Funke Named to Lead Stillwater National in OK Sohn Named … · 2013. 10. 18. · Funke Named to...

New Orleans area, and provide leader-ship support for area non-profits and business and community organizations. Wessel most recently served as se-nior vice president and New Orleans market president for Lafayette-based Home Bank and previously was presi-dent/CEO and director at Guaranty Savings Bank in Metairie. The New Or-leans native received a bachelor’s de-gree in finance from Loyola University. Dobson, a 17-year banker, will lead commercial, small-business, and pri-vate banking. He most recently served as first vice president and senior com-mercial relationship manager and previously served at Guaranty Savings Bank, AmSouth, and Whitney. He is a University of New Orleans graduate Q

Investar Bank, Baton Rouge, LA, named career bankers Stephen E. Wessel as re-gional president of the new fran-chise serving the New Orleans-area market, including the north shore of Lake Pontchar-train, and Kevin J. Dobson as chief lending officer, said John D’Angelo, president/ CEO. Wessel, a 27-year banker, will be responsible for the development, expansion, and management of all branching, commercial, consumer, and mortgage banking activity for the

Stillwater National Bank and Trust Company (SNB), Stillwater, OK, and Bank of Kansas, subsidiaries of South-west Bancorp Inc., announced Mark W. Funke has been named pres-ident/CEO, effec-tive October 1, 2012. Funke pre-viously served as market president for Tulsa-based Bank of Oklaho-ma, N. A., in Okla-homa City. He replaces Rick Green, who earlier this year announced he would retire in January 2013. Bob Rod-gers, chairman of the board of SNB, Bank of Kansas, and Southwest Ban-corp Inc., made the announcement. Green will remain with the organi-

IBC Bank-San Antonio board of direc-tors has named Mike Sohn to lead San Antonio op-erations as presi-dent/CEO. He suc-ceeds former CEO Steve Edlund and is the bank’s third CEO for the San Antonio market since it opened for business in the Al-amo City 26 years ago. Sohn, a 28-year banker, has served with IBC Bank for more than two de-cades. He previously served as execu-tive vice president in charge of com-mercial lending in the San Antonio market. He will manage the day-to-day operation of the commercial lend-ing department and oversee the retail branch network of 30 locations, which also includes branches in Luling, Mar-ble Falls, San Marcos, and Schertz. Sohn graduated with a BS degree from Texas A&M University in College Station and from the Intermediate Banking School at SMU Q

Volume 141, No. 11September 17, 2012

In This Issue...Why Independent Review for Interest Rate Risk and Liquidity Risk Management? Part IIFeature............................................3

Charter Activity............................8

Classified.......................................9

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Funke

Funke Named to Lead Stillwater National in OK

Published weekly on Mondays except fifth Mondays

Sohn

Wessel

Sohn Named Pres/CEO, IBC Bank San Antonio

Wessell & Dodson to Lead Investar in New Orleans

zation as president emeritus starting Oc-tober 1 and will serve as a transition consultant until January 31, 2013. Funke joined Bank of Oklahoma, N. A., in 1984 and has served in his cur-rent position since 1997. He is a grad-uate of Kansas State University and the American Bankers Association Stonier Graduate School of Banking. He is actively engaged in community and national banking affairs, current-ly serving on the American Bankers Association Government Relations Council. He serves on the boards of the Greater Oklahoma City Chamber of Commerce, Allied Arts Foundation, Lyric Theatre of Oklahoma, Oklaho-ma Health Care Foundation, YMCA of Oklahoma City, Oklahoma Medical Research Foundation, and United Way of Central Oklahoma Q

BANKERS DIGEST September 17, 2012

graduate degree from The University of Texas at Austin.

Broadway also announced that Bill Meek has been named ex-ecutive vice presi-dent and chief in-formation officer. He joined Broad-way in 2003 as vice president and in-formation technol-

ogy manager and was later promoted to senior vice president and informa-tion systems manager. He earned a BS degree in electronics engineering technology from Virginia Polytechnic Institute and State University Q

dent of private banking in San Anto-nio. For the past several years, he has

served as a senior vice president of private banking for a regional bank, where he founded the San Antonio private banking division. Prior to that, he served over 10 years in various leadership

and advisor roles, in both a domestic and international capacity, for global financial organizations. He holds an MBA degree in international business from the University of the Incarnate Word in San Antonio and an under-

