Progressive Bank Names Lott And Cantu Millspaugh Upped To .

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October 4, 2010www.bankersdigest.comVolume 137, No. 14Progressive Bank Names Lott and CantuSenior Officers at New Office in Shreveport, LAMillspaugh Upped toSVP in AlbuquerqueProgressive Bank, Monroe, LA, hasopened its newest financial center at8550 Fern Ave. inShreveportandnamed its seniorofficer staff.Greg Lott hasbeen named market president, andA. Cantu Jr. willserve as seniorLottvice president, senior relationshipmanager.In addition, the bank has namedShane Blythe vice president, commercial relationship manager; TylerSpeckman vice president, commercialand private banking; and Rob ReaganSusan Millspaugh has been promoted to senior vice president in themortgage divisionat Bank of Albuquerque,N.A.,NM. Millspaughjoined the bank inFebruary 2010 as aregional managerin the mortgagedepartment.Prior to joiningMillspaughBank of Albuquerque, she served as senior vice president in marketing and mortgage production for the former Charter Bank,which was based in Santa Fe.A graduate of Northwestern University, she earned an MBA degree inmarketing and finance from Lake Forest Graduate School of Managementin IL.Millspaugh’s community involvement includes membership on theboards of Ronald McDonald House,New Day Foundation, and Boo Ball.She also serves as a marketing consultant to the United Way of CentralNew Mexico Qvice president, residential lending.Glenda Graham was named assistant vice andfinancialcentermanager.ProgressiveBank, establishedin 1975 in Winnsboro, LA, hasgrown through denovobranchingCantuby expanding intoMonroe in 1998,West Monroe in 1999, and Bossier Cityin 2008. During the years, the bank hasopened additional offices in Monroeand opened its corporate office and afinancial center at 1411 N. 19th St.inMonroe QStrittmatter Joins PlainsCapital, Dallas, asExecutive Vice President/Commercial LendingM. Chris Strittmatter recently joinedPlainsCapital Bank in Dallas, TX, asexecutivevicepresident in commercial lending.He joins PlainsCapital from Peoples Bank in Colleyville, TX, wherehe had served aspresident/CEOStrittmattersince the bank wasestablished in 2002.He earlier served as president/CEO ofTexas National Bank in Southlake.The 30-year banker will be responsible for establishing banking relationships with medical professionalsand middle market companies withinNE Tarrant County.Strittmatter received a BBA degreein finance from the University of NorthTexas in Denton. His community involvement includes service with theBoy Scouts of America, service as aboard member of the American HeartAssociation, Northeast, and as aboard member for both the ColleyvilleChamber of Commerce and the KeepColleyville Beautiful organization.Founded in 1988, PlainsCapitalBank reports over 4.9 billion in assets, 34 TX branches, and more than600 employees in each of its majormarkets: Austin, Dallas, Fort Worth,Lubbock, and San Antonio QPlease route this issue:In This Issue.Small Business Jobs andCredit Act of 2010Feature.3Charter Activity.5Classified.6

peopleTEXASStone, Borders, and Rinehart JoinMortgage Team at Independent Bank in AustinFort Worth Banker WarnerNamed to Advisory CouncilMcKinney-based Independent BankGroup and Square One Mortgage, adivision of Independent Bank, announced an agreement with principalsJim Stone, Josh Borders, and EddieRinehart, formerly of Austin-basedTreaty Oak Mortgage, to join Independent Bank’s mortgage team effectiveimmediately. This transaction comeson the heels of the recent announcement of Independent Bank’s acquisition of Town Center Bank (Coppell)and impending acquisition of FirstBank (Farmersville).Johnny Galyean, senior vice president of Independent Bank’s mortgageThe American National Bank of Texas,Terrell, has reported that vice president George Warner was inducted asan advisory council member of TexasWesleyan University’s 2010-2011 Corporate Campaign for the WesleyanFund.Warner, a 20-year banker, is a Texas Wesleyan University alumnus.He joins Hector Quintanilla, dean ofTexas Wesleyan University’s Schoolof