George Martinez, CEO of Allegiance Bank Texas, Houston, announced Frank Law has joined the $881 million-asset bank as president and senior commer-cial lender for the Clear Lake Office to open soon. Law is a veteran community banker who has served business custom-ers in the Houston area since 1970. Most recently, he served more than six years as executive vice president and community division manager with

Home Bank, Lafayette, LA, added veteran banker Scott Ridley to its executive man-agement team as chief banking of-ficer. The bank has also reported that current chief lend-ing officer Darren Guidry has moved into the chief cred-it officer role. Ridley joins Home Bank with over 20 years of bank-ing experience, primarily with Capital One/Hibernia National Bank, where he led commercial and retail bank-ers across LA, including the markets served by Home Bank. He has a finance degree from the University of New Or-leans and is a graduate of the SW Graduate School of Banking at SMU. An active member of the communi-ty, Ridley has served on many boards

Volume 143, No. 15October 21, 2013

In This Issue...President Obama Nominates Yellen for Federal Reserve ChairFeature.............................................3

Proposed Flood Insurance Rule....8

Charter Activity.............................9

Classified......................................10

Please route this issue:

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Ridley Is Chief Banking Officer, Guidry Chief Credit Officer for Home Bank, Lafayette, LA

Published weekly on Mondays except fifth Mondays

Ridley Guidry Vance

Vance Upped to COO, Bank of the Ozarks, AR

Allegiance Bank Texas Taps Law Clear Lake Pres

Law

Tyler Vance has been promoted to chief operating officer (COO) at Bank of the Ozarks Inc., Little Rock, AR. Vance earned an accounting degree from Ouachita Baptist University in 1996 and began auditing banks as a staff accountant for Deloitte in Lit-tle Rock. He joined Community Bank of Cabot (now Centennial Bank) in 2001 and was its CFO when he joined Bank of the Ozarks as a SVP in 2006. In 2011, he was named chief banking officer. He was also named a member of Ar-kansas Business’ 40 Under 40 that year. Vance will retain his title as he adds a broad range of duties, including in-formation technology and security, retail banking, treasury management, deposit pricing, deposit operations, internal audit, marketing, and train-ing. In addition, he is responsible for oversight of Bank of the Ozarks’ bank-ing operations in AR and TX Q

of directors for non-profits, including the Istrouma Area Council of the Boy Scouts of America, Teach for America - South Louisiana, Junior Achievement of Greater Baton Rouge and Acadi-ana, and the Great-er Baton Rouge Community Clinic. Guidry has served as the bank’s chief lending officer since 1993. He has played a key role in the development of Home Bank’s credit culture, expan-sion into new markets, and employee recruitment. He will continue to be responsible for the mortgage lend-ing, retail brokerage, and special as-sets functions of the company. He has a bachelor’s degree in finance and an MBA degree from the University of Louisiana-Lafayette Q

Patriot Bank in Houston, and earlier served 14 years with Sterling Bank in Houston. During his career, he has been an active community leader in various organizations. He served 10 years as treasurer of Interfaith Caring Minis-tries of Clear Lake and as a director for the Clear Lake Area Chamber of Com-merce. Currently, he is a community liaison serving as the only non-scien-tific member of the board for IACUC for the University of Houston Clear Lake and NASA Johnson Space Center. Law has an executive MBA degree from the University of Houston and a BBA degree in management and fi-nance from Baylor University Q

Page 2 BANKERS DIGEST October 21, 2013

During IBAT’s recent convention in San Antonio, the 2013 IBAT Chairman’s Award

was presented to Charles M. Neff Jr., president/CEO of Integrity Bank in Houston by outgo-ing IBAT chairman Troy M. Robinson, Quitman banker who served as IBAT Chairman for 2012-2013. A 40-year career

banker, Neff has been active in IBAT affairs at the state and national lev-el for many years. He served as the 1995-96 IBAT chairman, when he was president/CEO of Houston National Bank Q

First Financial Trust & Asset Manage-ment Company, N. A., Abilene, an-

nounced the elec-tion of Bradley D. Brown as SVP, according to Kirk W. Thaxton, presi-dent/CEO of the Trust Company. “We are excited to bring trust ser-vices to the Gold-en Triangle area and with Brown’s

wealth management expertise, he will make an outstanding addition to our team,” said Thaxton. “He will office in our Orange location until we open our new location in Beaumont at 3515 Dowlen Road next spring,” he added. Brown, a longtime resident of Beaumont, holds a BBA degree in ac-counting from Lamar University and is a CPA. He also holds a General Se-curities Registered Representative li-cense, Uniform Securities Agent State Law license, and Uniform Investment Advisor license. He has been a prin-cipal of Beaumont’s Edgar, Kiker & Cross PC, a CPA and consulting firm, since 1991 Q

