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Oct 27, 2009

Community Trust Bank of Texas Expands to Tarrant County; Appoints Grant H. James as Local President

OCTOBER 27, 2009, FORT WORTH, TEXAS – Bob Wightman, President and CEO of Community Trust Bank of Texas, is pleased to announce the organization’s expansion to Fort Worth and the opening of a new banking center at 3000 West Seventh Street at University in the city’s vibrant cultural district.

Grant H. James, a veteran Fort Worth banker, serves as President of the company’s Tarrant County operations. James will oversee the development of the company’s banking services in Fort Worth and surrounding communities. James has a successful 30-year history in the local banking industry, most recently as the Executive Vice President of Bank of Texas, formerly Worth National Bank, where he managed the downtown Fort Worth and Grapevine branches. He is a graduate of Texas Christian University with BBA in Management and a minor in Ranch Management.

“Grant’s deep Fort Worth roots and his extensive knowledge of both banking and the local market make him the ideal person to lead Community Trust Bank’s Tarrant County expansion”, stated Wightman.

Community Trust Bank of Texas has operated in Dallas since 2008 and opened a Plano branch in August 2009. Community Trust Bank of Texas is backed by its parent company, CTB Financial Corporation, a holding company with just more than $1 Billion in total assets and more than $96 Million in equity at year-end 2008. It is the market leader in Northern Louisiana with over 20 locations and a strong commitment to the local communities it serves. Community Trust Bank is committed to being a good community partner through involvement and financial support. In 2008, CTB dedicated 33% of its marketing budget to community related contributions, compared to only 13% by its peers.

“I am privileged to join Community Trust Bank of Texas”, said James. “This is a bank that avoided the pitfalls of sub-prime loans, relying instead on responsible business practices that serve its customers and communities for the long term. While larger financial institutions have suffered in the current economic conditions, Community Trust Bank has thrived because of its conservative principles and practices. I look forward to offering a wide range of banking services with a commitment to service seldom seen these days.”

For information contact:
Grant H. James
President, Tarrant County
Community Trust Bank of Texas
Office: 817.260.4470