Business, to cultivate three to fivefinancial firms and obtain financialpartnerships from these corporationsfor this year’s corporate campaign,which has an annual fundraising goalof 750,000.Warner serves at American National’s Rockwall Banking Center at 2865Ridge Rd. Qteam, made the announcement.Stone, Borders, and Rinehart andtheir mortgage origination team havebuilt a strong presence in the Austinmarket since 2004. As a result of theadditions of these bankers in a strongmarket, Austin-area Independent Bankcustomers will now have local accessto the bank’s mortgage departmentthat offers a full range of mortgageproducts including VA, FHA, conventional, jumbo, interim constructionloans, and investment property loans.Independent Bank Group operates22 offices along the I-35/US Hwy 75.corridor from North TX to Austin QSENDING RECENTPROMOTIONS TO YOURLOCAL NEWSPAPER?SEND A COPY TObankersdigest@bankersdigest.comFREE REGIONAL COVERAGEOF YOUR BANK’S NEWSBankers Digest Established 1942A Weekly Bank News Magazine(USPS 041180)Published every Monday at Dallas, TexasCopyright 2010 Bankers Digest BONNIE JAMISON BLACKMAN, Publisher/EditorR. GILBERT BLACKMAN JR., Managing Editor9550 Forest Lane, Suite 125Dallas, Texas 75243-5964Phone 214/221-4544Fax 214/221-4546E-mail: bankersdigest@bankersdigest.comwebsite: www.bankersdigest.comOne year subscription rate:Print 37.00, Online 26.00; Both 50.00. Single copy 1.00Opinions expressed by writers of bylinedarticles are not necessarily those of BankersDigest. We make no representations or warranties for information, products, or servicescontained in any advertisement in this magazine or on our website. Editorial guidelinesmay be obtained upon request. Articles andphotos may be submitted to above address.Periodical postage paid at Dallas, TexasPOSTMASTER: Send address changes toBankers Digest , 9550 Forest Lane, Suite 125,Dallas, Texas 75243-5964Page BANKERS DIGEST October 4, 2010

FEATURECREDITH.R. 5297:Small Business Jobsand Credit Act of 2010On a 237187 roll callvote, the U.S.HouseofRepresentatives on September 23 concurred with the U.S.Senate’s amended H.R. 5297, whichwould establish a 30 billion SmallBusiness Lending Fund that interested community banks can use to makeloans to small businesses. The Actalso includes provisions that shouldignite SBA lending in the fourth quarter of 2010, provides targeted tax cutsfor small businesses, including incentives for investment in new equipment, and for other purposes.President Obama signed the billinto law on Monday September 27.Key provisions of the Small Business Jobs and Credit Act of 2010 thatwill interest the banking industry arethat it: Provides up to 30 billion in capital through a Small Business LendingFund for interested community banksto use to make small business loans.The Treasury Department will manage the program. Treasury will makeinvestments in banks in the form ofcapital that will have a five percentdividend rate. This dividend rate willdecrease if a bank increases its smallbusiness lending and rise if a bankdoesn’t use the capital to make loansto small businesses. Increases government guaranteeson SBA’s 7(a) loans to 90% throughDecember 31,2010; waives fees on 7(a)and 504 SBA loans through December31, 2010; and permanently raises sizelimits of SBA loans, including an increase from 2 million to 5 millionon 7(a) loans. Provides 12 billion in target taxcuts for small businesses, includingBDFEATUREexpensing up to 500,000 of capitalexpenditures in 2010 and 2011 and50% bonus depreciation in 2010. Funds 1.5 billion in grants to support state-run credit programs forsmall businesses. Allows a shorter S corporation holding period to mitigate the built-ingains tax. Enhances small business exportpromotion and SBA trade financingincentives.Paul Merski, senior vice presidentand chief economist at the Independent Community Bankers of America(ICBA) said that hundreds of smalland medium-sized banks see opportunities to make more small businessloans, but “are pulling in their hornsto preserve capital. These banks cannot raise capital on their own becauseprivate capital