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Lutz and Meek Named Executive VP, Broadway Bank in San Antonio

Valliance Bank, Oklahoma City, an-nounced that Joe Booth has been named vice president of commercial lending at the McKinney Bank. He has served in banking for over 14 years in various commercial man-agement positions, most recently vice president of the commercial banking group with City Bank Texas. Booth holds a BA degree from Ste-phen F. Austin State University. He

Booth Joins Valliance in McKinney as VP/Commercial Lending

Howard H. Lutz has joined Broadway Bank as group executive vice presi-

MeekLutz

is active on several boards and com-munity programs, including Habi-tat for Humanity, United Way, Junior Achievement, SPCA, and Operation Kindness Q

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This article is the second in a two-part series covering the value of periodic independent reviews of banks’ in-terest rate risk (IRR), which was dis-cussed in part one, and liquidity risk management. Independent li-quidity risk man-agement reviews help banks gain perspective. Un-like IRR reviews, the regulatory requirement for independent li-quidity risk management reviews is relatively new, and many banks may be somewhat unfamiliar with the full extent of the requirements.

R e g u l a t o r y guidance, per the Interagency Policy Statement on Fund-ing and Liquidity Risk Management, states that man-agement should ensure that an in-dependent party

regularly review and evaluate the

various components of the institu-tion’s liquidity risk management process. It further states that these reviews should assess the extent to which the institution’s liquidity risk management complies with both supervisory guidance and industry-sound practices, taking into account the level of sophistication and com-plexity of the institution’s liquidity risk profile. Institutions can satisfy the inde-pendent-review requirement by as-signing the responsibility to their in-ternal audit department or to other qualified individuals who function independently from the institution’s

F e A T U R eRISK MANAGEMENT

(continued on Page 9)

ByBill Delong, CPA, and

James Mihills, CPAwww.weaverllp.com

Why Independent Reviews for Interest Rate Risk and Liquidity

Risk Management? Part II

risk management process. However, in many instances, banks choose to use third-party vendors to provide these services. One of the biggest benefits to out-side, independent reviews is broader industry perspective and greater expo-sure to industry best practices. While this is a benefit for independent IRR reviews, it is even more important for liquidity risk management. Why? Most banks typically use one of a handful of vendor-supplied products for IRR models, but liquidity risk manage-

ment reporting is generally developed internally and is unique to each in-stitution. As a result, there is a wide range of liquidity reporting practices and information presentation, as well as significant differences in how li-quidity measurements are calculated. With this diversity in liquidity report-ing practices, having an outside re-viewer evaluate bank practices can be helpful. What should an independent liquid-ity risk management review address?

Bill Delong

James Mihills


Nagle currently serves on the St. Jo-seph High School board and as a Vic-

toria Youth Soccer Organization se-lect girls coach. Also in Victoria, commercial lend-ing officer John P. (J.P.) Green has been given addi-tional duties and has been named senior business development of-

ficer and lending officer. He joined the bank in 2007 after serving in other area banks for over 26 years. He holds a bachelors degree from Texas A&I University and an MBA degree from Corpus Christi State University. He has been active in community organizations, including the Victoria Northside Rotary Club and the Victo-ria Fine Arts Board of Directors Q

p e o p l eTeXAS

American Bank - Victoria Taps Nagle Sr Lending Officer, Green Sr Business Development Officer

Stuckert, Appelt, Lockaby Join Southwest Bank

Nagle Green

Southwest Bank, Fort Worth, has hired Brenda Stuckert and Sulema

Appelt, who will work together to serve the bank’s Northeast Tarrant County custom-ers. Stuckert will serve as a banking center president and Appelt as se-nior vice president and commercial lender.

Stuckert has nearly 20 years of bank-ing experience, previously serving as area president over the Colleyville and Grapevine locations of Denton-based NorthStar Bank of Texas. A 1993 graduate of The University of Texas at Arlington, she holds a BBA degree.

