Texas Bankers Hall Of Fame To Honor J. Pat Parsons as one of five 2023 Inductees

The Texas Bankers Hall of Fame is pleased to announce the induction of the 2023 Honorees at the 10th Annual Texas Bankers Hall of Fame Gala on April 27, 2023, on the campus of Sam Houston State University in Huntsville, Texas. Five iconic bankers, Kenneth L. Burgess, Jr., Ron Butler, James D. Goudge, J. Pat Parsons and the late David R. Seim will be recognized for their positive achievements and the many contributions to their communities and the banking industry.

The Texas Bankers Hall of Fame, established by the Smith-Hutson Endowed Chair of Banking at Sam Houston State University recognizes and honors the accomplishments of outstanding bankers who have made valuable contributions to the banking profession and pioneered the Texas banking industry. The Honorees have truly made their industry, communities and state better places.

Pat Parsons earned a Bachelor of Business Administration in Accounting from Lamar University and a Master of Business Administration from the University of Houston. He began his banking career with First City National Bank of Houston in 1973 as a management trainee. Parsons served as credit analyst, credit supervisor - Energy and Commercial Lending Departments, manager of the International Credit Group, and as a member of the Asia Pacific Banking Group. From 1979 until 1984, he served as general manager for First City National Bank – London Branch and a department manager in the Energy Division of First City in Houston. In 1985, Parsons transferred to First City-Beaumont where he served as president & COO as well as senior regional credit and lending officer, and as a director of First City-Beaumont and several other First City community banks.

Parsons joined Community Bank & Trust, SSB, a locally owned community bank, as president and chief operating officer in 1992.  In 2004, Community Bank & Trust, SSB, was sold to Texas State Bank, McAllen, and Parsons became a regional president until 2006 when Texas State Bank was sold to BBVA.

Shortly after this sale, Parsons resigned from BBVA to start CommunityBank of Texas, N.A. where he served as founding CEO and chairman of the board. 

Following a merger of equals with Vista Bank of Houston and most recently a merger of equals with Allegiance Bank to form the soon to be named Stellar Bank with approximately $11 billion in assets, Parsons is currently serving as director and vice chairman of the bank.