During the IBAT 39th Annual Conven-tion, IBAT President/CEO Chris Wil-

liston honored Debbie Scanlon, partner at BKD National Financial Services Group and lead of the financial services practice in Hous-ton, with the Pres-ident’s Award. The Trailblazer

Award was given by IBAT to Texas Rep-resentative Jose Menendez, D-San

At its 39th Annual Convention in San Antonio in late September, The In-

dependent Bank-ers Association of Texas (IBAT) welcomed former U.S. Senator Kay Bailey Hutchison, now senior coun-sel at Bracewell & Giuliani, as hon-orary chair of the IBAT Education Foundation.

Hutchison, who retired from the U.S. Senate in January 2013, has been a supporter and friend of IBAT since her time in the Texas Legislature and earlier when she campaigned for Tex-as State Treasurer. In this new role, she will help pro-mote the Education Foundation, the philanthropic arm of IBAT that funds initiatives to help community bankers create a more secure financial future for all Texans. The Foundation’s focus is on providing financial literacy pro-grams for consumers and students. Hutchison has been a strong ad-vocate for community bankers in TX and the community banking industry in general for many years. She worked closely with IBAT on banking legisla-tion affecting community financial in-stitutions during her Senate tenure Q

p e o p l e TeXAS

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Hutchinson Brown

IBAT Recognizes Neff With Chairman’s Award

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Brown Elected SVP, First Financial Trust

IBAT Honors Scanlon With President’s Award

Antonio, for his many years of support of TX community bankers, especially during the recent legislative session Q

October 21, 2013 BANKERS DIGEST Page 3

F e A T U R e

Excerpts from MediaBankers Digest

Dallas, Texas

R E G U L A T O R S

President Obama Nominates Fed Vice Chair Yellen for Federal Reserve Chair

B D

FEATURE

(continued on Page 9)Federal Re-serve Board C h a i r m a n Ben S. Ber-nanke will be handing over the keys to

the Fed’s vaults on February 1, 2014, at the end of his second four-year term. On October 9, President Barack Obama officially nominated current Federal Reserve Board Vice Chair Ja-net L. Yellen to chair the Federal Re-serve Board, subject to US Senate confirmation. Yellen, if confirmed, will become the first woman to run the Fed since its founding in 1913 during the President Woodrow Wilson Ad-ministration. Yellen is highly regarded for her formidable intellect, her long service at the Fed in monetary-policy and regulatory positions, and her consen-sus building abilities at Federal Open Market Committee meetings as well as behind closed doors. She has also supported the Fed’s unprecendented bond buying programs, known as quantative easing, and was a driving force behind a strategy adopted by the Fed in 2012 to set out the central bank’s goals on inflation and unem-ployment. She said in her statement at the official nomination, “I pledge to do my utmost to keep that trust and meet the great responsibilities that Con-gress has entrusted to the Federal Re-serve–to promote maximum employ-ment, stable prices, and a strong and sound financial system.” Yellen’s primary focus will likely be monetary policy and getting Ameri-cans back to work, banking experts said, but she is not expected to divert the Fed from its current course of in-sisting on robust bank capital levels

and risk reduction. She will probably go along with Fed Governor Daniel Tarullo and the Fed mainstream on regulation issues. Bernanke essentially summed up what many economists, observers, and Congressmen feel regarding the Yellen nomination saying, “President Obama has made an outstanding choice in nominating my colleague and friend Janet Yellen to chair the Federal Reserve Board. Janet is excep-tionally well qualified for the position, with stellar academic credentials and

a strong record as a leader and a poli-cymaker.” The Independent Community Bank-ers of America issued a statement on the nomination of Yellen saying she is a “strong choice for Fed chairman as she brings practical on-the-ground regulatory and administrative experi-ence to the chairmanship from her time as president of the 12th Federal Reserve Bank in San Francisco. Dr. Yellen understands community banks from the ground level and has an ap-