She is active in the Tarrant County community, serv-ing on the boards for organizations such as Grapevine Relief And Com-munity Exchange (GRACE), and the Grapev ine /Co l -leyville Indepen-dent School Dis-

trict (GCISD) Education Foundation. Appelt was previously an SVP and commercial lender at NorthStar Bank of Texas’ Colleyville location and ear-lier served at Wachovia, now Wells Fargo, in Dallas. She has more than 17 years of banking experience. She is a member of the Colleyville Women’s Club and serves on the board of direc-tors for the GCISD Education Foundation. Kevin Lockaby has also joined as se-

nior vice president-investments at the Midtown location in Fort Worth. He has 10 years of fi-nance and invest-ment experience, most recently with BBVA Compass in-vestment solutions in Dallas Q

Stuckert

Appelt

American Bank, N. A., Corpus Christi, has announced that Patricia Nagle has

joined the Victoria office as a senior lending officer for business, profes-sional, and execu-tive customers at the 4304 N. Navar-ro St. location. With more than 17 years of busi-ness banking expe-rience in the Victo-

ria market, Nagle began her career as a credit analyst and served for a number of years as a senior business relation-ship manager in the private/business banking department of another bank before joining American Bank. She holds a BBA degree in accounting and an MBA degree, both from the Univer-sity of Houston – Victoria. Active in the Victoria community,

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ARIZoNA

Balcazar Tapped CRA Loan Officer, Mutual of Omah Bank

Lynell Skarda, Chairman of Citizens Bank of Clovis Dies

Sergio Balcazar has joined Mutual of Omaha Bank as a Community Re-investment Act (CRA) loan officer in Phoenix. Based out of the bank’s Tem-pe location at 125 East Southern Ave., he will be responsible for originating mortgage loans to CRA-qualified cus-tomers and overseeing the bank’s CRA loan portfolio in AZ. Balcazar has more than 25 years of banking experience, including CRA, mortgage lending, and branch man-agement at another AZ bank. He has been a member of the Community Housing Resources of Arizona (CHRA) board of directors for six years and a collaborative member of the Arizona Community Reinvestment Collabora-tive (ACRC) for the past four years Q

Lynell Skarda, chairman of the board of the Citizens Bank of Clovis, died at his home in Clovis on September 2 at the age of 97. Skarda was NM’s oldest practic-ing lawyer until his health began fail-ing the last few months. He dressed in his trademark bow tie and — armed with a sharp legal mind that took him to the Supreme Court — practice law in his office above Citizens Bank of Clovis. A.W. Skarda, Lynell’s father, helped found the Farmers State Bank of Clo-vis in 1920. Four years later, it merged with Citizens Bank. He was a graduate of the law school at Washington & Lee University in Lexington, VA. He practiced in Clovis after his 1941 graduation and served as a military lawyer during World War II. “He would give you good advice,” said son Jeff Skarda, “but it would last for three sentences.” Always an interesting and colorful man, Skarda was a strong supporter of ICBA/NM with Citizens Bank of Clovis being one of the founding members of the association, said Jerry Walker, ICBA/NM CEO Q


Quail Creek Bank, Oklahoma City, has promoted Erin Batey to senior vice president, accord-ing to President and CFO Doug Fuller and CEO Bert Olah. Batey, a 20-year banker, joined Quail Creek in 2009 to provide treasury manage-ment services for corporate cus-tomers. In the past year she has tran-sitioned her expertise to the newly formed private bank department. She is a graduate of Oklahoma State University with a degree in ac-counting/agricultural economics and recently attended the ABA Graduate School of Banking in Colorado. She has been active in community and civic organizations, including the Downtown OKC Kiwanis Club and has served as race co-chairman for the Re-

p e o p l e ARKANSASoKlAHoMA

TRADe ASSoCIATIoN

Thornton and Hendrickson Join Citizens Bank BatesvilleJohn Dews, president/CEO of Citi-zens Bank, Batesville, has announced Penny Thornton has joined Citizens as executive assistant and assistant secretary. She has more than 25 years of administrative and leadership ex-perience. She has served the Bates-ville business community in various key positions, including United Way executive director. Also, Anne Hendrickson has joined Citizens as vice president of trust, ac-cording to Robin Brock, senior vice president and trust officer. Hendrick-son has served in the trust business since 1988 with experience in corpo-rate and personal trust Q

