IBTX - Independent Bank Group, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD

Independent Bank Group, Inc.

1600 Redbud Boulevard
Suite 100
McKinney, TX 75069
United States
972-562-9004
http://www.independent-bank.com

SectorFinancial Services
IndustryBanks - Regional - US
Full Time Employees1,087

Key Executives

NameTitlePayExercisedYear Born
Mr. David R. BrooksChairman, Pres & CEO1.44MN/A1959
Mr. Daniel W. BrooksVice Chairman & Chief Risk Officer771.64kN/A1960
Ms. Michelle S. HickoxExec. VP & CFO587.09kN/A1968
Mr. James C. WhiteExec. VP & COO546.98kN/A1965
Mr. Brian E. HobartVice Chairman & Chief Lending Officer739.89kN/A1966
Amounts are as of December 31, 2018 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Independent Bank Group, Inc. operates as the bank holding company for Independent Bank that provides various commercial banking products and services to businesses, professionals, and individuals in the United States. It offers various deposit products, including demand deposits, money market accounts, and certificates of deposit. The company also provides commercial real estate loans; commercial construction, land, and land development loans; residential real estate loans; single-family interim construction loans; commercial loans comprising SBA guaranteed loans, business term loans, equipment financing, and lines of credit and energy related loans; agricultural loans for farmers and ranchers; consumer installment loans comprising loans to purchase cars, boats, and other recreational vehicles; and residential mortgages. In addition, it offers debit cards, online and mobile banking, eStatement, bank-by-mail, and direct deposit services; and business accounts and management services, including analyzed business checking, business savings, and treasury management services. As of December 31, 2018, the company operated 73 branches. Independent Bank Group, Inc. was founded in 2002 and is headquartered in McKinney, Texas.

Corporate Governance

Independent Bank Group, Inc.’s ISS Governance QualityScore as of July 29, 2019 is 5. The pillar scores are Audit: 2; Board: 3; Shareholder Rights: 7; Compensation: 8.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while a 10 indicates higher governance risk.