Citizens National Bank in La. Names CEO

By Joseph Kellard April 27, 2016, 10:09 a.m. EDT 1 Min Read

Citizens National Bancshares of Bossier in Bossier City, La., has named an insider as its new president and chief executive.

Jason Smith, an executive vice president at subsidiary Citizens National Bank since 2008, assumed the new leadership roles earlier this month, a spokesman said Tuesday.

Smith replaced Woody Schick, who was president and CEO since 2008, according to Bloomberg. The company's chairman, Will Hubbard, was unavailable Tuesday to comment on the reason for Schick's departure.

M&A

Louisiana Community Bancorp to Buy Tri-Parish Bancshares

Louisiana Community Bancorp in Houma has agreed to buy Tri-Parish Bancshares in Eunice, La.

By Andy Peters

April 11
M&A

Acquirers in Energy-Producing States Hamstrung by Uncertainty

Texas has had a fair share of M&A since the financial crisis, but deal volume has declined since oil prices began to plummet in late 2014. Uncertainty over sellers' exposure and depressed stock prices for aspiring buyers are largely to blame.

By Jackie Stewart

February 26

Smith joined Citizens National Bank in 1994. He was a member of the board of directors of the Louisiana Bankers Education Council and served as its president in 2008.

Joseph Kellard

MORE FROM AMERICAN BANKER

Consumer banking

20 banks and thrifts with the most assets

The top five banks and thrifts had combined assets of more than $13 trillion as of December 31, 2023.

By Editorial Staff

4h ago
Regulation and compliance

'Through the looking glass': Jamie Dimon sounds off on regulatory burden

The JPMorgan Chase CEO took aim Tuesday at the proposed Basel III endgame rules, hindrances to mergers and bureaucratic burdens. "I would love to have a more productive relationship with regulators, but I think it takes conversation," Dimon said.

By Catherine Leffert

7h ago
Litigation

If Supreme Court sides with CFPB, 'flurry' of litigation moves forward

Many legal experts think the Supreme Court will rule in favor of the Consumer Financial Protection Bureau in a case challenging its funding. Such a ruling would unleash a flurry of litigation that has been on hold pending the outcome of the constitutional challenge.

By Kate Berry

April 23
Politics

Democrats push back against Corporate Transparency Act ruling

Lawmakers including one of the original sponsors of the Corporate Transparency Act have filed an amicus brief in the appeal against an Alabama court ruling that the law is unconstitutional, which would throw into question Treasury's newly-established beneficial ownership structure.

By Claire Williams

April 23
Commercial lending

'Credit darling' Webster Financial reports uptick in defaulted loans

The Connecticut bank —a regional traditionally regarded as a cautious lender — said nonperforming loans and leases rose 53% year-over-year. The uptick was in mostly the commercial-and-industrial loan space, although there was one nonperforming commercial real estate loan, executives said.

By Allissa Kline

April 23
Earnings

Zions, Comerica foresee turnaround on loan growth in late 2024

The two regional banks are anticipating that borrower demand will increase in the back half of the year. High interest rates and economic uncertainty have been muting the appetite for borrowing.

By Catherine Leffert

April 23