loUISIANA

Batey Upped to SVP, Quail Creek in OK City

Billeaud Named First VP, Home Bank in Lafayette

The American Bankers Association’s nominating committee has selected the official slate of officer candidates for election at the association’s annu-al convention to be held in San Diego October 14-16. The committee nominated these candidates for officer positions: chair-man: Matthew H. Williams, chair-man and president, Gothenburg State Bank, Gothenburg, NE; chairman-elect: Jeff L. Plagge, president/CEO, Northwest Financial Corp., Arnolds Park, IA; vice chairman: John A. Ikard, president/CEO, FirstBank Holding Co., Lakewood, CO, and treasurer: Gary D. Hemmer, president/CEO, First Na-tional Bank of Waterloo, Waterloo, IL. The committee also selected these nominees from the Bankers Digest cov-erage area for the board of directors for consideration at the convention: F. Scott Dueser, chairman and presi-dent/CEO, First Financial Bankshares Inc., Abilene, TX (3-year term), and John M. Hairston, Co-CEO and COO of Hancock Holding Co., Gulfport, MS. (3-year term). Albert C. Kelly Jr., president/CEO, SpiritBank, Bristow, OK, and a past ABA chairman serves as chairman of the nominating committee Q

Batey

lay for Life and as a loaned executive for the United Way campaign Q

Home Bank, Lafayette, has announced that Randy Billeaud has joined as first vice president and mortgage sales manager, taking over the management and leadership of mortgage lending for all markets. His mortgage and lending experi-ence began in 1983. He has served with Troy and Nichols, Chase Bank, Washington Mutual, Wells Fargo, and most recently, Bank of America Merrill Lynch as a vice president and wealth management banker. His experience covers all aspects of mortgage lending from wholesale to retail. He has served as a governor of the board for the Louisiana Mortgage Lenders Association, affiliate direc-tor on the Lafayette Board of Realtors, was awarded Lafayette Board of Real-tors Affiliate of the Year in 1997, and was named to the Lafayette Board of Realtors Honor Society Q

ABA Nominates Officers, Directors for 2012-2013


Dickie Heathcott, Partner

Dallas

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R e G U l A T o R S

C h a r t e r

a c t i v i t y

MN Bank Fails; Total YTD 41The Minnesota Department of Com-merce closed First Commercial Bank, Bloomington, on September 7 and appointed the FDIC receiver. The FDIC entered into a P&A agreement with Republic Bank & Trust Company, Lou-isville, KY, to assume all of the depos-its and to purchase essentially all of the assets. As of June 30, 2012, First Commercial Bank had approximately $215.9 million in total assets and $206.8 million in total deposits. The failure is the fourth in MN in 2012 Q

ArkansasBRANCHES The ARKANSAS STATE BANKING DEPARTMENT has approved an ap-plication by Liberty Bank of Arkansas, Jonesboro, for a branch at 1895 Har-rison St., Batesville.LouisianaBRANCHES The FEDERAL RESERVE BANK OF DALLAS has filed an application by Community Trust Bank, Choudrant, for a branch at 1912 Main St., Madison, MS.New MexicoBRANCHES The OFFICE OF THE COMP-TROLLER OF THE CURRENCY has received an application by First Na-tional Bank Texas, Killeen, for a First Convenience Bank branch at 3728 N. Prince St., Clovis.OklahomaBRANCHES The OCC has approved an appli-cation by The Fort Sill National Bank, Fort Sill, for a branch at 5341 Hwy. 25, Flowood, MS.TexasCHARTERS The TEXAS DEPARTMENT OF

BANKING has received an applica-tion by Veritex Community Bank, N. A., Dallas, to convert to a state bank charter under the title Veritex Com-munity Bank, Dallas. The TXDB has received an applica-tion by Mason National Bank, Mason, to convert to a state bank charter un-der the title Mason Bank, Mason.BRANCHES The FRB OF DALLAS has filed an application by LegacyTexas Bank, Pla-no, for a branch at 7300 Dallas Pkwy., Plano. The TEXAS DEPARTMENT OF BANKING has received an applica-tion for this branch. The OCC has received an applica-tion by Inter National Bank, McAllen, for a branch at 1450 Lake Robbins Dr., Ste. 160, The Woodlands. The OCC has received an applica-tion by Citizens National Bank, Cam-eron, for a branch at 201 W. Palm Val-ley Blvd., Round Rock. The OCC has approved an applica-tion by First-Lockhart National Bank, Lockhart, for a branch at 800 W. FM 150, Kyle. The OCC has approved an applica-tion by Extraco Banks, N. A., Temple, for a branch at 101 Hwy. 281 N., Marble Falls.MERGERS AND ACQUISITIONS The TXDB has approved an appli-cation by Independent Bank, McKin-ney, to merge with United Community Bank, N. A., Highland Village. The TXDB has received an applica-tion by Texas Bank and Trust Compa-ny, Longview, to merge with The First National Bank of Canton, Canton Q

