-
A credit review, along with concerns about certain change-in-control agreements, led Southwest Bancorp last summer to terminate a letter of intent to buy First Commercial Bancshares. The banks revisited the deal months later at a lower premium after First Commercial addressed the issues.
July 7 -
BOK Financial in Tulsa, Okla., has agreed to buy MBT Bancshares in Kansas City, Mo., for $102 million.
December 8 -
The Federal Deposit Insurance Corp.'s third-quarter industry update pointed to signs of banks expanding their risk profiles despite slow revenue growth.
November 24
Southwest Bancorp in Stillwater, Okla., has cut ties with its chief banking officer and promoted three executives.
The $2.1 billion-asset holding company for Bank SNB announced the changes this week. John Danielson, who had been chief banking officer since 2011, is no longer employed by the company.
Removing the chief banking officer role is intended to boost efficiency, improve credit flow and provide more direct management at the market level, the company said in a news release.
Southwest also promoted three executives—Clay Jett, Rick Sirchio and Matt Pollock—each to the position of regional president. Jett, Sirchio and Pollock will report directly to Bank SNB's chief executive, Mark Funke.
Jett will be regional president for the South Texas region, which includes San Antonio and Austin. He had been San Antonio market president since 2013, a he will also retain that role. Additionally Jett will lead the bank's treasury services business.
Sirchio will become regional president for North Texas, including Dallas and Fort Worth. Sirchio will also retain his current roles as Dallas market president and manager of healthcare lending.
Pollock will become president for the north region, including Oklahoma, Colorado and Kansas. Pollock has been Oklahoma City market president since 2012. David Sine will succeed Pollock as Oklahoma market president.
