Carlile Bancshares, Inc. Announces Chief Credit Officer

FORT WORTH, Texas, March 7, 2012 /PRNewswire/ -- Carlile Bancshares, Inc. ("Carlile"), Fort Worth, TX, announces that Max R. Hefner has joined Carlile as Executive Vice President and Chief Credit Officer.  The announcement was made by Tom C. Nichols, Chairman and CEO.  Hefner will oversee the credit decision processes, credit policies, and credit administration functions of Carlile and its subsidiary banks and affiliates.  He will also direct the risk asset reviews of potential bank acquisitions.  Hefner will work closely with the management and lending groups in each of Carlile's banks.

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Previously, Hefner served as President and COO of Citibank Texas, N.A. which was formed in connection with Citibank's acquisition of First American Bank, SSB, Bryan, Texas, a $3.5 billion institution with over 100 banking centers in Texas.  Hefner was EVP, Chief Lending Officer and Chief Credit Officer of First American for 16 years.  His responsibilities included developing and implementing lending and credit policies, assembling a statewide team of lending personnel, and managing all lending activity and credit administration functions of the bank.  First American became one of the leading independent financial institutions in the state culminating with its sale to Citibank in 2005.

Hefner's association with Carlile Bancshares' founders, Tom C. Nichols and Don E. Cosby, began in 1981 at the Ford Bank Group.  Hefner began his career with MBank, N.A. in Dallas after graduating from the University of Texas at Austin with BBA and MBA degrees.

Carlile Bancshares is pursuing acquisitions of community banks in Texas and Colorado and the principals have a long history of acquiring and operating banks.  The company currently owns banks in Austin, Texas, and Colorado Springs, Colorado.

Contact: Don E. Cosby
817-877-4440 or [email protected]

SOURCE Carlile Bancshares, Inc.