BANK FAIlUReS

N e W S W A T C H

N e W S W A T C H

Problem Bank Numbers FallThe number of "problem" institutions on the FDIC list fell to the lowest level in 10 quarters (since year-end 2009) to 732 at June 30. Total assets of "prob-lem" institutions declined to $282 bil-lion. Fifteen insured institutions fell in the second quarter of 2012. Another 10 banks have failed so far this quarter. The unaudited DIF rose to $22.7 billion at June 30 from $15.3 billion at March 31, 2012. Fewer expected failures, assessment revenue, and $4 billion previously set aside for debt guarantees under the FDIC’s Tempo-rary Liquidity Guarantee Program con-tibuted to the DFI increase Q

pRoBleM BANKS

Investar Bank Reports Plans For New Orleans Expansion

loUISIANA

Investar Bank, Baton Rouge, an-nounced in June that it had purchased a 4,000-square-foot facility in Mandev-ille at 2929 Hwy. 190, where it expects to open in early 2013 a full-service branch. This will be Investar’s second location in the area to complement its Metairie location announced in early April for 500 Veterans Blvd., which is expected to open in October.

(continued on Page 9)1 4 8 O O S T M A R Y ’ S L N • S U I T E 1 2 O • H O U S T O N , T X 7 7 O 7 9W W W . M G A R C H I T E C T S . C O M • 7 1 3 - 5 5 2 - O 7 O 7

F I N A N C I A L D E S I G N S P E C I A L I S T S F O R O V E R 2 5 Y E A R S


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LOOKING TO PURCHASE BANK: A serious investor group desires to purchase bank. The group is well capitalized and comprised of expe-rienced bankers and former regula-tors. The group would prefer a bank within a 150 mile radius of the Dal-las-Fort Worth metroplex, but would consider banks located outside this area. All communications between the bank and investor group will be held in strictest confidence. Re-spond to [email protected], subject line Box Y-8.

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EXPERIENCED CREDIT OFFICER. Performed successsfully (verifi-able) as chief credit officer, in-house loan review and work-out specialist at Dallas area banks. Top references. Available to work as employee or contractor, part or full time. Resume and references provided upon request. Contact Myron T. Butler at 972-387-0292 orm y r o n t b u t l e r @ g m a i l . c o m .

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WEST TEXAS CREDIT OFFICER needed for opportunity to grow with community bank. Must have formal credit training. Sharon Emiliano, Babich & Associates, [email protected], 214/823-9999, #306. www.babich.com.

SENIOR COMMERCIAL LOAN OFFI-CER needed in TYLER, TX area. Per-son will have10+ years of solid lend-

ing experience. Business degree a plus. Reimbursement for relo avail-able. Contact Donald Graff, Babich & Associates, [email protected], 214/823-9999, #319.

BANK RECRUITER for Dallas Office needed. Solid experience in bank-ing needed with the desire to build a new long-term career. Excellent training provided. Call Sharon Emil-iano for additional details. Babich & Associates, [email protected], 214/823-9999, #306. www.babich.com.

LAKE CHARLES, LA: Great Opportunity for LOCAL COMMERCIAL LENDER to join stable bank, in lending mode, with strong incentive program. Mark Mitch-ell, Lone Star Search, 972.335.9009, www.lonestarsearch.net.

TEXAS COMMERCIAL LENDER: Solid Community Bank EAST OF AUSTIN will add high-integrity, get-it-done, VP-level lender to staff. Position will inherit a clean, commercial portfolio of loyal customers, enjoy a beautiful facility in which to work and a less hectic, smaller-town lifestyle. Clean credit and criminal check, and particularly high-character, required. Mark Mitchell, Lone Star Search, 972.335.9009, www.lone starsearch.net.

