- Our History
- Our Team
- Our Vision
- Our Board of Directors
- OUR OFFICERS:
- Statement of Condition
Texas Community Bank is a locally owned and operated, community-oriented financial institution with its heart and roots embedded along the South Texas-Mexico border. TCB is a wholly owned subsidiary of Vision Bancshares, Inc., a one-bank holding company that was founded in 2003 by Laredo banker, Douglas G. Macdonald and a group of local investors. Macdonald was familiar with the Laredo market and believed that an opportunity existed for a community bank that emphasizes personal service.
Since its inception in 2003, TCB has built a stable core deposit and loan base in not only its primary home of Laredo, but also in San Antonio, Somerset and the border towns of Brownsville, McAllen and Del Rio. TCB has flourished due to hiring exceptional local bankers in each of our markets and has been able to assemble teams of experienced and knowledgeable industry professionals that specialize in all facets of banking including deposit and lending, international, investment, technology and operations. Our extraordinary and rapid growth has been enhanced by offering competitive products and services that meet the financial needs of the communities in which we serve.
In the Fall of 2003, our original shareholder group capitalized Vision with approximately $11 million, of which $5 million was utilized to acquire Somerset Bancshares Inc., a one bank holding company located in Somerset, Texas. The company’s only subsidiary was Somerset National Bank. Simultaneous to the purchase, the bank’s name was changed to Texas Community Bank, N.A. and soon thereafter on December 8, 2003, the first Laredo branch was opened. Subsequently, Vision changed its official home office designation from Somerset, Texas to Laredo, Texas and in March 2008, TCB relocated into its newly constructed 60,000 square foot permanent headquarters building located at 6721 McPherson Road in Laredo. During 2013, TCB applied and was granted approval to convert from its national bank charter to a state charter. In December 2013, the Bank's name was officially changed to Texas Community Bank and the N.A. was dropped.
In addition to its Laredo and Somerset presence, TCB expanded into the San Antonio market in June 2005, opening a full service branch at 85 NE Loop 410. A second San Antonio branch was opened at 1826 North Loop 1604 West, Suite 120 at the Plaza Las Campanas in June 2009. TCB entered the South Texas Valley region in late 2008 and early 2009 with the opening of its McAllen and Brownsville branches. In mid-2009, TCB ventured out into the West Texas market and has now opened two full service facilities in Del Rio. It is the Bank's plan to open a Loan Production Office in the Austin area during the 1st quarter of 2014.
As of the date of the initial Somerset acquisition in 2003, total assets of the bank were approximately $15 million. Since then, the Bank has experienced extraordinary growth and, at the end of ten years of operation, total assets of TCB exceeded $1.2 billion. In addition, the number of employees of the Bank has increased from 19 employees in October 2003 to 185 employees today. TCB currently operates nine full service branches and 13 ATMs. Ten ATMs are located on or near branch facilities and the remaining three are located in various strategic locations.
TCB is led by a highly qualified and experienced Board of Directors and Management Team. The Bank’s Board of Directors is comprised of six successful local businessmen and professionals and three seasoned bankers; the group has demonstrated the capability of effectively guiding the direction and monitoring the progress of the Bank. TCB’s bankers bring expertise in lending, investments, operations, technology and administration.
During our first seven years of operation, TCB has been fortunate enough to retain the services of an extremely experienced team of bankers to manage the various functions of the Bank and provide exceptional service to our clients:
- Lending – Our Lending and Credit Administration team is comprised of a group of bankers who, for over 20 years in the Laredo, San Antonio, Valley and Del Rio markets, have managed large loan portfolios consisting of a complete array of commercial, real estate, and mortgage lending products.
- Retail Banking – In each of our markets, we have retained the most highly respected Relationship Bankers with years of experience and knowledge of their communities as well as the financial needs of our customers who reside there.
- International Banking - We have assembled an exceptional team of several local bankers in our various markets that for many years have provided products and personalized services for our Mexican clients.
- Brokerage - In 2007, we formed TCB Investments which provides our customers with convenient access to Brokerage Services. These services are offered by several licensed brokers with many years experience in providing full wealth management services tailored to the specific needs of each client.
- Support Staff – To ensure ongoing excellent service for Bank products and delivery channels, we have built an exceptional team of knowledgeable support staff who specialize in electronic banking, security, facilities, network, accounting and audit.
TCB offers the products and delivery channels of a much larger organization while ensuring that the bank’s customers are provided with top quality service often found only in much smaller organizations. We pride ourselves on service and believe that it sets us apart from competition. Our Team is our strength. The experience, overall knowledge and depth the TCB Board and staff has provided us the opportunity to expand and develop into a fast growing, multi-branch, multi-regional Bank while never sacrificing the safety and soundness of our institution.
Our successes of the past ten years are owed not only to the contributions of our Board of Directors, management and employees, but most especially to outstanding shareholders and customers who have supported us throughout the years. To build upon these previous successes, we intend to expand upon our current deposit and loan base in our Somerset, Laredo, San Antonio, McAllen, Brownsville and Del Rio regions by attracting customers who are already known to our bankers in those regions. In addition, we will continue to capture new relationships by offering competitive products and services that will appeal to new customers. To accomplish these goals, we are committed to meeting the financial needs of the communities we serve, together with providing extraordinary personal service.
Due largely to our community’s commitment to us, TCB remains truly “committed to community banking”.