William P. “Pablo” Sanders took over as president/CEO of First Na-

tional Bank of Santa Fe, NM, on August 18, accord-ing to Jeanne Lipson, vice president and director of marketing. Sanders, who will oversee the First Na-

tional Santa Fe, First National Rio Grande, and First National Denver markets, has been chairman of the

Arvest Bank, Fayetteville, AR, an-nounced on September 1 the pro-

motion of Jim Cargill to president and CEO for the bank’s central AR market. Cargill cur-rently is presi-dent and sales manager for the market where he is r e s p o n s i b l e

for retail and consumer banking op-erations. He will succeed CEO John Womack who will retire on September 30. In his new role, Cargill will be re-sponsible for all aspects of banking operations and strategic direction for Arvest in central AR, including more

Dallas-based Hilltop Holdings Inc. has announced the appointment of

William B. Furr as CFO. In his new role, he will oversee all ac-counting and finance func-tions for Hill-top (parent of P l a i n s C a p i -tal Bank and P r i m e L e n d -ing) at the

holding company level. Darren Par-menter, Hilltop’s current principal financial officer, will move to the new role of chief administrative officer. “Will brings more than 15 years of ex-perience in banking and finance to our executive leadership team,” said Jeremy B. Ford, president/CEO of Hilltop. Furr joins Hilltop from Cleveland, OH-based KeyCorp where he served as executive vice president, commu-nity bank CFO, led KeyCorp’s financial planning and analysis group, and pro-vided financial support for KeyCorp’s support and administrative functions. Prior to his tenure at KeyCorp, Furr served in various financial leadership roles at Regions Financial Corpora-tion and Bank of America Corporation. Furr holds a BSBA degree in finance from the University of North Carolina at Charlotte and an MBA degree from the University of Chicago Q

Volume 148, No. 10September 12, 2016 www.bankersdigest.com

Cargill to Succeed Womack as CEO, Arvest Bank in Central Arkansas

Furr Tapped CFO, Hilltop Holdings Inc.

Furr

SECOND QUARTER INDUSTRYEARNINGS: $43.6 Billion Up 1.4%Feature...............................................3

In This Issue...

Published weekly on Mondays except fifth Mondays

Cargill

Sanders Assumes President/CEO Position, First National Bank of Santa Fe, NM

than 450 employees and 32 banking locations. Cargill is a native of Lewisville (La-fayette County) and a fourth-genera-tion banker who began his career at his family’s bank, First National Bank in Lewisville. He has held a number of leadership roles during his career with Arvest and has served in Rogers, Bentonville, and Little Rock. He serves on the boards of directors for the Arkansas Bankers As-sociation, the University of Arkansas at Little Rock Foundation, Our House, and the Little Rock Regional Chamber of Commerce. He is a member of the Rotary Club of Little Rock. Womack joined Arvest in 1999 to open an LPO in Fort Smith and served for 11 years as president/CEO of the Fort Smith market before being named chairman/CEO of the central AR in July 2010 Q

Sanders

board for the bank since 2014 and a board member since 2013. In 2008, Sanders also co-founded the predecessor to El Paso, TX-based Strategic Growth Bancorp (SGB) which acquired First National in 2013 via its then-parent company, and has been in the managing director and COO role at SGB since then. Sanders replaced John Asbury, who was appointed president/CEO in early 2015. Asbury resigned to pursue an-other opportunity. In July, SGB announced it plans to combine with KS-based Sunflower Fi-nancial Inc. to create what the two call a “super-community bank” Q

Page 2 BANKERS DIGEST September 12, 2016

P E O P L E

ate School of Banking at SMU in 1986. Johnston has served on numerous boards in the community and current-ly serves as president of the board of directors for GRACE (Grapevine Relief and Community Exchange), a non-profit agency that assists people in need or in emergency actions to help them get to a place of self-sufficiency. He has also served as president of the Grapevine Colleyville ISD Education Foundation where he was named as their “Distinguished Friend” in 2011. He is a member of the Grapevine Ro-tary Q

Bankers Digest®Established 1942

A Weekly Bank News Magazine(USPS 041180)

Published weekly on Monday except fifth Mondays at 9516 Bill Browne Lane, Dallas, Texas 75243

Copyright 2016 Bankers Digest®

BONNIE JAMISON BLACKMAN, Publisher/EditorR. GILBERT BLACKMAN JR., Managing Editor

P. O. BOx 743006Dallas, Texas 75374-3006

Phone 214/221-4544Fax 214/221-4546

E-mail: bankersdigest@bankersdigest.comwebsite: www.bankersdigest.com

One year subscription rate:Print $39.00, Online $26.00; Both $50.00. Single copy $1.00

Opinions expressed by writers of bylined articles are not necessarily those of Bankers Digest. We make no representations or war-ranties for information, products, or services contained in any advertisement in this maga-zine or on our website. Editorial guidelines may be obtained upon request. Articles and photos may be submitted to above address.

