Allegiance Bancshares, Inc. (NASDAQ:ABTX) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02. Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
(the “Company”), the holding company of Allegiance Bank (the
“Bank”), appointed Paul P. Egge as Executive Vice President and
Chief Financial Officer of both the Company and the Bank, effective
December 19, 2016.
experience to Allegiance, predominantly as an investment banker
focused on strategic and capital markets advisory services. Most
recently, Mr. Egge served as Senior Vice President, Director of
Capital Planning and Corporate Development at Cadence Bank, a $9.4
billion asset regional bank. Prior to joining Cadence, Mr. Egge
served in various roles of increasing responsibility at Robert W.
Baird Co. Incorporated (Baird), Ryan Beck Company, and FBR Co.
(formerly Friedman, Billings, Ramsey Group, Inc.). He graduated Cum
Laude with a bachelors degree in Economics and Finance from The
College of William Mary and holds a Master of Business
Administration from the Kellogg School of Management at
Northwestern University.
will be eligible to participate in the Companys standard employee
benefits. Mr. Egge has been awarded 10,000 restricted shares of the
Companys common stock vesting in equal parts over four years. This
equity award was made to the terms of the Companys 2015 Amended and
Restated Stock Awards and Incentive Plan.
Companys directors or other executive officers. There are no
arrangements between Mr. Egge and any other person to which Mr.
Egge was selected as an officer, nor are there any transactions to
which the Company is or was a participant in which Mr. Egge has a
material interest subject to disclosure under Item 404(a) of
Regulation S-K.
Executive Vice President and Chief Financial Officer is attached
hereto as Exhibit 99.1 and incorporated herein by reference.
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Exhibit No.
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Description
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99.1
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Press release issued by Allegiance Bancshares, Inc. on
December 6, 2016. |
About Allegiance Bancshares, Inc. (NASDAQ:ABTX)
Allegiance Bancshares, Inc. is a bank holding company. Through its subsidiary, Allegiance Bank (the Bank), the Company provides a range of commercial banking services primarily to Houston metropolitan area-based small to medium-sized businesses, professionals and individual customers. In addition to banking during normal business hours, the Company offers extended drive-in hours, automated teller machines (ATMs) and banking by telephone, mail and Internet. The Company also provides debit card services, cash management services and wire transfer services, and offers night depository, direct deposits, cashier’s checks, letters of credit and mobile deposits. It also offers safe deposit boxes, automated teller machines, drive-in services and round the clock depository facilities. The Company maintains an Internet banking Website that allows customers to obtain account balances and transfer funds among accounts. Allegiance Bancshares, Inc. (NASDAQ:ABTX) Recent Trading Information
Allegiance Bancshares, Inc. (NASDAQ:ABTX) closed its last trading session 00.00 at 30.85 with 33,734 shares trading hands.