markets are still largelyfrozen. So, the new lending programcould provide the capital they need,”(continued on Page 8)Unicom can reducefixed asset costs with VMware.Make one computer do the work of several.Unicom Managed Services5NICOM 4ECHNOLOGIES PROVIDES 342!4#/- POWERED BY .sABLE A-ANAGED 3ERVICES 0ROVIDER -30 THAT S SECOND TO NONE 7E CAN LOG ONREMOTELY AND SECURELY CORRECT PROBLEMS AND EVEN PROVIDE PREVENTATIVEMAINTENANCE MONITORING AND MANAGING ANY DEVICE FROM ANYWHERE 5NICOM ALSO FEATURES s 0ROACTIVELY CORRECTING ISSUES ON DESKTOPS AND SERVERSs !UTOMATIC PATCHES SOFTWARE UPDATES AND OTHER ROUTINE TASKSs 3AVING YOUR COMPANY TIME AND MONEYUnicom is authorized to sell and install VMwares 2UNS MULTIPLE COMPUTER OPERATING SYSTEMS ON A SINGLE MACHINEs 3AVES MONEY SPENT ON MULTIPLE UNITS OR SERVICESEncrypted e-mails 7E PROVIDE :IX-AIL ONE OF THE SAFEST ENCRYPTED E MAIL SYSTEMS AVAILABLE 5NICOM HAS PROVIDED COMMUNITY BANKS AND CREDIT UNIONS WITH TOTAL )4NETWORK SUPPORT AND )NTERNET SECURITY SINCE 5NICOM 4ECHNOLOGIES s WWW UNICOM TECH COM s 5NICOM IS AN AUTHORIZED RESELLER OF vmware6-WARE AND AN AUTHORIZED RESELLER OF :IX-AIL FROM :IX#ORPOctober 4, 2010 BANKERS DIGEST Page

PEOPLEREGIONALNEWSWATCHNEW MEXICOMinchow Tapped EVP, Wasson Named Manager,Mutual of Omaha Bank Wells Fargo Tejeras OfficeMatthew Minchow has been appointed executive vice president of nationalbank products forMutual of OmahaBank (MOB), Omaha, NE. Minchow,based in Omahawill lead the bank’snational productsgroup, includingitsCommunityMinchowAssociation Bancoperation, whichserves property management companies and homeowners associations inall 50 states.Wells Fargo Regional Banking hasnamed Krystal Wasson store managerat 503 Hwy. 333 in Tijeras.She has 10 years of financial services experience, beginning her banking career with Wells Fargo in 2000.She has progressed through the ranksserving as teller, lead teller, servicemanager, customer sales and servicerepresentative, and personal banker QMinchow has more than 30 yearsof leadership experience, most recently serving as senior vice presidentof business development for NationalProcessing Company (NPC), a provider of electronic payment services QTEXASVeritex Holdings CompletesBuy of Professional BankVeritex Holdings Inc., Dallas, completed its acquisition of Dallas-based Professional Bank in September. The dealwas announced in March and requirednecessary approvals.Veritex Holdings was establishedby former executive of Colonial Bank’sTX operations, including current Veritex CEO C. Malcolm Holland whoserved as Colonial’s TX CEO.Veritex paid cash for the bank, according to a Dallas Business Journalnews article. The bank reports assetsof about 160 million and locations inthe Dallas neighborhood of Lakewood,in Garland, and in the Park Cities.According to an earlier bank newsrelease, Professional Bank CEO JamesMiller will oversee lending; and president and chief lending officer MarkSmith will continue as manager of theLakewood lending function.According to www.dallas.citybizlist.com,Veritez Holdings has raised 28.57million for a business combination asreported in an SEC filing.In addition to Holland and Miller,Veritex principals named in the filing include Ray Washburne, CEO ofCharter Holdings, Dallas; Ned Fleming III of SunTx Capital Partners LP;and John Sughrue, CEO of BrookPartners Inc. QLOUISIANACapital One Opens Branch,Southern University CampusCapital One Bank has opened a fullservice branch at 4646 Hilry HuckabyIII Ave. to serve the Southern University at Shreveport community, theMartin Luther King neighborhood,and surrounding areas. The branch,the first ever in the neighborhood,opened in September in an incubatorfor new entreprenuers operated by theuniversity QCORRECTIONTexas Regional Bank opened for business at 2019 South 77 Sunshine Stripin Harlingen. The September 13, 2010,issue reported incorrectly that thebank opened at 2302 South 77 Sunshine Strip.Page BANKERS DIGEST October 4, 2010

