reynolds, senior vice presi-dent and comptroller of Bank of the Rio Grande, Las Cruces, has been elected to the bank’s board of directors. Reynolds, an 18-year banker, is a graduate with honors from New Mexi-co State University with a bachelors in accountancy and from Western States School of Banking. She has served as a teller and in commercial loans, spe-cial assets and recovery, purchasing, and mortgage loans Q
Quail Creek Bank, n.a., Oklahoma City, has elected Jay Wilkinson to its board of directors Wilkinson, son of former OU football coach Bud Wilkinson, recently retired after a 37-year career in the financial services industry. He has held several senior executive management roles in major financial service companies dur-ing his career. Most recently, he was in Houston, TX, with the Variable Annuity Life Insurance Company (VALIC). He is a graduate of Duke University in Durham, NC, and of Episcopal Theo-logical School in Cambridge, MA Q
Lafayette-based Home Bank has pro-moted commercial banking manager Gary Broussard to senior vice presi-dent. The 33-year banker, eight with Home Bank, is re-sponsible for the commercial bank-ing sales in all of Home’s markets. He is a gradu-ate of the Univer-sity of Southwest-ern Louisiana and of the Graduate School of Banking at LSU. He is a past president of the Lou-isiana Young Banker’s Association. Special assets officer Steve Caillier has been promoted to vice president. He began his banking career in 1970 and has over 20 years’ experience in residential appraisals. He has served with the bank for nine years Q
Broussard Named SVP, Callier VP, Home Bank
SVP Reynolds Elected to Bank of Rio Grande Board
Wilkinson Elected Director, Quail Creek Bank, OK City
Davenport Is Bh Manager, Bank of Ozarks in BentonChristie Davenport has been pro-moted to branch manager for Bank of the Ozarks in Benton. She serves at the 1216 Hwy. 35 North location Q
Broussard
LouisianaBRANCHES The OFFICE OF FINANCIAL IN-STITUTIONS has filed an application by Community Trust Bank, Choudrant, for a branch at 605 Crescent Blvd., Ste. 101, Ridgeland, MS. The OFI has filed an application by Red River Bank, Alexandria, for a branch at 5868 Line Ave., Shreveport.TRUST POWERS The OFI has filed an application by IBERIABANK, Lafayette, requesting per-mission to exercise full trust powers.TexasBRANCHES The OFFICE OF THE COMPTROL-LER OF THE CURRENCY has received an application by Bank of Texas, N.A., Dallas, for a branch at 7600 Northwest Hwy., Dallas. The OCC has received an applica-tion by The National Bank of Texas at Fort Worth for a branch at 405 E. Com-merce St., Azle. The OCC has received an applica-tion by First National Bank, Edinburg, to relocate a branch from 2045 Forest Ln., Ste. 150, to 2301 Forest Ln., Ste. 102, Garland. The OCC has received an applica-tion by Wells Fargo Bank, N.A., to re-locate a branch from 9503 Jones Rd. to 9577 Jones Rd., Ste. 115, Houston. The TEXAS DEPARTMENT OF BANKING has received an applica-tion by First State Bank Central Texas, Austin, to relocate a branch from 119 E. Davilla to 201 E. Davilla, Granger. The TXDB has received an appli-cation by Fidelity Bank, Plano, for a branch at 10703 Preston Rd., Dallas. The TXDB has approved an appli-cation by Jefferson Bank, San Antonio, to relocate a branch from 211 N. Main St. to 357 N. Main St., Boerne.NAME CHANGE The OCC has announced that First National Bank of Midland has changed its name to FirstCapital Bank of Texas, N.A., Midland, effective July 1 Q
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for commercial lending portfolio de-velopment. Candidate will assist in selecting and managing future branch location in the Austin market. Email response to [email protected], subject line Box A-7.
BANK INTERNAL AUDITOR/COM-PLIANCE AUDITOR: Positions in Vernon, Azle, Grand Prairie, or Am-arillo, Texas. Must possess strong audit skills for financial, operations, and regulatory compliance audits. Call or send resume to Campbell Burgess, Herring Bank, [email protected], 806-242-3704.
COMMERCIAL LENDING POSI-TION: Coastal Commerce Bank based in Houma, Louisiana, is seek-ing a COMMERCIAL, REAL ESTATE, OR BUSINESS LENDER. Minimum 5 years commercial lending experi-ence with proven business develop-ment skills. The ideal candidate will possess strong analytical and credit underwriting abilities. Competitive salary and benefits. Send cover let-ter and resume to: P.O. Box 4177, Houma, LA 70361. EOE/AA.
First United Bank – LUBBOCK is seeking a FULL TIME LOAN REVIEW ANALYST to join our team. Responsi-bilities include reviewing the bank’s loan portfolio to assess the asset quality, identify problem loans, and ensure compliance with bank and regulatory policy. Requirements: Pre-vious loan review, credit analysis, or lending experience required. Email resume to: [email protected] or Mail resume to: PO Box 16500, Lub-bock, TX 79490. Smith County community bank seek-ing a LOAN PROCESSOR to be a key part of a fast growing home mort-gage program. Send resume and salary requirements to [email protected]. Great ground floor opportunity.
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PERIODICAL
State and federal banking regulators closed seven banks on July 23, and the FDIC was named receiver. The FDIC entered into a P&A agree-ments with seven different banks to as-sume all of the deposits/purchase assets of the following failed banks: Sterling Bank, Lantana, FL; Crescent Bank and Trust Company, Jasper, GA; Williams-burg First National Bank, Kingstree, SC; Thunder Bank, Sylvan Grove, KS; Com-munity Security Bank, New Prague, MN; SouthwestUSA Bank, Las Vegas, NV; and Home Valley Bank, Cave Junction, OR Q
Banks Fail in FL, GA, SC, KS, MN, NV, & OR; YTD Total 103
St. Louis, MO, based Enterprise Bank & Trust is expanding its Phoenix pres-ence with the purchase of $260 million in loan and real estate assets held by the AZ operations of failed Home Na-tional Bank, Blackwell, OK. The assets were acquired from the FDIC at 87.5% of their value as part of a loss-share transaction. President/CEO of Enterprise Finan-cial Peter Benoist, said in an article in the Phoenix Business Journal, “with this acquisition, our Arizona assets will approximate $300 million.” Q
Enterprise Bank Grows Phoenix, AZ, Asset Portfolio
Midland, TX, based First National Bank of Midland has changed its name, not its ownership or manage-ment, to FirstCapital Bank of Texas, N.A. The bank was established in No-vember 1998 as First National Bank of Midland. Today, the bank operates eight locations: four in Midland, two in Amarillo, and one in Lubbock. The bank previously operated un-der three different names in the Pan-handle markets it serves: First Nation-al Bank of Midland, First Texas Bank, and First Bank of Texas Q
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