Periodical postage paid at Dallas, TexasPOSTMASTER: Send address changes to Bankers Digest®, P.O. Box 743006, Dallas,

Texas 75374--3006

In This Issue...Second Quarter Industry Earnings: $43.6 Billion Up 1.4% Feature..............................................3

Newswatch......................................8

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

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

DIF Exceeds 1.15% Level............12

Johnston Joins Premier Bank in GrapevinePremier Bank Texas, a branch of Providence Bank with locations in MO and Grape-vine, announced the addition of Don A. Johnston as SVP and com-mercial banker at

the Grapevine Banking Center at 1115 S. Main St. Johnston has many years of bank-ing and lending experience in the D/FW Metroplex with a concentration over the past several years in North-east Tarrant County. He graduated from McMurry University in Abilene with a business degree in finance in 1976 and from Southwestern Gradu-Johnston

TEXAS

眀 眀 眀 ⸀ 琀 栀 攀 戀 愀 渀 欀 攀 爀 猀 戀 愀 渀 欀 ⸀ 挀 漀 洀 ∠ 㠀 　 　 ⴀ 㔀 ㈀ ㈀ ⴀ 㤀 ㈀ ㈀ 　

䔀儀唀䄀䰀 䠀伀唀匀䤀一䜀 伀倀倀伀刀吀唀一䤀吀 夀 ∠ 䴀䔀䴀䈀䔀刀 䘀䐀䤀䌀 ∠ 䴀䔀䴀䈀䔀刀 䘀䔀䐀䔀刀 䄀䰀 刀䔀匀䔀刀嘀䔀 匀夀匀吀䔀䴀

September 12, 2016 BANKERS DIGEST Page 3

F E A T U R E

B D

FEATURE

Source:Federal Deposit Insurance Corporation

www.fdic.gov

INDUSTRY EARNINGS Net Income and Revenue

Increase; Community Banks Report Solid Results at FDIC

Insured Institutions,2nd Quarter of 2016

(continued on Page 11)

Businesses with immediate cash flow needs just want simple

solutions they can count on. When a traditional loan isn’t feasible,

consider sending them to Mazon for AR financing. We’re fully

accredited, with more than 40 years experience, and glad to give

your referrals a hand up for as long

as they need it. Questions about

the hand-off? Contact Lisa Hultz,

lisa@mazon.com or 972.554.6967.

When is a hand-off a hand up?

A C C O U N T S R E C E I V A B L E F I N A N C I N G | B U S I N E S S F I N A N C I N G | F A C T O R I N G

8 0 0 W A I R P O R T F W Y, S U I T E 9 0 0 , I R V I N G , T X 7 5 0 6 2 | 8 0 0 . 4 4 2 . 2 74 0 | L I S A @ M A Z O N . C O M

W W W . M A Z O N F A C T O R I N G . C O M

MAZ401 Bankers Dig Ad Update.indd 1 6/2/16 12:10 PM

“The bank-ing indus-try reported largely posi-tive results in the sec-ond quarter.

Income and revenue both increased from a year ago, loan growth remained strong, the number of unprofitable banks was at an 18-year low, and there were fewer banks on the problem list. Community banks reported strong net income, revenue, and loan growth.However, the low interest rate envi-ronment continues to pose challenges for the industry,” said FDIC Chairman Martin J. Gruenberg in a statement after the FDIC’s latest Quarterly Banking Profile was released. “Revenue growth remains sluggish as a prolonged period of low inter-est rates has put downward pressure on net interest margins. This has led some institutions to reach for yield, increasing their exposure to inter-est-rate risk and credit risk. Overall, growth in loan balances highlights the need for institutions to maintain strong underwriting and loan admin-istration practices to mitigate build-ing credit risk. “More recently, persistent stress in the energy sector has resulted in a decline in asset quality at banks that lend to oil and gas producers, as well as banks that serve local economies reliant on the energy sector. We likely have not yet seen the full impact of low energy prices on the banking in-dustry, particularly for consumer and C&I loans in energy-producing regions of the country,“ he said.

Key Industry Highlights• Aggregate Net Income of $43.6 bil-lion is up 1.4% from a year earlier.• Net Operating Revenue of $179.3 bil-lion is 3.3% higher than a year earlier.

• Loan Balances increased by $182 billion during quarter.• Noncurrent Loans Post Decline of 3.4% during the quarter despite non-current C&I loans increase of 8.9% led by loans to energy sector.• Problem Bank List Continues to Shrink to 147, the smallest number in seven years; two banks failed during quarter.

The Industry Numbers Commercial banks and savings in-stitutions insured by the FDIC reported

aggregate net income of $43.6 billion in the second quarter of 2016, up $584 million (1.4%) from a year earlier. The increase in earnings was mainly attrib-utable to a $5.2 billion (4.8%) increase in net interest income and a $981 mil-lion decline in expenses for litigation reserves at a few large banks. Banks increased their loan-loss provisions by $3.6 billion (44.2%) compared to a year ago, partly in response to rising levels of troubled loans to C&I borrowers, particularly in the energy sector.