Page 4 BANKERS DIGEST October 21, 2013

Alan Morris has joined Liberty Capi-tal Bank, Addison, as senior vice pres-

ident of commer-cial lending. He joined the bank after more than 10 years of ser-vice with Bank of Texas, N. A., Dal-las. He began with the BOF Financial subsidiary bank in 2002 as a manage-

ment trainee and served four years as a business banker and five years as a corporate banker. He earned a BBA degree in finance from the University of Oklahoma. He serves on the board of trustees for The Dallas Opera and is treasurer of the OU Club of Dallas. Amber Barocco joined as vice president and commercial relation-ship manager. She most recently served as an assistant vice president with Sovereign Bank, Dallas, and ear-lier served with Regions Bank. She is a graduate of LSU Q

p e o p l e TeXAS

Morris

First Financial Weatherford Ups Davis to VP, Hires Smith

Morris Joins Liberty Capital Addison as SVP

Klauck Joins Woodhaven’s Ridglea Bank in Fort Worth

First Financial Bank, N. A., Abilene, has announced the promotion of Wendy Davis to VP and loan officer, and the hiring of Ron Smith as VP and mortgage loan officer and Shelby Fitzgerald as AVP in treasury manage-ment. The announcement was made by Jay Gibbs, president/CEO, Weath-erford Region. Davis began her career with First Financial in 1992 as a teller, was pro-moted to head teller and assistant cashier in 1994, AVP in 1998, and a VP of treasury management in 2004. She holds a BBA degree in accounting from Tarleton State University. She serves on the board of directors for the United Way of Parker County and is active with the Weatherford Cham-ber of Commerce. Smith, a graduate of Texas A&M University, has served in the mort-gage industry since 1981 in produc-tion, production management, and executive management capacities. He served on the statewide execu-tive board for the Texas Association of Mortgage Professionals for five years and served as its president from 2009 – 2010. He currently serves as a plan-ning and zoning commissioner for the city of Arlington.

Fitzgerald has more than 14 years of experience as operations manager for a credit card processing company Q

Wheless Named VP/CLO, Charter Bank Corpus Christi

Retired Fort Worth Banker Lee Arnold Smith Dies at 78

Woodhaven National Bank, Fort Worth, has announced that Tim Klauck has joined the Ridglea Bank location at 3325 Fairfield as vice presi-dent of commercial lending. He will focus on new business development with small and mid-sized businesses. Klauck has more than 23 years of business experience, including 16 years in financial services as a rela-tionship manager for small businesses and affluent families. He is a graduate of the United States Military Academy in West Point, NY, and served his early career in leadership positions in the military and manufacturing. Woodhaven National Bank is the largest locally-owned independent bank in Tarrant County (assets ex-ceeding $400 million) operating under the same continuous ownership since its inception in 1983 Q

Retired Fort Worth banker Lee Arnold Smith died on September 11 in Fort Worth at age 78. Smith was born in Silver Creek, NY, on June 22, 1933, and came to TX to attend SMU, where he graduated in 1958. He had a long and successful banking career during the 1960s-1980s at Bank of Commerce in Fort Worth, rising through the ranks to senior vice president. He enjoyed a lifelong love of sailing. After his retirement, he be-came involved in competitive sailing and co-founded a competitive sailing competition for high school sailors from CA and TX Q

Jay Wheless has joined Charter Bank, Corpus Christi, as vice president and commercial lending officer at the 3701 Saratoga location. He has seven years of local banking experience, recently with ValueBank Texas, and 30 years of business management experience. Wheless earned a bachelor’s de-gree in accounting from The Univer-sity of Texas at Austin Q

October 21, 2013 BANKERS DIGEST Page 5

p e o p l e

TeXAS

Armitage Named Manager, The Bank of the Rio Grande

Hatch and Osberg Join Washington Federal Phoenix

Meador Joins AdvisoryBoard for Cornerstone Bank

Ramirez, Siedhoff, Bergeron Join Whitney Bank in Houston

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Charles T. Cross, president/CEO, Cor-nerstone Bank, Eureka Springs, has reported the appointment of Alechia Meador to the local bank’s Berryville advisory board of directors. The life-long resident of Green Forest in east-ern Carroll County has been a partner of Meador & McCasland, CPA’s, in Green Forest for 11 years. Meador is a 2001 graduate of the College of the Ozarks in Branson, MO, with a degree in accounting and agri-business. Meador and her family were named Farm Bureau’s Farm Family of the Year in 2013 for Carroll Coun-ty and are currently finalists of the 2013 State Farm Bureau Achievement Award. She serves her community as trea-surer for the Green Forest Education Foundation Board. She also serves as Carroll County Farm Bureau Young Farmer and Rancher Committee co-chairman, and is a member of the AICPA and Arkansas Society of CPAs. Cornerstone Bank, founded in 1912, operates two locations in Eureka Springs, one in historic downtown and a financial center at 152 E. Van Buren; a financial center in Holiday Island; and since 2009, a financial center at 907 W. Trimble Ave. in Berryville Q