REGULATORSCharteractivityArizonaMERGERS AND ACQUISITIONSThe FEDERAL RESERVE BANKOF SAN FRANCISCO has filed an application by Grandpoint Capital Inc.,Los Angeles, CA, to acquire 100% ofSouthern Arizona Community Bank,Tucson.ArkansasMEMBERSHIPThe FRB OF ST. LOUIS has filed anapplication by Twin Lakes CommunityBank, Flippin, to become a member ofthe Federal Reserve System.LouisianaBRANCHESThe OFFICE OF FINANCIAL INSTITUTIONS has filed an applicationby Community Trust Bank, Choudrant,for a branch at 1312 University Ave.,Oxford, MS.The OFI has filed applications byIBERIABANK, Lafayette, for branches: 15 W. I-65 Service Rd N., Mobile,AL, and 22530 US Hwy. 98, Ste. 100,Fairhope, AL.The OFI has filed an application byBusiness First Bank, Baton Rouge, foran LPO at 435 Corporate Dr., Ste. 102,Houma.OklahomaMERGERS AND ACQUISITIONSThe FRB OF KANSAS CITY has filedan application by BancFirst Corp., Oklahoma City, to acquire 100% of ExchangeBancshares of Moore Inc., parent of Exchange National Bank, both of Moore.TexasBRANCHESThe TEXAS DEPARTMENT OFBANKING has withdrawn an application by Platinum Bank, Lubbock, fora branch at 82nd St. between QuakerAve. and Milwaukee Ave., Lubbock.The TXDB has approved an application by Allegiance Bank Texas,Houston, for a branch at 8800 KatyFwy., Ste, 100, Houston.The TXDB has received applications by IBERIABANK, Lafayette, LA,for branches: 1000 Memorial Mall and3810 Richmond Ave., Houston.Two Banks Fail in FL & WA;YTD Total Failures Are 127Haven Trust Bank, Point Vedra Beach,FL, was closed on September 24. TheFDIC, which was appointed receiver,entered into a P&A agreement withFirst Southern Bank, Boca Raton, FL,to assume all of the failed bank’s deposits (no premium) and purchase essentially all of the assets under a lossshare transaction.North County Bank, Arlington, WA,was closed on September 24. The FDICentered into a P&A agreement withWhidbey Island Bank, Coupeville, WA,to assume all of the failed bank’s deposits (2.0% premium) and purchaseessentially all of the assets under aloss-share transaction QThe TXDB has approved an application by Comerica Bank, Dallas, torelocate a branch from 910 LouisianaSt. to 777 Walker St., Houston.MERGERS AND ACQUISITIONSThe FRB OF DALLAS has filed an application by Henderson Texas BancsharesInc., Henderson, to acquire 85% of Prosper Bancshares Inc., and indirectly acquireProsper Bank, both of Prosper QOctober 4, 2010 BANKERS DIGEST Page

CLASSIFIEDBankers Diges tHOW TO CONTACT USFax to 214/221-4546. Mail responsesto Box Number c/o Bankers Digest,9550 Forest Lane, Suite 125, Dallas, TX75243-5928. Phone: 214/221-4544.email: bankersdigest@bankersdigest.comAdvertising rates are 35.00 for the first 25words; 10.00 for each additional 10 words perinsertion. Ads which use a Bankers Digest boxnumber for forwarding responses will be charged 5.00 additional per insertion for postage andhandling. Ads run on Bankers Digest websitefor the duration of the advertising agreementat no additional charge. Only Principalswill be assigned box numbers. Responsesto Bankers Digest boxes are forwarded twiceweekly. Advertising deadline is Monday noonfor following Monday’s publication. BankersDigest makes no representations or warrantiesfor information, products, or services containedin any advertisement herein or on our website.NN Positions AVAILABLECHIEF CREDIT OFFICER for multibillion dollar bank. Must have experience with similar bank size. Excel-Your Source For BankingHuman Resources AssistanceWhitneySmith provides a variety ofmanagement consulting services, including:RecRuitmentWage & SalaRy adminiStRationincentive compenSation BonuS planSRegulatoRy compliancepolicieS and pRoceduReSemployee HandBookSaffiRmative action planSemployee RelationS advice & counSelBenefitS analySiSunemployment claimS aSSiStanceWoRkeRS’ compenSation aSSiStancepRoductS & poSteRSlitigation SuppoRttRainingFor more information on all our services, pleasecall our office or visit our website at:www.whitneysmithco.com301 Commerce Street, Suite 1950Fort Worth, Texas 76102817.877.0014 817.877.3846 FaxPage BANKERS DIGEST October 4, 2010lent opportunity. Sharon Emiliano,Babich & Associates, Sharon@babich. com, 214/823-9999, #306, www.babich.com. (see banking).LOAN