Page 4 BANKERS DIGEST September 12, 2016

Retired Dallas bank executive and civ-ic leader Richard M. (Dick) Hart died on August 26 at his home in Dallas at age 86. Hart was a native of Little Rock, AR, and a graduate of the Uni-versity of Arkansas and of the UofA Law School. After a two years of service in the US Air Force, Hart returned to Little Rock to serve as a law clerk. His bank-ing career began in 1956 when he joined First National Bank in Dallas in the trust department. He moved up the ranks to become president of the bank in 1977 and later serve as EVP for trust services and chief administrative officer of InterFirst Corporation. He retired in 1989. After a brief retirement, he joined Bank One, Texas, Dallas, to serve as chairman of the trust committee un-til 1994. While serving in banking, he was chairman of the trust major at the Southwestern Graduate School of Banking at SMU, served on the trust executive committee for the ABA, served as a director for the Reserve City Bankers, and president and direc-tor of the Dallas Clearinghouse Asso-ciation. Hart served on numerous corpo-rate, education, civic, and community boards and committees. He was an avid fund raiser for many projects and organizations. In addition to banking and civic ac-tivities, Hart was an avid fisherman. His love for fishing took him across the US and to many foreign countries. He was especially proud of his associ-ation with the Texas Freshwater Fish-eries Center in Athens. Hart is survived by his wife, Gloria, and a son and two daughters, and oth-ers Q

J. Pat Hickman, chairman/CEO of Happy State Bank, announced the addition of

Brandon Wing as assistant general counsel. He will provide support for general coun-sel duties and also focus on lending, deposit functions, and vendor man-agement. Wing is a gradu-

ate of Texas Tech University with a BBA degree and of the South Texas College of Law, where he earned a JD degree. An Amarillo native, Wing has worked the past 11 years as an attor-ney in private pratice in Amarillo. He serves his community on the CareNet Pregnancy Center board of directors as secretary and on the Center City Amarillo board of directors as presi-dent-elect Q

P E O P L E TEXAS

Retired First in Dallas Exec Richard M. (Dick) Hart Dies

After working two years in Abilene, Jesse Villarreal, CTP, returned to D/

FW to join Spirit of Texas Bank, SSB, as director of Treasury manage-ment operations. Villarreal has served in bank-ing for 23 years, 20 of which have been in the full spectrum of trea-

sury management. He has worked in TX banks ranging from $300 million to $70 billion in asset size. He most recently served as EVP in treasury operations at First Financial Bank in Abilene. He joins Spirit of Texas Bank in Fort Worth, though he will be working throughout the DFW Metroplex. Villarreal holds an MBA degree from Texas A&M University–Commerce Q

Villarreal Is Dir of Treasury Mgt, Spirit of Texas Bank

Wing

Happy State Bank Taps Wing Asst General Counsel

Villareal

Rising Star or New Hire at Your Bank?

Send Your Bank News to Report in Bankers Digest bankersdigest@bankersdigest.com

Telephone: 214/221-4544

September 12, 2016 BANKERS DIGEST Page 5

P E O P L E

Eric King has been named senior business development officer at Cen-tennial Bank in Conway. King joined Cen-tennial in 2007 and has served as a lending of-ficer, public rela-tions officer, and most recently as vice president and

Rittelmeyer joins Simmons Wealth Management as AVP

ARKANSASCentennial Promotes King, Names Sullinger Mtg Lender

Chris Rittelmeyer has joined the Sim-mons Wealth Management team as an assistant vice president in the private banking group of Simmons Bank in Fayetteville. Rittelmeyer, a Little Rock native, graduated from the University of Ar-kansas with a degree in financial man-agement and investments. He has worked in banking for the past eight years, most recently as a commis-sioned senior bank examiner for the Arkansas State Bank Department. He is a member of the alumni ad-

sory council for the Sam Walton Col-lege of Business at the University of Arkansas Q

marketing manager. He holds a BBA degree from Central Baptist College in Conway. He has served as a board member for the Faulkner County Boys and Girls Club and for the AR Safe School Association, serving as presi-dent for 2005-2007. Charitti Sullinger has joined Cen-tennial Bank in Paragould as a mort-gage loan originator. She has more than 18 years of experience in mortgage lending and insurance sales. A gradu-ate of AR State University at Jonesboro, Sullinger is also licensed to sell life and health insurance products Q

King

Page 6 BANKERS DIGEST September 12, 2016

Alliance Bank of Arizona in Phoenix has announced the recent promotion

of Jeffrey Schel-ter to senior vice president and re-gional commercial loan manager. Schelter has been a part of the Alliance Bank team for over 11 years and most re-cently serving as a

vice president and senior commercial lender. He holds a BS degree in finance from the University of Arizona. He serves as a board member for Junior Achievement of Arizona Q

P E O P L E

Western Bank, Alamogordo, an-nounced that Yolanda Sedillo has been named vice president in opera-tions. Sedillo has served with Western Bank for 15 years and began her bank-ing career in 2001. She began as a tell-er and worked her way through opera-tions as a proof operator, switchboard operator, accounting assistant, teller supervisor, teller/customer service supervisor, assistant vice president in deposit operations, branch manager, and BSA Officer. She is BSA Certified through ICBA, serves as a member of the bank’s compliance and informa-tion technology committees, and is the bank’s internet banking officer. Angela Padilla has been named assistant vice president in deposit and teller operations. Padilla, a life-long resident of Alamogordo, joined Western Bank in 2009 after serving as a supervisor in the retail industry. She began her banking career as a teller at

the Cloudcroft branch and was later promoted to branch supervisor in 2012. She has served as a customer service representative and most re-cently as the teller/deposit services manager. In addition, she brings sev-en years of operations experience to the bank’s compliance committee as a deposit compliance coordinator. Western Bank has announced the return of Amanda Munoz to serve as assistant vice president in loan opera-tions. Munoz, a long-time resident of Alamogordo, recently returned to the bank to head up the loan administra-tion department. She returns to bank-ing after a five-year venture in another professional field. She previously served in the bank’s consumer lend-ing department. She now currently oversees the consumer loan area and is a member of the bank’s compliance committee as a loan compliance co-ordinator Q