The Bank of the Rio Grande, Las Cru-ces, has hired Stephanie Armitage as branch manager of its Northrise bank-ing office at 3500 Northrise Dr. in Las Cruces. Armitage started her banking ca-reer as a teller in 2009 and was pro-moted to branch supervisor at The Bank of the Rio Grande Telsor Bank-ing Office in 2010. She left the bank in 2012 to work for The Community Foundation of Southern New Mexico. She earned a marketing degree from New Mexico State University Q

Washington Federal, headquartered in Seattle, has recently hired two bankers in the Phoenix market. Todd Hatch has joined the bank as assistant vice president and regional sales manager. He has 14 years of cor-porate banking experience, specializ-ing in financing of transportation and construction equipment. He earned a bachelor’s degree from Brigham Young University. Carl Osberg has been named busi-ness banking relationship manager. He has more than 10 years of busi-ness banking and lending experience. He previously served as a commer-cial lender at banks in the Washing-ton, DC, area. He earned a bachelor’s degree from Wake Forest University and an MBA degree from the Kogod School of Business at American Uni-versity Q

Whitney Bank has announced three recent hirings in the Houston market. Faustino Ramirez has been named vice president of commercial banking. He previously served eight years at Bank One and earned a business de-gree from Rice University. Jonathan Siedhoff has been named vice president of commercial banking, He joined Whitney earlier in 2013 and earned a BBA degree from SMU. Greg Bergeron has joined as an as-sistant vice president of commercial banking. He is a graduate of Texas A&M University Q

Comerica Taps Gonzales VP/Mgr, Higginbotham MgrComerica Bank in Houston has named Sandra Gonzales vice president and banking center manager of the bank’s Pearland banking center at 11151 Broadway St. Karen Higginbotham has been hired as banking center manager of Comerica’s Deer Park banking center at 1500 Center St. Q

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Page 6 BANKERS DIGEST October 21, 2013

BOK Financial, Tulsa, has named Jo-seph J. Crivelli SVP and director of investor relations. He will oversee all

aspects of BOK’s external and in-ternal communi-cations programs, including investor relations, employ-ee communica-tions, and public relations. He has more than 15 years of commu-

nications experience, as well as a ca-reer background in banking, treasury, and corporate finance. Prior to joining BOK, Crivelli was SVP of Gregory FCA, a top-50 public relations and investor relations firm based in the Philadelphia suburbs. He began his career as a commercial lender at PNC Bank, and later joined one of his clients, Penn Engineering

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Scheirman Named Vice Pres, Valliance Mortgage, Ok City

Carollo Named SNB SVP, Compliance/BSA

Valliance Bank, Oklahoma City, has named Dina Scheirman vice presi-dent of Valliance Mortgage. A long time Oklahoma City lender, Scheirman has over 15 years of mort-gage experience in all government and conventional loan products. She holds a BS degree from the University of Oklahoma and an MBA degree from the University of Central Oklahoma. She served as the 2012-2013 local president of the National Association of Professional Mortgage Women (NAPMW) and continues to serve as an active member. She is also an active member of the Okla-homa Mortgage Bankers Association (OMBA) Q

Crivelli to Lead Investor Relations, BOK Financial

Maureen E. Carollo has been ap-pointed senior vice president/Bank Secrecy Act (BSA) officer and associ-ate director for compliance for Stillwa-ter National Bank (SNB) in Stillwater. Carollo will oversee the BSA and anti-money laundering program for SNB and its parent company South-west Bancorp, and provide support for the bank’s compliance functions. She has 25 years of banking ex-perience, most recently serving as se-nior vice president for compliance and BSA officer for NBC Oklahoma Bank. She previously served at First United Bank, Republic Bank, and Sooner State Bank. The OK native holds an associates degree in finance from Oklahoma City Community College. She is a graduate of the SW Graduate School of Banking at SMU and the Graduate School of Compliance Risk Management Q

& Manufacturing Corp., as assistant treasurer. He graduated from Villa-nova University with a BS degree and earned an MBA degree from Drexel University Q

October 21, 2013 BANKERS DIGEST Page 7

N e W S W A T C HTeXAS

2013 IBAT Gold Award RecipientEndorsed Provider

CA Bank to Acquire Houston’s MetroCorp in $273 MM Deal

McCleary German Architects Celebrates 75th Anniversary: New name–MG Architects, Same Award Winning Philosophy