An independent review, whether internal or by an outside reviewer, should address policy and contingen-cy funding plans for consistency with supervisory guidance and industry best practices. It should also evalu-ate the scope of liquidity reporting, forecasting and stress testing, and it should gauge the adequacy of funding diversification and daily cash manage-ment. The review should also include testing of liquidity reporting for accu-racy and consistency against internal policies, supervisory guidance and in-dustry best practices. An independent review should also include the documenting and report-ing of key issues requiring attention, including instances of noncompli-ance, to the appropriate level of man-agement for prompt corrective action consistent with approved policy. Many times, banks view indepen-dent reviews, for both IRR and liquidi-ty risk management, as only necessary to satisfy regulatory requirements. While that is important, these reviews are also a valuable tool to help man-agement gain additional perspective Q

About the authors: Bill Delong, CPA, (817.882.7360 or [email protected]) is a partner in ad-visory services, and James Mihills, CPA, (817.882.3614 or [email protected]) is a senior manager in advisory services for Weaver, the larg-est independent accounting firm in the Southwest, with offices through-out Texas.

(continued from Page 3)

Investar Bank (continued from Page 8)

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Investar also has five branches in Baton Rouge, Denham Springs, Port Allen, Prairieville, and a sixth in Lafay-ette expected to open in 2013, pend-ing regulatory approval. Investar Bank reported total assets of $316 million at June 30, 2012, and a Tier 1 capital ratio of 12.01% Q

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Community Bank located in WISE COUNTY, TX, is seeking to fill two key positions. CFO/CASHIER is needed to manage the accounting operations of the bank. Must have experience in regulatory reporting and bank op-erations. Three to five years CFO/Ca-shier experience required. CREDIT ANALYST is also needed to conduct an analysis of the larger commercial credits and summarize loan requests to submit to loan committee for ap-proval. Three to five years of analyst experience required. Please send re-sume to [email protected].

Large independent financial insti-tution is seeking a full-time, AUDIT MANAGER. 7-10 years of internal controls and audit procedures expe-rience is required. Extensive knowl-edge of banking laws and regulations as well as previous audit experience strongly desired. Bachelor’s degree required with coursework in Account-ing or Finance. Certified Internal Au-ditor or Certified Public Accountant preferred. Competitive salary and benefits. Position may office in either Austin or Corpus Christi, Texas. For confidential consideration, please apply on-line at www.americanbank.com. Equal Opportunity Employer.

COMPLIANCE OFFICER IN SOUTH TEXAS: Do you like to fish, hunt, golf, or relax at the beach? First Commu-nity Bank, Corpus Christi, TX, is look-ing for a COMPLIANCE OFFICER for our $300M bank with 7 branches. Preferred requirements include 5

years compliance experience both loan and operations and knowledge-able on the recent regulatory chang-es. Must have good communication skills, presentation skills, and able to multitask and prioritize. Competitive salary and benefits. Send resume and salary requirements to [email protected]. EOE.

Well established independent com-munity bank in West Texas is seeking an AG LENDER. College graduate with 3 – 5 years of ag lending or ag

SAN ANTONIO - area community bank seeks SEASONED LENDING AND RELATIONSHIP MANAGING EXECUTIVE with generalist lending skills and ability to manage one or more branches. Knowledge of agri-cultural credits helpful, but not es-sential. Business development and administrative skills and the desire to be part of the community and se-nior management team will be im-portant. Send resume in confidence to [email protected], subject line Box J-7.

$400M independent community bank in East Texas has an opening for a COMPLIANCE OFFICER. Must have compliance experience. Send resume in confidence to bankers [email protected], subject line Box D-5.

Well rounded COMMERCIAL/CON-SUMER LENDER, ASSISTANT IN-VESTMENT OFFICER, BOARD SECRETARY. Growing West Texas Community Bank is seeking an indi-vidual with the above qualifications. This individual would be a part of the Executive Management team of a well capitalized, stable community bank with local ownership. Reply to [email protected], subject line Box T-5.

BRANCH MANAGER - for small town West Texas community bank. Individ-ual would need a minimum of 2 years lending experience with some opera-tions experience. Good opportunity to grow and run your own “shop” and be a part of the bank management.

817.877.4120 or 817.877.0014817.877.3846 [email protected]

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sonnel. Respond to [email protected], subject line Box S-4.

North Louisiana Community Bank seeking a LOAN SERVICING SPE-CIALIST. Position will act as point of contact for residential loan ad-ministration issues/workflow, handle all escrow-related functions as well as management of servicing staff. Strong working knowledge of Fannie Mae seller/servicer requirements re-quired. Bachelor’s degree preferred or equivalent hands-on experience in residential mortgage loan servicing is required. For additional details, re-ply to [email protected], subject line Box S-5.