Western Bank in Alamogordo Reports Sedillo and Padilla Promotions, Return of Munoz as AVP, Loan Administration

NEW MEXICO ARIZONA

Schelter

Alliance Bank Ups Schelter to SVP

Send Us Your Bank News bankersdigest@bankersdigest.com

Telephone: 214/221-4544

FINANCIAL DESIGN & CONSTRUCTION“Total Solutions For Your Building Projects”

FOR MORE INFORMATIONCALL LYN RIEGER

at 1-888-432-5921 Ext. 86lrieger@fdcinc.net

Custom Design Expert Construction

11999 Lone Star Trail Rockwall, TX 75087 www.fdcinc.net

State National BankBig Spring, Texas

September 12, 2016 BANKERS DIGEST Page 7

American Nation Bank, Ardmore, has announced recent promotions of Richard Zalko to senior vice presi-dent, Cathy Al-exander to vice president, and Brandon Twyford to assistant vice president, all in Ardmore. Jesse Cross, American Nation Bank CEO, made the an-nouncement. Zalko has served with ANB for 26 years and has a total of 38 years in banking. He currently serves as the head of the IT department and is the bank’s technical systems security of-ficer. He holds a BBA degree from the University of Oklahoma in economics with a finance minor, an MBA degree from Oklahoma City University, and an IT certification from the Indepen-dent Community Bankers Association Institute. . Alexander has served with ANB for 20 years, with a total of 32 years in banking. She is a lifelong resident of Ardmore, graduating from Mur-ray State College. She is active in the community, serving as the chairper-son of the board for the Arbuckle Divi-sion March of Dimes, a board member for Cities in Schools Ardmore, past president of the Ardmore Band Boost-ers, as well as participating in Relay for Life and Girls on the Run. Twyford joined ANB in 2015 and has a total of 15 years in banking. He is a graduate of the University of Okla-homa and has completed numerous courses through the Oklahoma Bank-ers Association. He is a current board member of the Community Bankers Association of Oklahoma’s Horizon Bankers. He is also active in the com-munity as a 2008 graduate of Leader-ship Ardmore and has been involved in the Ardmore Young Professionals, March of Dimes board of directors, FCA board, Greater Ardmore Softball board, and the Lions Club Q

P E O P L E

Zalko Promoted to SVP, Alexander & Twyford Upped

IBC Bank-Oklahoma Assistant Vice President of Commercial Lending Noah Milligan was recently ap-pointed to a three-year term on the board of directors for Creative Okla-homa. His term began in August. Creative Okla-homa is a state-wide non-profit organization advancing OK’s econo-my through creativity and innovation based initiatives in education, com-merce, and culture. Since forming in 2006, the organization has worked with OK’s leaders in business to spur change throughout the region. A graduate of the University of Central Oklahoma, Mulligan joined IBC Bank in March as an assistant vice president of commercial lending Q

IBC Bank’s Milligan Joins Board of Creative Oklahoma

Home Bank has announced that Erik J. Billet has joined as internal audit director, according to P. John Blan-chet, chairman of Home Bancorp’s audit committee. Billet brings ex-tensive accounting and auditing expe-rience to his role. He most recently served as director of operational accounting at Ecoserv in Lafayette. Previously, he served as manager of assurance services at Ernst & Young accounting firm. Billet is a graduate of the Univer-sity of Louisiana at Lafayette with bachelor’s degrees in both accounting and finance, and is a CPA. He serves as a board member for the accounting department advisory committee at the University of Louisiana at Lafayette Q

Home Bank, Lafayette, Names Billet Audit Director

BilletZalko Mulligan

OKLAHOMA LOUISIANA

501.374.2600ddfconsulting.com

guided by principles

BANK MERGERS & ACQUISITIONS

STRATEGIC & REGULATORY

RISK MANAGEMENT

BANK PERFORMANCE

The industry may have its’ ups and

downs, but a solid strategy will keep you

moving forward.

We can help.

Technologies change.Regulations change.Operations change.

What shouldn’t change is your healthy bottom line.

Our Performance Improvement Team can help.

