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About Patriot Bank

Patriot Bank, born from a dream and tremendous entrepreneurial spirit

Patriot Bank traces its roots to First State Bank in Honey Grove, Texas. In January 2005, an investor group led by our Chairman W. Don Ellis acquired the bank, a Texas state-chartered banking association. First State Bank, which was granted its bank charter in 1883, serving the community of Fannin County, Texas. After the acquisition, First State Bank’s name was changed to Patriot Bank. It was the culmination of a great dream and tremendous entrepreneurial spirit. Shortly thereafter, Patriot’s main office was relocated to Houston, Texas. Following a corporate restructuring, Patriot Bank became a wholly-owned subsidiary of Patriot Bancshares, Inc. Patriot has acquired two additional banks since its formation. We also acquired North Street Mortgage, Inc., dba Principal Mortgage Group, which was then renamed Patriot Bank Mortgage, Inc. In addition to acquiring banks and the mortgage company, Patriot Bank has expanded its presence with the opening of new branches. We currently have six branches in the greater Houston area, two branches in Dallas-Fort Worth, and one branch in Fannin County.  Patriot provides a full array of deposit and lending services to business and personal banking customers. Our tagline “The Power of Freedom” represents the tangible service goals we offer – responsiveness, accessibility, and innovation. Our fundamental purpose is to provide the highest quality personal interaction, great products, and the financial services that help our customers achieve their financial goals and enhance their quality of life.  We will never forget our dream for Patriot Bank and the hard work required to make it happen. It’s why we believe that banking is as much about “hopes and dreams” as it is “dollars and cents.” Our goal is to help you achieve and maintain your Personal Financial Freedom.

History

  • January 2005Acquired First State Bank in Honey Grove, Texas & First State Bank’s name was changed to Patriot Bank
  • March 2005Opened the corporate office in Houston
  • September 2005Opened a loan production office in Dallas, Texas
  • December 2005Formed Patriot Bancshares, Inc.
  • December 2005Acquired Quadco Bancshasres, Inc., parent of Farmers & Merchants State Bank in Ladonia, Texas
  • January 2006Opened a branch in Friendswood, Texas
  • March 2006Opened a branch in Dallas, Texas
  • March 2006Acquired Principal Mortgage Group and renamed it Patriot Bank Mortgage (a wholly-owned subsidiary of the Bank)
  • November 2006 – Opened the Memorial branch in Houston, Texas
  • December 2006 – Opened the Katy Freeway branch in Houston, Texas
  • December 2006 – Acquired Northeast Bancshares, Inc., parent of Northeast National Bank in Mesquite, Texas
  • January 2007 – Opened the Chimney Rock branch in Houston, Texas
  • August 2007 – Opened the Clear Lake branch in Houston, Texas
  • January 2008 – Opened the Bay Area branch in Houston, Texas
  • April 2008 – Opened a branch in Allen, Texas

Mission

Our mission:
To serve, solve problems, and seek success for our community in extraordinary ways.

Leadership

Board of Directors
W. Don Ellis
Chairman of the Board
President and Chief Executive Officer of Patriot Bank

Peter H. Currie
Huddleston & Co., Inc.

Richard W. Fallin
Greenspoint Investors, Ltd.
Richway Fireworks, LLC

John Mecom III
Mecom Oil LLC

Jayanti “Jay” Patel
Energy Flow Systems, Inc.

William L. Payne
Leyh & Payne LLP

Executive Management

W. Don Ellis
President and Chief Executive Officer

David D. Rinehart
Senior Executive Vice President and Chief Operating Officer

Terrance J. Tangen
Senior Executive Vice President and Chief Credit Officer

Dan F. Platt, Jr.
Senior Executive Vice President and Commercial Real Estate Lending Officer

Timothy D. Phillips
Senior Executive Vice President and Commercial & Industrial Lending Officer

Frank D. Heuszel
Executive Vice President and General Counsel

Christian T. Zimmerman
Senior Vice President and Chief Financial Officer