LAKE CITY/CREEDE CO: Work in the Colorado mountain towns of your dreams, nestled 8500 ft in the San Juan Mountain range. Our commu-nity banks are looking for an individ-ual to be the BRANCH PRESIDENT. This individual must have lending experience and will manage the cur-rent portfolio. Please send resume to [email protected]. EOE.

EQUIPMENT

FOR SALE or LEASE: MODULAR BANK BUILDINGS. Immediately available. 14’x66’ or 24’x66’. Texas coded facilities. Banking equipment included along with drive-thru. Con-tact Clint Werts at 888-800-8866. [email protected].

related background preferred. Suc-cessful candidate will need strong communication skills and commit-ment to community involvement. Re-ply to [email protected], subject line Box S-2.

Strong community bank seeks COM-MERCIAL LENDER for Longview, Texas, location, and mortgage lender (both secondary market and portfolio experience) for Tyler branch. Good opportunity for growth. Send resume and salary requirements in confi-dence to [email protected], subject line: Box S-1.

ARE YOU READY FOR A CHANGE? The individual we are seeking will possess impeccable banking cre-dentials and will collaborate with an outstanding Executive Team using his/her advanced degrees in busi-ness and 20+ years of experience in Banking to direct strategy, imple-ment growth initiatives, and man-age risk of this billion dollar plus Texas-based bank. He/she will have a proven track record of success in driving asset quality and ensuring profitable financial performance of retail banking as well as commercial and community lending. If you are ready for a challenge or just ready for an exciting opportunity, please submit a letter of interest and re-sume to [email protected], subject line S-3.

COMPLIANCE OFFICER needed for Independent Community Bank in EAST TEXAS. Must be self starter with good communication skills-both oral and written. Excellent benefits and wonderful small-town environment. Applicable experience required. Send resume to: [email protected].

NORTHEAST TEXAS agriculture lender seeks VICE PRESIDENT/RELATIONSHIP MANAGER for the Kaufman/Terrell area. Bachelor’s degree in Business Administration, Finance, Agricultural Economics, or a related field; or equivalent experi-ence and eight (8) to ten (10) years of progressively responsible banking or related agricultural lending expe-rience. Experience should include a broad understanding of lending regu-lations, credit operations, and credit practices. Send resume with refer-ences to [email protected]. EOE/M/F/D/V.

Strong, well-established, locally owned community bank is seeking an AREA MANAGER WITH AG LENDING AND MANAGEMENT EXPERIENCE to oversee existing locations in south-eastern Arizona. College graduate with 5+ years of Ag Lending experi-ence with excellent communication skills is preferred. Successful candi-dates must be able to conduct busi-ness with a diverse customer base and continue to develop branch per-

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Bankers DigestP.O. Box 743006Dallas, Texas 75374-3006(USPS 041180)

PERIODICAL

IBAT Launces Mobile AppThe Independent Bankers Association of Texas (IBAT), Austin, has launched the first mobile app created by a state banking association to provide its members with convenient access to crucial information. The mobile app IBAT2GO includes sections for news, Legal Ease, IBAT events, and contact us with a function for users to contact the IBAT staff member who oversees each section. To view a helpful video, visit https://video.com/48097827. The app is available for iPhones; download for free from the Apple store Q

Two Years Later, Dodd-Frank Act Rules Only Half WrittenThe Dodd-Frank Act was passed in 2010 to rein in the Wall Street excesses that led to the recent financial crisis, but the massive law is only half in effect, according to the House Financial Ser-vices Committee’s Dodd-Frank Burden Tracker (http://financialservices.house.gov/burdentracker/). To date, 224 of the law’s 400 rules have been written, totaling 7,365 pag-es and creating the biggest changes to financial regulation since the Great Depression, according to Roland Li from International Business Times.

House Financial Services Commit-tee Chairman Spencer Bachus, R-AL, said he started the “Burden Tracker” after the Republican takeover of the U.S. House. The latest version of the tracker is contained on a 23-page spreadsheet. Since the Burden Tracker’s April launch, 39 more rules have been add-ed. At its current pace, the law’s 400 rules won’t be completed for another two years, but a Mitt Romney victory in November could lead to a repeal ef-fort, according to Li Q

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