OPERATIONS MANAGER. Responsible for overall loan operationswith oversight of all loan supportstaff. Prefer 5 years loan operationsexperience and strong supervisoryskills. Harvey Urban, Babich & Associates, hurban@babich.com 214823-9999 #304.OPERATIONSMANAGER/COO:Community Bank, manage back-office Ops personnel, bring products/services strategies to enhance customer service. Mark Mitchell, LoneStar Search, 972.335.9009, www.lonestarsearch.net.COMMUNITY BANK LOAN OFFICER:Vernon, Texas. Must possess stronglending and business developmentskills. Community participation a plus.Call or send resume to Campbell Burgess, Herring Bank, CBurgess@HerringBank.com, 806-242-3704.Growing Houston based communitybank seeks Commercial and Industrial Lender with five plus yearsof C and I lending experience. Job requires prospecting, networking, creditunderwriting, credit analysis, and other skills necessary to grow a portfolioof loans. The lending position will befor the bank’s West/Southwest/Southeast Market. Please submit a resumeto bankersdigest@bankersdigest.com,subject line Box A-5.Need experienced AGRIBUSINESSLENDER. Cotton, peanuts, and rowcrop primary loan base. Livestocklending experience helpful. Bankhas 500mm in assets and 300mmin loans. Agricultural lending marketis primarily in South Plains includingGaines County. Competitive compensation and benefits. Call 432-685-6505or send resume to: President and CEO,6 Desta Dr., Suite 2400, Midland, TX79705. Mark Private & Confidential.Need LOAN CREDIT ANALYST forAg bank in Seminole, TX. Experience in credit analysis helpful, butwill accept applicants with finance,accounting, ag economics, and agscience degrees. Send resume to:President and CEO, 6 Desta Drive,Suite 2400, Midland, TX 79705.Mark Personal & Confidential.Need experienced COMMERCIALLENDER for Trans Pecos and Permian Basin rural markets. Send resumeto: President and CEO, 6 Desta Drive,Suite 2400, Midland, TX 79705. MarkPersonal & Confidential.COMPLIANCE OFFICER/IT PROFESSIONAL: Community bank in Houston seeking to fill two openings.A highly experieced complianceprofessional for hands-on positionand an IT trained individual to rundata area. Fiserv experience a plus.

CLASSIFIEDPlease send resume to bankersdigest@bankersdigest.com, subjectline Box S-1.LOAN OPERATIONS MANAGER. Responsible for management of loanoperations with oversight of all loansupport staff. Prefer 5 years loanoperations experience and strongsupervisory skills. Branching experience a plus. This community bankis located in Central Texas. Interested parties should send resume tobankersdigest@bankersdigest.com,subject line Box S-3.West Texas Community Bank seeksqualified candidates for two important positions. The firstposition is for a Senior Officerin our Main Office. The qualifiedcandidate must have at least tenyears prior banking experience toinclude commercial lending and bewilling to relocate. The second position is for a Branch Managerfor our Central Texas location. Thequalified candidate must have atleast five years prior banking experience to include commercial lending. Compensation packages will becompetitive. Please send resume tobankersdigest@bankersdigest.com,subject line Box S-2.COMMUNITY BANK LENDER – FirstFinancial Bank, N.A. (Abilene), 120 year old community bank ranked#1 in the Nation by Bank Director’sMagazine with 1.1 billion totalassets, is seeking a commerciallender for one of our communitybranch banks. Minimum 3-5 yearscommercial and consumer lendingexperience required. Ag lending isdesirable. Competitive salary andexcellent benefits. Send resume tobankersdigest@bankersdigest.com,subject line Box S-4.First Victoria National Bank, an independent bank established in1867, has an immediate opening inVictoria for a LOAN OFFICER in itsAgribusiness lending department.The ideal candidate will developand service a diverse loan p ortfolio. Requirements include 3 yearsexperience in agricultural lending.Email your resume in confidence toHR@firstvictoria.com. E.O.E.Houston-based bank is seekinga motivated, experienced CHIEFLENDING OFFICER who will direct, coordinate, and