Page 8 BANKERS DIGEST September 12, 2016

N E W S W A T C H TEXAS

Triumph Insurance Group on Septem-ber 1 announced the completion of its acquisition of the assets of Dallas-based Southern Transportation Insur-ance Agency, Ltd. Triumph Insurance Group is a subsidiary of TBK Bank, SSB, Dallas. Aaron Graft, vice chairman and CEO of TBK Bank, explained, “Triumph is a leading financial services provider to small businesses in the transpor-tation sector. This acquisition further solidifies that position.” “We feel that the acquisition of Southern Transportation Insurance Agency enhances our platform by enabling us to expand our insurance business from both an immediate and long-term outlook,” Wess Peterson, senior vice president of Triumph In-surance Group, said. The producers and staff of Southern Transportation Insurance Agency are now employees of Triumph Insurance Group and work out of the Triumph office ion Park Cen-tral Dr. in Dallas.. Stephen Trent serves as president of Southern Transportation Insurance Agency. Trent will continue in his role as key thought leader, client advocate, and team builder within Triumph In-surance Group Q

ICBA Bancard®, the payments ser-vices wholly-owned subsidiary of In-dependent Community Bankers of America® (ICBA), recently announced that its credit card bank, TCM Bank, N. A., Tampa, FL, has acquired the agent bank portfolio of Fifth Third Bank, Cincinnati, OH. The purchase marks the largest credit card acquisition in TCM’s history, bringing its total assets to $292 million, said TCM Bank Presi-dent/CEO Damon Moorer. The newly acquired portfolio adds approximately $97.9 million in credit card receivables and 90,000 small business and consumer credit card ac-counts from 115 financial institutions. TCM will own the credit card assets of the new portfolio but continue brand-ing and marketing the cards under the names of the 115 other financial insti-tutions. “Financial institutions that have sold their portfolio to TCM Bank can rest easy knowing that unlike many other credit card issuers, TCM Bank does not offer competing financial services,” adds Joe Pierce, chairman of TCM Bank’s board of directors and CEO of Farmers State Bank in La-grange, IN. Each agent bank has control of the payment channel and the customer relationship. Agent bank clients in-crease their profitability, achieve a competitive advantage in the mar-ketplace, and receive additional fraud loss prevention tools and other ser-vices for their customers. TCM Bank expects to complete the integration by the end of 2016. ICBA Bancard’s community bank is-suers generated $22 billion in sales volume in 2015 and are ranked col-lectively as the 25th largest credit card portfolio in the U.S. TCM Bank, N. A., provides credit card services for community banks in-cluding consulting, portfolio acquisi-tion, product development, and agent bank sponsorship. Through its Total Card Management® program, TCM helps banks promote their branded cards while limiting their exposure to risk and expense. For more informa-

TBK Bank Subsidiary Closes Insurance Agency Purchase

TCM Bank Acquires Fifth Third’s Agent Bank Portfolio

TRADE ASSSOCIATIONBank of the Ozarks to Break Ground for New Headquarters

ARKANSAS

The $17.9 billion-asset Bank of the Ozarks, Little Rock, has acquired more than 46 acres of mostly undeveloped property in a series of transactions this summer for its new corporate headquarters campus in West Little Rock, according to a article posted at www.arkansasbusiness.com. Those deals on the western end of The Ranch development totaled more than $12.5 million. Most of the land was purchased in two transactions: 23.5 acres for near-ly $7.9 million and another 14 acres added in two deals for nearly $3.2 mil-lion. The final piece was the 8-acre Saddle Creek Church campus at 18020 Cantrell Rd. for $1.4 million. Ground-breaking for first-phase construction of a 180,000-SF building is expected in the coming months. The first office building on the campus should be completed in 2018. The new campus represents the fourth headquarters location for the public company since moving to Lit-tle Rock in 1995 from Ozark (Franklin County). Starting with leased space downtown, the company moved to 12615 Chenal Pkwy. in June 1998 and to its current headquarters at 17901 Chenal Pkwy. in December 2008 Q

September 12, 2016 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 yArkansasBRANCHES The ARKANSAS STATE BANK DE-PARTMENT has filed an application by First Service Bank, Greenbrier, for a branch at Lot 3 Freeway Business Park Phase IV at the corner of United Dr. and Superior Dr., Conway. The ARSBD has filed an applica-tion by Farmers Bank and Trust Com-pany, Blytheville, for a branch at 55 Park St. and a temporary location at #1 Park St., both in Wilson. The ARSBD has filed an applica-tion by River Town Bank, Dardanelle, for a branch at 3201 W. Main St., Rus-sellville. The ARSBD has filed an applica-tion by Chambers Bank, Danville, for a branch relocation from 1100 SE Wal-ton Blvd., Bentonville, to 1101 S. 52nd St., Rogers.MERGERS AND ACQUISITIONS The ARSBD has filed an applica-tion by Simmons Bank, Pine Bluff, for a merger with target Citizens National Bank, Athens, TN. The ARSBD has filed an application for a change in control by John Warren Brannan Jr., Prescott, to acquire 25% or more of the stock of Prescott Banc-shares Inc., Prescott. An application has also been filed with the FEDERAL RESERVE BANK OF ST. LOUIS. The ARSBD has filed an applica-tion for a change in control by The William H. Bowen Nonexempt Share No. 1 QTIP Trust Co-Trustees Cynthia Blanchard, Mary Patricia Barker, and W. Scott Bowen; and The William H. Bowen Exempt Share No. 1 QTIP Trust Co-Trustees Cynthia Blanchard, Mary Patricia Barker, and W. Scott Bowen; and The William H. Bowen Share No. 2 Trust Co-Trustees Cynthia Blanchard, Mary Patricia Barker, and W. Scott Bowen, Russellville, to acquire 25% or more of the stock of First State Bank-ing Corporation, Russellville. The FRB OF ST. LOUIS has re-ceived a CIC Notice by the J.T. Comp-ton SBI Trust, James T. Compton, Mountain View, as trustee, the James