F&M Bank Opens Branch in Stephenville, Number Four

Houston's MetroCorp Bancshares, parent of MetroBank, has announced a stock and cash acquisition deal with Pasadena, CA-based East West Ban-corp Inc., according to an article in the Houston Business Journal by Emily Wilkinson and Olivia Pulsinelli. The companies said, according to an Associated Press news release, East West will acquire the outstanding shares of MetroCorp for the lesser of $14.60/share and 1.72x tangible eq-uity, for an estimated purchase price of approximately $273 million. Me-troCorp shareholders will receive two thirds of the consideration in stock and the rest in cash. East West Bancorp currently has a one branch office in TX. With this deal, East West will acquire Metro’s 13 TX branches in Houston (nine) and Dal-las (four) and six branches in CA op-erating under the Metro United Bank subsidiary. MetroCorp reports total assets of $1.6 billion, total deposits of $1.3 billion, and $854 million in total Houston deposits. MetroCorp co-chairman and presi-dent/CEO George Lee will join the CA banking company after the acquisition as senior adviser and chairman of its newly formed Texas Strategic Markets Advisory Council. The deal has been approved by both companies’ boards of directors and is subject to necessary regulatory approval and closing conditions. The deal is expected to close in the first quarter of 2014 Q

F&M Bank in De Leon has opened its newest branch office, number four, in Stephenville at 2653 W. Washington St., according to the bank's website. The bank opened in a temporary loca-tion with plans to start construction of a 3,000-square-foot permanent facil-ity. Joe Thompson, former Texas Bank-Stephenville president; Wesley Rose and Amy Troutman make up the F&M Bank Stephenville team Q

McCleary German Architects in Hous-ton is celebrating its 75th anniversary with a transformation that reflects both pride in its history and a renewed vision for the future: McCleary Ger-man Architects is now MG Architects. In 1938, McCleary German Architects founder Thompson McCleary set astandard for uncompromised ex-cellence in design, a standard thatthrived for more than three generations under the direction of his son DaleMcCleary and Bill German. In 1998, the firm welcomed new owners andprincipals Eric Batte and Scott Clanton who continue the signatureapproach to excellence.“While our brand is changing to reflect our ever-evolving suite ofarchitectural design services, what isn’t changing at MG Architects is justas important,” says Batte. MG Archi-tects continues to provide each ofits clients with the expansive resourc-es of a large firm, but also continueto enhance every project with di-rect, personal attention from projectconception to completion.Utilizing traditional architec-tural and design principles whileincorporating state of the art tech-

nology, MG Architects has createdinnovative, thought-provoking, and highly efficient spaces for more than1,100 free-standing bank projects, as well as multistory office, corporateinteriors, and retail and graphics proj-ects. “We remain passionately com-mitted to beautiful and sustainablearchitecture, intelligent and inspired project solutions, and uncommonservice excellence,” adds Clanton. MG Architects is proud to be the sole architecture firm endorsed by TheIndependent Bankers Association of Texas (IBAT). Accordingly, MG Archi-tects’ new identity was revealed toIBAT membership at the 39th An-nual IBAT Convention in San Antonio in late September. The firm’s architectural design of Freeport-based Texas Gulf Bank’s first ground-up branch in Friendswood won a 2013 IBAT Best of Community Banking Gold Award for architec-tural design. Using locally-sourced materials and design elements, the branch design accomplished the ar-chitect’s objectives of creating a brand identity reflective of the Texas Gulf Coast and the bank’s reputation for strength and stability since 1913 Q

Page 8 BANKERS DIGEST October 21, 2013

N e W S W A T C HoKlAHoMAReGUlATIoNS

Comments Requested on Proposed Flood Insurance Rule

Treasury Sells Spirit Bank-Corp Pref Stock at AuctionAbout $30 million in Bristow-based Spirit BankCorp’s preferred stock sold at a Treasury Department dutch auc-tion during a three-day period in early October for slightly more than $9.638 million to repay money Spirit owed un-der the Troubled Asset Relief Program (TARP), Capital Purchase Program. SpiritBank CEO Albert G. “Kell” Kelly Jr. said October 11 in an article in The Oklahoman (www.newsok.com) by Brianna Bailey that he did not know the identity of the winning bidder, and probably would not find out for an-other week. The auction releases the bank from its debt to the Treasury De-partment. “We are pleased that this ends our involvement with the Treasury and now we can get back to dealing with private investors—as we have for most of our history,” Kelly said. He said the stock sale will have no effect on the ownership of the bank. The bank, controlled by the Kelly family, gave the Treasury two series of preferred stock in exchange for $30 million in TARP funds. SpiritBank stopped making TARP repayments to the Treasury Department in 2010 at the direction of regulators who want-ed the bank instead to shore up its capital position Q