supervise alllending activities for commercial,consumer, and residential loans.Candidate must demonstrate effective leadership skills by creating apositive work environment whereemployees thrive and the organization achieves desired results. Sendresume to hr5031@yahoo.com.Town and Country Bank, an Independent Main Street CommunityBank, is growing and needs to expand its lending operations. We areseeking a qualified loan officerwith 3 – 5 years consumer, commer(continued on Page 8) www.NorthAmericanBuildings.com Custom Designed BankCall todayFacilities Exterior Design & Color for a freeRenditionsconsultation Financial EquipmentPackage Includedincluding Optional Site & Construcbuildingtion Management Lower Cost & Fastdesign andCompletionsite plan Site Evaluation & PlotPlan Layoutlayout Interior Design &at no cost.Space Planning888.800.8866October 4, 2010 BANKERS DIGEST Page

Bankers DigestPERIODICAL9550 Forest Lane, Suite 125Dallas, Texas 75243-5928(USPS 041180)ADDRESS CHANGE - When writing to usabout your subscription, enclose the addresslabel from your copy of Bankers Digest. Youcan also change your address at www.bankersdigest.com under subscriptions.cial and real estate lending experience for one of our banking centers.Interested applicants should sendresume to jwood@tcbank.com.Locally owned community bank inPalestine, Texas, is seeking a motivated individual with 5 yearslending experience. Positionrequires a complete understanding of the credit process and strongbusiness development skills. Competitive compensation and benefits.Please send resume to Jerry Nowlin,East Texas National Bank, P.O. Box770, Palestine, Texas 75802.North Central Texas area 100 million-plus bank CEO and LOAN OFFICER POSITION. Needs 25 yearsof community bank experience inPage BANKERS DIGEST October 4, 2010all areas of banking including commercial real estate, consumer lending, and selling residential loans tosecondary market. Must have excellent PR abilities and good communication skills. Salary and benefitpackage can be negotiated. Sendresume to bankersdigest@bankersdigest.com, subject line Box O-1.equipment for saleFOR SALE: Used & refurbishedbank equipment. Over 340 typesSD locks, repair parts & timelocksfor all brands excluding ATMs & remote drive-ins. OK license #1055.1-800/642-8763, or FAX: 580/5847720, or email: underwoodsafe@yahoo.com or www.underwoodsafe.net.Feature (continued from Page 3)Merskin predicts the program couldbecome available to community banksas early as the fourth quarter of thisyear. The key to the program’s successfor banks, he said, is whether regulators will treat Small Business LendingFund investments in banks as Tier 1capital, the best form of capital as faras regulators are concerned. If it is notcounted as Tier 1 capital, it’s probablynot going to work, observers say.Tony Wilkinson, president/CEOof the National Association of Government Guaranteed Lenders, wasquoted in an article by Kent Hoover,Washington bureau chief for bizjournals.com, that pent-up demand for SBAloans will explode now that Congresshas reinstated breaks that make SBAloans less risky for lenders and moreaffordable for borrowers.Wilkinson said about 500 millionin 7(a) and 504 loan applications areon a waiting list the SBA set up forborrowers who wanted to wait to seeif the breaks were reinstated. He saidlenders also have anotherr 1.5 billionin SBA loan applications pending.Wilkinson predicts that many community banks will take advantage ofthe Small Business Lending Fund toincrease their SBA lending. “ I can’tsee it getting better than this,” he said.”This is the time to search out an SBAlender.” Stay tuned!For more detailed informationabout H.R. 5297, visit: www.opencongress.org/bill/111-h5297/show Q

Shreveport and named its senior officer staff. Greg Lott has been named mar-ket president, and A. Cantu Jr. will serve as senior vice president, se-nior relationship manager. In addition, the bank has named Shane Blythe vice president, com-mercial relationship manager; Tyler Speckman vice president, commercial

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