Texas

The American Bankers Association has added 12 banks to community banks indexed and listed with the Nasdaq stock exchange.

The Federal Reserve Bank of Dallas said President Richard Fisher will step down on March 19, making him the second district chief and voting policymaker this year to announce his retirement from the central bank.

Texas Capital Bancshares in Dallas plans to raise about $150 million by selling common stock.

Hilltop Holdings in Dallas has disclosed that its mortgage unit is under federal investigation in connection with underwriting practices for loans backed by the Federal Housing Administration.

Capital One plans to lay off 111 employees in Houston, as it looks to consolidate back-office jobs responsible for deposit processing.

The Federal Deposit Insurance Corp. on Friday released its list of enforcement actions from September, including a consent order that played a role in derailing two planned acquisitions.

Hanmi Bank in Los Angeles has hired executives to expand its customer base in Texas and Illinois.

Cullen/Frost Bankers in San Antonio reported increased quarterly earnings that reflected a significant reduction in credit costs.

Triumph Bancorp in Dallas is looking to raise $123 million through an initial public offering.

PlainsCapital Bank in Dallas said on Friday that it plans to close 11 branches in the Rio Grande Valley.

Texas Capital Bancshares in Dallas reported an increase in third-quarter earnings, as higher lending compensated for lower yields.

Subprime auto lender Exeter Finance will have a new chief executive in two weeks.

Comerica in Dallas reported broad loan and deposit growth in the third quarter, increasing net income 4%, to $154 million, from a year earlier.

County and Municipal Employees Credit Union in Edinburg, Texas, has been liquidated by the Texas Credit Union Department.

Veritex Holdings in Dallas could sell up to $40.4 million of its common stock as part of its initial public offering.

Prosperity thought it had its bases covered, adding a clause in an employment agreement with lenders at an acquired bank in Oklahoma establishing Texas law as the jurisdiction for the contract. A judge disagreed in a decision that should get the attention of banks eyeing out-of-state deals.

ODESSA, Texas — With the Cornerstone Credit Union League — the combined league for Texas, Oklahoma and Arkansas — now officially one year old, the league held its annual conference this summer, where it recognized its first-ever "Volunteer of the Year," Kris Crow, chairman of the board at Southwest 66 CU here

Southside Bancshares in Tyler, Texas, is getting out of subprime auto lending.

The private equity firm of Texas billionaire Gerald J. Ford, is planning a tender offer for up to 65% of Mechanics Bank in Walnut Creek, Calif. If completed, the deal would be the first deployment of the $755 million that Ford's fund raised last year.

Park Cities Financial Group announced Wednesday that it is buying CU Bancshares in Dallas and its subsidiary, the $593 million-asset Town North Bank.