Lousiana-Based Community Trust Bank to Enter Houston
By Collin Eaton
Eight months after being part of the priciest U.S. bank deal since 2010, the former president of Encore Bancshares Inc. has a new job on his agenda.
Preston Moore, a well-known entity in Houston’s banking community after his executive role at Encore Bank NA, is set to oversee the market for one of the city’s newest entrants: Community Trust Bank, hailing from Choudrant, La.
If all goes as planned, the $3.2 billion-asset Community Trust will roll out an office and two banking centers in the Houston area starting in mid-2013, eyeing downtown and The Woodlands as locations.
“If Houston’s not the best banking market in the country right now, I certainly think it’s one of the best,” said Moore, Community Trust’s newly minted Houston market president.