Kent Compton SBI Trust, James Kent Compton, Conway, as trustee, the Charles Kevin Compton SBI Trust, Charles Kevin Compton, Little Rock, as trustee; and the Kris David Comp-ton SBI Trust, Kris David Compton and Debra Lynn Walters Compton, both of Hendersonville, NC, as co-trustees, all as general and limited partners of the Compton Stone Quar-ry Family Limited Partnership, LLLP, Morrilton, and as members of a fam-ily control group. The control group also includes the J.T. Compton GST Exempt Trust, James T. Compton as trustee, James T. Compton, individu-ally, Lauren A. Compton, the Niva Compton Lancaster GST Exempt Trust, and the Niva Lancaster Revo-cable Living Trust, Niva C. Lancaster, Springfield, MO, as trustees; the Dan-iels Family Trust Dated 7/12/2006, Charles Daniels and Sonya Daniels, both of Navarre, Florida, as co-trust-ees; the Douglas Lancaster Trust, So-nya Daniels as trustee; and the Kevin Compton Revocable Trust, Charles K. Compton as trustee, to acquire and retain ownership of more than 25% of the voting shares of Stone Bancshares Inc., Mountain View.MississippiMERGERS AND ACQUISITIONS The FEDERAL RESERVE BANK OF ATLANTA has received an appli-cation by Copiah Bank, Hazlehurst, to

purchase certain assets and assume certain liabilities of Magnolia State Bank, Bay Springs, and thereby estab-lish one branch at 437 Katherine Dr., Flowood.TexasBRANCHES The TEXAS DEPARTMENT OF BANKING has approved an applica-tion by Texas Bank Financial, Weath-erford, for a branch at 5429 Lyndon B. Johnson Fwy., Ste. 100, Dallas. The TXDB has approved applica-tions by Frost Bank, San Antonio, for branches at 201 E. Shore, The Wood-lands, and 15455 Memorial Dr., Ste. 700, Houston. The TXDB has approved an appli-cation by AimBank, Littlefield, for a branch at 1111 W. Wall St., Midland. The TEXAS DEPARTMENT OF SAVINGS AND MORTGAGE LEND-ING has received an application by Shelby Savings Bank, SSB, Center, for a branch at 2805 South Loop 256, Pal-estine.MERGERS AND ACQUISITIONS The FRB OF DALLAS has received a Notice by Alex Dan Knox, individual-ly and single member of Danox, LLC, which is the general partner of Lavan-co Energy, LTD, and ZSS Knox, LTD, all located in San Angelo and collectively, a group acting in concert, to acquire 10% or more of Sundown Bankshares Inc., Sundown, and therefore, indirect-ly, Sundown State Bank, Sundown Q

Page 10 BANKERS DIGEST September 12, 2016

B a n k e r s D i g e s tHOW TO CONTACT US

C L A S S I F I E D

Advertising rates are $45.00 for the first 30 words; $10.00 for each ad-ditional 10 words per insertion. Ads which use a Bankers Digest box num-ber for forwarding responses will be charged $5.00 additional per insertion for postage and handling. Ads run on Bankers Digest website for the dura-tion of the advertising agreement at no additional charge. Only Principals will be assigned box numbers. Responses to Bankers Digest boxes are forwarded twice weekly. Advertising deadline is Monday noon for following Monday’s publication. Bankers Digest makes no representations or warranties for information, products, or services con-tained in any advertisement herein or on our website.

Mail responses to Box Number c/o Bankers Digest, P. O. Box 743006, Dal-las, TX 75374-3006. Phone: 214/221-4544. E-mail responses to: bankersdigest@bankersdigest.com, Box Number in subject line.

SERVICESIN

INTERNAL AUDIT OUTSOURCING: Time to improve or develop your in-ternal audit function? Our firm can help!! We provide administrative guidance or training to your person-nel or will handle all your internal audit needs. Oversight, operational, IT, regulatory compliance, FDICIA and SOX; we can assist your com-pany in all facets of internal audit-ing. Call Bryan Kendrick to discuss at 210/413-4134 or visit our website at www.kendrickservices.com.

POSITIONS AVAILABLE

CRE Lender/Dallas. Loan sizes are typically in the $5 to $10 million range. Please call 214-515-7606 or email Kevin@Babich.com

C&I LENDER/MARKET PRESIDENT for Dallas area Commercial Bank 20B. Must have 5-10 years experi-ence, formal credit training, veri-fiable production history and the ability to grow a team of lenders. Great support structure for an ex-perienced market leader. Anthony Potenti, 214-515-7609, apotenti@babich.com.

AUSTIN AREA: Community Bank needs Commercial generalist for growing community in William-son County. Great opportunity to join long-tenured employees, strong bank. Mark Mitchell, Lone Star Search. 972-335-9009. lone-starsearch.net.