Five federal regulatory agencies are issuing a joint notice of proposed rulemaking to amend regulations per-taining to loans secured by property located in special flood hazard areas. The proposed rule, announced in an October 11 news release (www.fdic.gov), would implement certain provisions of the Biggert-Waters Flood Insurance Reform Act of 2012 (Biggert-Waters) with respect to private flood insurance, the escrow of flood insurance payments, and the forced-placement of flood insurance. Separate from the agencies’ joint pro-posal, Biggert-Waters also mandated other changes to the National Flood Insurance Program. The proposed rule would require that regulated lending institutions ac-cept private flood insurance as defined in Biggert-Waters to satisfy the manda-tory purchase requirements and solic-its comment on whether the agencies should adopt additional regulations on the acceptance of flood insurance policies issued by private insurers. In addition, the proposal would require regulated lending institutions to es-crow payments and fees for flood in-surance for any new or outstanding loans secured by residential improved real estate or a mobile home, not in-cluding business, agricultural, and commercial loans, unless the institu-tions qualify for the statutory excep-tion. The proposal includes new and revised sample notice forms and clauses concerning the availability of private flood insurance coverage and the escrow requirement. Finally, the proposal would clarify that regulated lending institutions have the author-ity to charge a borrower for the cost of force-placed flood insurance coverage beginning on the date on which the borrower’s coverage lapsed or became insufficient and would stipulate the circumstances under which a lender must terminate force-placed flood insurance coverage and refund pay-ments to a borrower. The agencies’ proposal would implement only the provisions of Biggert-Waters relating to the manda-

tory purchase of flood insurance over which the agencies have jurisdiction. Accordingly, regulated lending institu-tions should review Biggert-Waters for further information about revisions to the flood insurance statutes that will not be implemented through this rulemaking. The proposed rule is being issued by the Board of Governors of the Fed-eral Reserve System, the Farm Credit Administration, the FDIC, the NCUA, and the OCC. The public will have until Decem-ber 10, 2013, to review and comment on most of the proposal. For specific details, review an attachment: 166-page document–Loans in Areas Hav-ing Special Flood Hazards - PDF (PDF Help) Q

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Editor: Bonnie Jamison Blackman, 9516 Bill Browne Lane, Dallas, Dallas County, Texas 75243.

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2,200 2,200

1,521 1,484

168 167

0 0

0 0

0

1,689 1,651

No. copies of single issue published nearestto filing date

Average No. copies each issue during preceding 12 months

478 489

6 6

0 0

0 0

484 495

2,173 2,146

27 54

2,200 2,200

78% 77%

October 21, 2013 BANKERS DIGEST Page 9

R e G U l A T o R S

C h a r t e r

a c t i v i t y

Yellen (continued from Page 3)

F e A T U R e

LouisianaMERGERS AND ACQUISITIONS The FEDERAL RESERVE BANK OF DALLAS has filed a retroactive change-in-control notice by William E. Dorroh, Shreveport, individually and as trustee for the Stephanie D. O’Dowd Family Trust; Catherine B. Dorroh, Houston, TX; Walter E. Dor-roh Jr., Jena; Mary Elizabeth Dorroh, Jena; Tjaden O’Dowd Cox, Mobile, AL; John Michael O’Dowd Jr., Tuscaloosa, AL; and John Michael O’Dowd Sr., Mo-bile, AL, individually and as trustee for the George W. O’Dowd Trust and the Stephanie D. O’Dowd Family Trust, to control, acquire, and retain greater than 25% of Mansfield Bancshares Inc., Mansfield, and indirectly, Com-munity Bank of Louisiana, Mansfield.OklahomaMERGERS AND ACQUISITIONS The FEDERAL RESERVE BANK OF KANSAS CITY has filed a change-in-control application by Anne Gra-ham, as trustee of the Scott L. Graham Revocable Trust, Broken Arrow, to ac-quire control of First Broken Arrow Corporation, parent of First National Bank and Trust Company of Broken Arrow, both of Broken Arrow.TexasBRANCHES The OFFICE OF THE COMP-TROLLER OF THE CURRENCY has approved an application by Bank of America, N. A., Charlotte, NC, to relo-cate a branch at 4901 Bosque Blvd. to 1100 N. Valley Mills Dr., Waco. The OCC has approved an appli-cation by Wells Fargo Bank, N. A., Sioux Falls, SD, to relocate a branch at 9100 Woodway Dr. to 8900 US Hwy. 84, Waco. The TEXAS DEPARTMENT OF BANKING has updated a branch-flip application by United Bank of El Paso del Norte, El Paso, to relocate its home office from 401 E. Main back to 125 Mesa Hills Dr., El Paso, and to

