Texas

The Louisiana company's board has made it clear that independence is "not a God-given right" and wants new management to address energy loan issues, underwriting, capital and expenses.

Bank of Austin still needs approval from the Federal Deposit Insurance Corp., though organizers remain hopeful it can open this summer.

The company, which delisted from the Nasdaq in 2005, is looking to raise up to $64 million through an initial public offering.

Unable to outspend big banks on technology, Asian-American banks are marketing to different ethnic groups and immigrants, sponsoring events for youth and young professionals and emphasizing in-person service.

Profits at the Dallas lender plunged as it slashed originations and edged up the credit spectrum.

Allyson Morrow named presiding officer, Jim Minge appointed by Texas governor.

The new CUSO is intended to provide services for credit unions across Southeast Texas.

The Houston company was formed in 2009 to buy struggling banks in the wake of the financial crisis.

Texas Capital ties bankers’ bonuses to loan performance instead of volume. The strategy has aided recruitment and helped the bank achieve exceptional loan growth while keeping credit quality respectable.

Scott Heitkamp is encouraged by a more positive tone coming from President Trump. His goal in the next year is to make regulation easier for his fellow bankers.

Texas Trust and Qualtrust CUs have announced their intention to merge under the Texas Trust banner.

Over the last five years, the credit union also saw a 66% rise in membership, 204% increase in auto loans and a 26% uptick in real estate loans.

The $1.3 billion CU rewarded members for using their A+ FCU debit card, as well as interest rate discounts on loans and higher rates on certificates.

BorrowersFirst said its new financing will come from Waterfall Asset Management, a New York firm that focuses on high-yield investments.

The deal expands Post Oak’s existing operations around Houston

Weakness in the energy sector and a surge in new construction are pushing up vacancy rates at offices and hotels, leading to a spike in delinquencies on loans tied to them. The safer bet, bankers say, is lending on industrial properties.

Banks are grappling with new challenges in trying to work with voice assistants like Alexa in Amazon's Echo to allow customers to check balances and perform other tasks. But with voice banking on the horizon, banks cannot afford to stall their efforts.

Prosperity Bancshares in Houston filed a shelf registration to sell a variety of shares.

Allegiance Bancshares in Houston has recruited a new chief financial officer.

Texas Capital Bancshares in Dallas has snagged a BBVA Compass banker and promoted two of its own executives.