Texas

Banks are seeing steady growth in consumer loan demand nationwide, particularly in auto loans and mortgages, according to a report released Wednesday by the Federal Reserve Board.

Comerica has named Peter Sefzik market president for Texas, effective immediately. Sefzik succeeded Patrick Faubion, who was promoted to executive vice president of Comerica's Business Bank in July.

The Federal Reserve Bank of Dallas has named Robert Steven Kaplan, a Harvard Business School professor, as its new president and chief executive officer.

Pioneer Bancshares in Dripping Springs, Texas, has struck a deal to merge with FC Holdings, the parent company of First Community Bank in Sugar Land, Texas.

Prosperity Bancshares in Houston has ended a short, self-imposed break from acquisitions, agreeing to buy Tradition Bancshares in Houston.

Santander Consumer USA Holdings in Dallas reported higher profits due to a spike in gains on loan sales.

TDECU said its successful merger with Dallas-based Texas Catholic Community Credit Union is the "most recent step" in its expansion plans.

Independent Bank Group in McKinney, Texas, has agreed to buy Grand Bank in Dallas for $80.1 million.

Texas Capital Bancshares in Dallas reported a higher second-quarter profit, citing increased lending and a boost in the number of loans held for investment.