maintain a branch at 401 E. Main.MERGERS AND ACQUISITIONS Grant Scott, as trustee of the Vot-ing Trust Agreement, is submitting an application to the GOVERNORS OF THE FEDERAL RESERVE SYS-TEM seeking permission to become a registered Savings and Loan Hold-ing Company in connection with the transfer of greater than 5% ownership interest in NexBank Capital Inc. to the Voting Trust. NexBank Capital Inc. is the parent bank holding company of NexBank, SSB, Dallas. WCM Holdings Inc. and WCM Parkway Ltd., both of Dallas, are sub-mitting an application to the GOV-ERNORS OF THE FRS seeking per-mission to acquire a greater than 5% ownership interest in Veritex Holdings Inc., the parent bank holding company of Veritex Community Bank, Dallas. The OCC has approved an appli-cation by Frost Bank, San Antonio, to merge with Western National Bank, Odessa, the resultant bank will be Frost Bank Q

preciation for the unique business model of community banks and the valuable role they play in the growth and economic vitality of the com-mmunities they serve.” If confirmed, Yellen will be facing many challenges from the get-go. She will be steering the debate within the Fed about winding down the $85 bil-lion-a-month bond buying program, leading discussions about when to be-gin raising short-term interest rates, overseeing the completion of regula-tions mandated by the Dodd-Frank Act, continuing to tweak the Fed’s com-munications strategy that she helped Bernanke craft, among others. She will have to provide steady leadership just as the Fed experiences an unusual amount of turnover, up to four vacan-cies on the seven-member Fed board. When asked if Yellen could handle the many challenges she will face, Greg McBride, senior financial analyst at Bankrate.com, said,”You want your Fed chairperson to be cool, calm and collected, with a steady hand. Yellen is certainly that.” Good luck! Q

Page 10 BANKERS DIGEST October 21, 2013

C l A S S I F I e D

POSITIONS AVAILABLE

WEST TEXAS LOAN OFFICER to help grow and manage branch. Good op-portunity to grow with stable bank. Sharon Emiliano, Babich & Associ-ates, Sharon@babich.com, 214-823-9999 #306, www.babich.com.

HOUSTON – Sr. Commercial Lend-er…middle market, C&I, Kevin Maynes, Babich & Associates, Kevin@Babich.com, 214-823-9999 #312.

FORT WORTH MARKET MANAGER: Well-respected, local generalist Com-mercial Lender needed to partner with expanding Independent Bank in es-tablishing and growing strong FW pres-ence. Mark Mitchell, Lone Star Search, 972.335.9009, www.lonestarsearch.net.

COMMERCIAL LENDER: Community Bank position in East Central Texas will inherit portfolio and great career

path. Mark Mitchell, Lone Star Search, 972.335.9009, www.lonestarsearch.net.

$400M independent community bank in East Texas has an opening for a COMPLIANCE OFFICER. Must have compliance experience. Send resume in confidence to bankers digest@bankersdigest.com, subject line Box D-5.

BANK SECURITY EQUIPMENT SALES: Growing company seeking self-starting AREA SALES MANAGER based in San Antonio selling to banks and credit unions the company’s CCTV systems, physical security equipment, alarms, and service contracts. Excel-lent benefits, training, and support from this Dallas-based company. See securitytexas.com and iris-dvs.com. Experience in this field is required, college preferred, and computer, writ-ing, and speaking skills are required. E-mail dwood@securitytexas.com.

COMMERCIAL LENDING OFFICER needed for growing community bank in the Denton County area. Please re-spond to skozak@accessbanktx.com

First Bank & Trust Co. is seeking a CREDIT ADMINISTRATOR. Bach-elor’s degree in accounting, finance, business, economics or related field. Previous banking experience in areas of loan review, credit analysis, loan administration, lending, loan regula-tory compliance, credit underwriting

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October 21, 2013 BANKERS DIGEST Page 11

C l A S S I F I e D and accounting. Full time, excellent benefits package. See our website for full job description www.fb247.com Apply in person at 1015 West Main Duncan, OK, or send application to Human Resources, P.O. Box 580, Duncan, OK 73534. EOE M/F/D/V.