DFW REGIONAL PRESIDENT: $2B Bank with Metroplex and East Tex-as branches needs determined C&I Lender/Manager to manage lend-ers and drive market share. Mark Mitchell, Lone Star Search. 972-335-9009. lonestarsearch.net.

A small family-owned community bank in West Texas is seeking an individual with STRONG COMMER-CIAL REAL ESTATE, AGRICULTUR-AL EXPERIENCE AND GENERAL KNOWLEDGE IN ALL LENDING FIELDS. Must have excellent com-munication skills and strong credit underwriting background. Three plus years lending experience pre-ferred. We offer a competitive sal-ary and great benefits package. Interested applicants may send a resume to bankersdigest@bankers-digest.com, subject line Box J-1.

SENIOR LENDER/SR. VP OF LEND-ING: Southeast Texas. Clean, com-munity-owned, $300 million bank.You would be responsible for the

Others make promises. MPA Delivers!

TURNKEY SERVICESFurniture • Phones • Fire Proof Cabinets • ADA Ramps • Decks • Canopies • Tube Systems • Safes • Video • Alarms • Mon-itoring• and More

DISASTER RECOVERY SPACE: Fully equipped 14’ x 70’ Modular Building Designed for Financial InstitutionsPOWER: Generators to power the MPA facilityCONNECTIVITY: Satellite connec-tivity solution; PCs, Printers, Copi-ers, Fax machines

LEASING & SALESFull-Service Buildings with Custom Options

1.888.233.1584 www.mpasystems.com mpasales@redhawkus.com

Others make promises. MPA Delivers!

TURNKEY SERVICESFurniture • Phones • Fire Proof Cabinets • ADA Ramps • Decks • Canopies • Tube Systems • Safes • Video • Alarms • Mon-itoring• and More

DISASTER RECOVERY SPACE: Fully equipped 14’ x 70’ Modular Building Designed for Financial InstitutionsPOWER: Generators to power the MPA facilityCONNECTIVITY: Satellite connec-tivity solution; PCs, Printers, Copi-ers, Fax machines

LEASING & SALESFull-Service Buildings with Custom Options1.888.233.1584 www.mpasystems.com mpasales@redhawkus.com

loan side of the bank from A-Z, in-cluding overseeing a team of lend-ers, processors, and loan admin-istration. Bank wants to expand aggressively into strong viable mar-kets. Don’t respond if you can’t live in a town of less than 10,000 or are not willing to give 120% the first 36 months. Must be a leader who can motivate, cultivate, be a team player, and be a catalyst for change.Top salary and benefits for the right person. Working knowledge of D+H products and Fiserv Premier a plus.Please respond to bankersdigest@bankersdigest.com, subject line Box A-1.

LOOKING FOR A CHANGE AND WANT TO RUN YOUR OWN SHOP? Growing community bank looking for a highly motivated commercial lender with a substantial book of business in the North Dallas, Pla-no, Frisco area to start an LPO and eventually a full-service location built around you and your team. Re-ply in confidence with resume and salary requirements to bankersdi-gest@bankersdigest.com, subject line A-3. Equal Opportunity/Affir-mative Action Employer

Dilley State Bank in Dilley, Texas, has an immediate opening for a VICE PRESIDENT/ REAL ESTATE and COMMERCIAL LENDER. Small,

September 12, 2016 BANKERS DIGEST Page 11

C L A S S I F I E D family-owned bank with long-ten-ured employees, seeking to ex-pand and needing an applicant with strong credit skills, strong business development skills, proven leader-ship abilities, and at least 8 years lending experience. College degree in finance, accounting, agriculture or business preferred. Would not be required to live in Dilley. Com-petitive compensation. Interested candidate may contact/send resume to Joe McMillian at joe@dilleystate-bank.com.

Loan Officer Wanted: EXPERI-ENCED COMMERCIAL LOAN OF-FICER needed; should have es-tablished local customer base. We are a small community bank in the Dallas area. Salary package will be commensurate with experience. Please send resume to ralph.kerr@oneworldbank.com or call Ralph Kerr, CEO at 214-206-3218. We are positioned for growth-come join us!

First United Bank seeks SENIOR LENDER/BANKING CENTER MAN-AGER to oversee $115 million branch located in our Lamesa, TX, Banking Center. Applicant must have a bachelor’s degree in busi-ness or ag business/economics and have at least 10 years of agricultural lending experience. Individual must possess strong business develop-ment skills. Prior management and leadership skills a plus. We offer a competitive salary & great ben-efits package. Qualified candidate please forward resume to Rboyd@firstunited.net or apply online at www.firstunited.net.

East Texas Cedar Creek Lake Area Seeking BRANCH MANAGER for $325MM East Texas Bank with 8 branches. This position is located in the Cedar Creek Lake area. Re-sponsibilities include business de-velopment; lending skills including consumer, mortgage, commercial and commercial real estate; office management of a staff of 6. Interest-ed applicants may send a resume to bankersdigest@bankersdigest.com, subject line Box S-1.

$200M East Texas community bank seeking an EXPERIENCED LENDER with commercial and real estate

lending background. College de-gree with a minimum of five years lending experience required. Re-sponsibilities include business de-velopment and community involve-ment. Strong underwriting and organizational skills required. Send resume to bankersdigest@bankers-digest.com, subject line Box S-2.

