Mark Wade took the helm of Bank of Texas after Norm Bagwell retired following an 18-year run leading the financial institution.
, who had served as CEO since 2008, on Jan. 1. Bagwell has transitioned to a part-time role where he will focus on client development and recruiting talent. Under Bagwell, Bank of Texas grew to become the 8th-largest bank in the Dallas-Fort Worth market with more than $7.7 billion in deposits as of June 30, according to the Federal Deposit Insurance Corp.
In his first interview since becoming CEO, Wade said the succession plan had been in the works for a while and took place because Bagwell was ready to retire. What is the state of the bank right now? How well capitalized are you, and how do you think you're positioned during this uncertain economic time?
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