First Bank & Trust Co. is seeking an ASSET RECOVERY MANAGER. High school diploma or equivalent re-quired; college degree preferred. 3-5 years previous banking and or related experience in position of loans/cred-it; supervisory and leadership pre-ferred. Full time, excellent benefits package. See our website for full job description www.fb247.com Apply in person at 1015 West Main Duncan, OK, or send application to Human Resources, P.O. Box 580, Duncan, OK 73534. EOE M/F/D/V.

First Bank & Trust Co. is seeking a NETWORK SPECIALIST. Must have Minimal MCP or A+ and Network+, or comparable IT certification (Certifi-cation may be waived with more than 2 years of direct IT Helpdesk expe-rience or 3+ years of IT related col-lege credits combined with 1+ years of customer service experience). Basic understanding of eDirectory, Networking concepts, & TCP/IP, and experience with desktop and server operating systems, Microsoft Win-dows XP/7/8. Full time, excellent ben-efits package. See our website for full job description www.fb247.com Apply in person at 1015 West Main Duncan, OK, or send application to Human Resources, P.O. Box 580, Duncan, OK 73534. EOE M/F/D/V.

LOAN ADMINISTRATIVE ASSISTANT position available. Worthington Na-tional Bank, Tarrant County, TX, is seeking a lending assistant with at least 3 years experience in both com-mercial lending and consumer lend-ing. Experience in loan documenta-tion, loan closing, customer service with all loan and deposit products is preferred. Experience in open-ing deposit products a plus. Please email resume to Sammie Slocum at sammieslocum@worthington bank.com

HAPPY STATE BANK, a $2.5 billion bank in West Texas, is seeking a COMPLIANCE OFFICER. The success-ful candidate will have a four-year college business-related degree, a minimum of 3 years Compliance Offi-cer Management experience (prefer-ably at a large bank), and CRCM cer-tification. Strong communication and interpersonal skills, as well as proven leadership abilities are a must. Please complete an application and submit a resume at www.happybank.com.

RELATIONSHIP MANAGER/LENDER: Established bank is seeking an experi-enced candidate with strong commu-nity leadership and business develop-ment skills to assist in establishing and growing strong market share in the AUSTIN, TX, area. Commercial lend-ing experience and proven leadership skills are required. Competitive com-pensation and benefits. Please send resume to bankersdigest@bankersdi gest.com, subject line Box O-1.

EXPERIENCED LENDING OFFICER needed for $115M bank in Sanger, Texas. Must be experienced in all types of loans with an aggressive marketing personality. Excellent op-portunity for advancement with this organization. Please send resume to Margaret Long, Sanger Bank, P.O. Box 1029, Sanger, TX 76266. Fax 940-872-9601, margaret.long@sangerbank.com

RELATIONSHIP MANAGER/LEND-ER: Established bank is seeking an experienced candidate with strong community leadership and busi-ness development skills to assist in establishing and growing strong market share in the HOUSTON, TX, area. Commercial lending experi-ence and proven leadership skills are required. Competitive compen-sation and benefits. Please send resume to bankersdigest@bankers digest.com, subject line Box O-2.

New Mexico bank seeks full-time SPE-CIAL ASSETS OFFICER (SAO) to work out a small but significant dollar per-centage of classified and OREO loans. Once that task is completed, the posi-tion will transition into a CHIEF CRED-IT OFFICER (CCO) OR COMMERCIAL LENDER (CL) depending on the need

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at that time. The SAO position requires a thorough understanding of problem loans and the ability to relate that in-formation to the board, management, and regulators. Salary commensurate with experience. Please respond to bankersdigest@bankersdigest.com, subject line Box O-3.

COMMERCIAL LENDER needed to manage and grow an existing port-folio for an independent, community bank in Marble Falls, Texas. Find more information and apply online at www.abtexas.com.

First United Bank is seeking an AG LENDER with good business de-velopment skills for our Seminole Banking Center. Previous lending experience preferred. Business or ag business/economics degree pre-ferred. Excellent computer skills, strong written and oral communica-tion skills, ability to multi-task, ex-tremely well organized, detail ori-ented. Knowledge of agricultural credits a plus. Please email resume and salary requirements to can-drews@firstunited.net

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