First Texas Bank in Copperas Cove seeks an experienced VICE PRES-IDENT-LENDING OFFICER with a minimum of seven years experi-ence. Applicant needs experience in consumer, commercial, real es-tate and interim construction lend-ing. Should have strong business development skills. Community involvement will be a must. Quali-fied candidate should email resume with salary requirements to Human Resource at stephaniea@firsttexas-bank.com. First Texas Bank is an equal opportunity/affirmative action employer.

EQUIPMENT

Design your own Bank on our web-site www.NorthAmericanBuildings.com Custom Designed Bank Build-ings. Call for a quote on your next Bank Branch. Total Turn Key Proj-ect with Bank Equipment Included. 888-800-8866

F E A T U R EINDUSTRY EARNINGS (continued from Page 3)

Of the 6,058 insured institutions re-porting second quarter financial re-sults, 60.1% reported year-over-year growth in quarterly earnings. The pro-portion of banks that were unprofitable in the second quarter fell to 4.5% from 5.8% a year earlier. This is the lowest per-centage since the first quarter of 1998.

Highlights from the Second Quarter 2016 Quarterly Banking Profile

• Community Banks Post Strong Growth in Lending and Revenues: The 5,602 insured institutions identi-fied as community banks reported a $41.2 billion increase in total loans and leases during the second quarter. During the past 12 months, loans and leases were up $122.8 billion (9.1%). Net operating revenue of $22.8 billion was $1.5 billion (7.1%) higher than a year earlier.• Net Operating Revenue of $179.3 Billion is 3.3% Higher Than a Year Ago: Loan growth helped lift revenue at most banks, as net interest income rose $5.2 billion (4.8%) compared to the second quarter of 2015. Noninter-est income was $600 million (0.9%) higher, as trading income increased $1.4 billion (24.9%).• Loan Balances Increased by $182 Billion During the Quarter: Total loan and lease balances increased $181.9 billion during the second quar-ter. For the 12 months ended June 30, loans and leases increased $574.1 billion (6.7%). Residential mortgages increased $42.4 billion (2.2%), real estate loans secured by nonfarm non-residential real estate properties rose $26.9 billion (2.1%), credit card bal-ances increased $22.3 billion (3.1%), and C&I loans rose again.• Total Noncurrent Loan Balances Declined; Noncurrent C&I Loans Rose Again: The amount of loans and leases that were noncurrent fell $4.8 billion (3.4%) during the second quar-ter. Noncurrent loans to C&I borrowers increased $2.1 billion (8.9%) during the quarter, largely as a result of weak-ness in loans to the energy sector. Net charge-offs of loans to C&I borrowers were $1.1 billion (100.3%) higher than a year ago, as total net charge-offs of all loans were $1.2 billion (13.1%) higher than in second quarter 2015 but remained at a pre-crisis level Q

Simply email your ad tobankersdigest@

bankersdigest.com, subject line: classified advertising

$45 for first 30 words $10 for each additional

10 words

Have a position

to fill at your bank?Equipment to

Sell?

Page 12 BANKERS DIGEST September 12, 2016

ADDRESS CHANGE - When writing to us about your subscription, enclose the address label from your copy of Bankers Digest. You can also change your address or other information at www.bankersdigest.com under subscriptions.

Bankers DigestP. O. Box 743006Dallas, Texas 75374-3006(USPS 041180)

PERIODICAL

Since 1981, TGS Architects has had the privilege to partner with

clients in the design of over 500 financial institutions nationwide.

Architectural DesignInterior Architecture

Master PlanningFeasibility Analysis

5323 Spring Valley Road, #200Dallas, Texas 75254

972.788.1945

tgsarchitects.com

FDIC Insurance Fund Climbs to Postcrisis High at End of Second Quarter of 2016According to the Federal Deposit In-surance Corporation (FDIC), the De-posit Insurance Fund (DIF) increased $2.8 billion during the second quarter of 2016, from $75.1 billion at the end of March to $77.9 billion at the end of June, largely driven by $2.3 billion in assessment income. The DIF reserve ratio rose from 1.13% to 1.17% of esti-mated insured deposits of $6.7 trillion during the quarter. Under previously approved FDIC regulations, once the reserve ratio exceeds 1.15%, lower

regular assessment rates will go into effect. As a result of lower rates, the FDIC estimates that regular assess-ments paid by banks to the FDIC will decline by about one-third. Under the 2010 Dodd-Frank Act, the DIF must achieve a minimum reserve ratio of 1.35% by September 30, 2020. The law mandates that institutions with total assets of $10 billion or more bear the cost of the increase in the re-serve ratio from 1.15% to 1.35%. Begin-ning in the third quarter of 2016, large

banks will pay quarterly surcharges in addition to their lower, regular risk-based assessments. The FDIC projects the reserve ratio will reach 1.35% in 2018, after which surcharges on large banks will cease. The DIF has made a remarkable re-covery from its negative balance of $20.9 billion at the end of 2009, as the bank failures squeezed the FDIC’s resources. The DIF continued with a negative balance until the end of the first quarter of 2011 Q