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Top banking moves: First Busey appoints CFO; First Hawaiian COO to step down

S&P Global Market Intelligence presents a weekly news summary of executive management and board chair-level changes in the bank and thrift industry.

July 30

Greenville, S.C.-based Southern First Bancshares Inc.'s board appointed Michael Dowling as COO, effective July 24.

Dowling will continue as CFO as well.

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Dallas-based Texas Capital Bancshares Inc.'s chief lending officer and Texas president, Vince Ackerson, is expected to retire Aug. 31, 2021.

Ackerson will assume the responsibilities of vice chairman, effective Aug. 31, 2019, and will serve in this role until his retirement.

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Brian Berhorst, president of Linn, Mo.-based Friendship Bancshares Inc. unit Mid America Bank, was expected to retire at the end of July, according to the (Jefferson City, Mo.) News Tribune.

Board Chairman Mark Luebbert will become president after the retirement of Berhorst.

July 29

Wendell Bontrager, president and director of Wichita, Kan.-based Equity Bancshares Inc. unit Equity Bank, resigned from all roles he held with the bank, effective July 26.

Equity Bank executives will perform the duties of the president until a permanent replacement is named.

July 26

Champaign, Ill.-based First Busey Corp. appointed Jeffrey Jones as principal accounting officer and CFO, effective Aug. 19.

Jones previously was managing director, co-head of U.S. depository group and head of depository investment banking at Stephens Inc.

Robin Elliott, who was named president and CEO of unit Busey Bank in April, will continue as CFO of the company until Aug. 19.

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Marceline, Mo.-based RMB Bancshares Inc. unit Regional Missouri Bank agreed to acquire Moberly, Mo.-based Bank of Cairo and Moberly.

Following the completion of the merger, Bank of Cairo and Moberly President and CEO Rob Cater and CFO Craig Plaster will remain as officers of the combined company and will also serve as board directors.

Patrick Kussman will assume the role of president and CEO of the combined company. Kussman is Regional Missouri Bank's president and CEO, according to S&P Global Market Intelligence data.

July 25

President and COO Eric Yeaman of Honolulu-based First Hawaiian Inc. and its unit First Hawaiian Bank is resigning.

Yeaman will also step down as a director of the bank, effective Aug. 12.