The Bank Note - February 2021
Connecting with Shareholders of Alliance Bank Central Texas
February 2021
Message from Todd Moore
2020 was a very good year for the bank. If you weren’t able to attend the shareholder meeting in February, please see the linked presentation that highlights our performance. Strategically, we looked back five years to note that Net Income was up 324%. It was approximately $566 thousand in 2015, and swelled to over $2.4 million in 2020. We booked $163 million in loan commitments this past year, up 208% from $53 million in 2015. By increasing checking accounts, we were able to lower our cost of funds and improve margins. That, along with raising non-interest income, produced record earnings for the bank.
In the “Our Relationships and Why They Matter” section of the shareholder report, we articulate how the events of 2020 brought clarity to the importance and benefit of having a personal banking relationship with us. We partner with our customers as trusted advisors. We collaborate as a team, bringing together valuable perspectives based on years of experience. We structure our products to offer solutions and help customers meet their goals. We offer competitive, relationship-based pricing. We stay connected with our customers, and help them make connections as well.
One of the best parts about being a community banker is that you get to meet so many interesting people who take pride in what they do. I enjoy learning about their backgrounds and business stories. Blake Henry, owner of MOTEX Construction, purchased his first cattle herd at age 15! Read how he and his wife, Regan, have a passion for renovating historic homes and carrying that same quality and detail into custom home building.
“Never give up!” That’s how Linda describes how she likes to motivate others. She began her career at our bank as a teller and later moved into credit services, where she does a great job supporting our lending staff. Linda describes herself as a loving, passionate and caring person and we could not agree more. Thanks, Linda, for all you do to instill a culture of service in our organization.
And, we would not be seeing these results were it not for our diverse, talented board members. This month we highlight Jeff Wooley. His wealth of training, business experience, character and commitment makes us a better bank. Additionally, I have always thought he looks like the distinguished actor, Bruce McGill. Thank you, Jeff, for your service to our shareholders.
Let us know if we can help you with anything, banking or otherwise!
Email us at
AskAlliance@alliancebanktexas.com. We’re here to help!
Todd Moore
President & CEO
Cell Phone: 254.722.2300
2021 Shareholder Meeting
Thank you to all who joined us for our annual shareholders' meeting. The presentations and minutes are now available - click here.
Meet the Board
The Alliance Bank Central Texas Board of Directors is made up of talented women and men whose expertise, leadership and valuable contributions have helped make the bank what it is today. Jeff Wooley, CPA, Esq., started his career as a tax specialist. A unique opportunity led him on a path to become chief financial officer, general counsel, president, CEO and shareholder of Allen Samuels Auto Group. The sale of the Auto Group to AutoNation in 2016 marked the largest group transaction that AutoNation had completed to date
20 Questions in 60 Seconds
Linda Cain, loan document specialist, joined the Alliance Bank team in 2015. She loves to learn new things, but never thought she'd learn how to drive in snow and ice, in below freezing temperatures, in Texas! Click below to read about what she enjoys most about working at the bank, what fictional character she'd like to be and more.
Business Spotlight
MOTEX Construction
Blake Henry’s passion for investing started early. The son of bivocational cattle ranchers in Neosho, Missouri, he purchased his first cattle herd at age 15, bought his first farm shortly after, and has been raising cattle and investing in land and rent property ever since. His Missouri roots continue to influence his path today, including the naming of MOTEX, LLC, a combination of his and his wife Regan’s home states, Missouri and Texas
PPP Update
We continue to participate in PPP and are proud to support small businesses in this way! If you would like to apply for either a First or Second Draw PPP loan, we would love to help. We are able to assist with Second Draw loans, regardless of who originated your First Draw loan.
Through Tuesday, March 9, only employers with 19 or fewer employees may submit applications on the SBA portal. If you fall into the criteria, please reach out and let us know if we can assist you. If you have more than 19 employees, we can still assist in completing your application, and we will file it as soon as we are able. Regardless of the number of employees you have, if you qualify, now is the time for us to work together to make sure you receive the relief you need.
If you would like to apply for either a First or Second Draw PPP loan, we would love to help. We are able to assist with Second Draw loans, regardless of who originated your First Draw loan. For more information and updates, visit www.alliancebanktexas.com/ppp or contact AskAlliance@alliancebanktexas.com.
Welcome New Employees
Join us in welcoming Isabel Glasson, credit department, and Adriana Castillo, teller operations, to our team. We are excited that our team continues to grow, to better serve you!
Employee Birthday Celebrations
February Celebrations
Glenda Goodner (2/3)
Maria Castorena (2/16)
Nancy Threadgill (2/18)
Alyssa Rivera (2/20)
Gloria Salas (2/26)
Felicia Patterson (2/27)
Joseph Klepper (2/27)
Ken Turner (2/29)
Randy Petrini (3/12)
Laura Olvera (3/13)
Vicki Lumley (3/29)
Archived Bank Notes