State Coverage: Texas

Cullen/Frost Rides Better Credit, Loan Growth to Higher Earnings

Cullen/Frost Bankers Inc. in San Antonio said Wednesday that its fourth-quarter earnings rose 4% from a year earlier, due to improvements in credit quality and earning assets.

Texas Bank Hopes Name Change Will Raise Web Profile

Bank of the West in El Paso, Texas, is changing its name to WestStar Bank to avoid confusion with a much larger San Francisco bank that shares its name.

Guns Welcome, Loans Needed at Small Texas Bank

Concerned about robberies, Chappell Hill Bank began encouraging patrons to bring legally concealed weapons into its branch. Now the bank's unconventional CEO needs to find ways to bring in loans and reduce costs to ensure long-term survival.

Independent Bank Group to Acquire I Bank Texas

Continuing to bulk up in Texas through bite-sized deals, Independent Bank Group Inc. in McKinney said this week that it is buying the $155 million-asset I Bank Texas in Austin.

NexBank in Texas Adds $10 Million in Fresh Capital

NexBank Capital Inc. in Dallas has raised roughly $20 million in fresh capital this year after recently completing a stock sale to group of investors.

Prosperity in Texas Moving to NYSE

Prosperity Bancshares Inc. in Houston said it will start listing its common stock on the New York Stock Exchange.

Fed Takes Action Against Two Banking Companies

The Federal Reserve on Tuesday announced written agreements with two banking companies.

ViewPoint in Texas to Buy Highlands Bancshares for $71 Million

On the verge of retirement, CEO Gary Base strikes his first-ever deal - and finds his replacement.

CommunityBank of Texas Names New President

CommunityBank of Texas has appointed a longtime Houston banker as its president.

International Bancshares Reports Smaller 3Q Profit

International Bancshares Inc. in Laredo, Texas, said Tuesday that its third-quarter profit fell 10% from the same period in 2010, to $27.3 million, as a drop in loan volume led to a decline in interest income. The company's earnings per share fell 11%, to 40 cents, in line with an analyst's estimate.

OmniAmerican in Texas Rides Improved Credit to Higher Profit

OmniAmerican Bancorp Inc. in Fort Worth, Texas, reported a five-fold increase in third-quarter earnings from a year earlier, to $1 million, due primarily to improved asset quality.

Community Bancorp in Houston to Become Cadence Bancorp

Community Bancorp LLC in Houston said Wednesday that it will change its name to Cadence Bancorp LLC next week.

Solid 3Q Earnings for Southwestern Regionals BOK, Frost and UMB

Buoyed by solid loan growth and strong gains in fee income, BOK Financial Corp. in Tulsa, Okla., reported a third-quarter profit of $85.1 million, up 32% from the same period last year.

Cullen/Frost in San Antonio Reports Flat Results Due to Special Items

Cullen/Frost Bankers Inc. said Wednesday that third quarter earnings were nearly flat from a year earlier.

Fed Takes Action Against Texas Banking Company

The Federal Reserve on Tuesday announced a written agreement with Border Capital Group Inc. in McAllen, Texas.