HOUSTON, TX / ACCESS Newswire / February 23, 2026 / Texas Gulf Bancshares, Inc. (the "Company"), parent company of Texas Gulf Bank, N.A. (the "Bank"), today announced the appointment of Steve Thompson as President and Chief Executive Officer of Texas Gulf Bank. The appointment follows a comprehensive executive search conducted in partnership with Chartwell Partners.

Wirt Blaffer, Chairman of the Boards of Texas Gulf Bancshares, Inc. and Texas Gulf Bank, N.A., said, "Following a thorough and deliberate search process, the Board unanimously concluded that Steve is the right leader to guide the Bank into its next chapter. His deep knowledge of the Houston market, proven ability to lead high-performing teams, and strong commitment to community banking align closely with our long-term strategic vision."

Thompson brings more than 15 years of banking leadership experience, most recently serving as Houston Area President at Prosperity Bank. A graduate of The University of Texas at Austin, he is recognized for driving revenue growth, advancing strategic initiatives, and leading high-performing teams through periods of transition.

In his new role, Thompson will focus on accelerating the Bank's growth across its core footprint in Harris, Galveston, and Brazoria Counties, building on his track record of revenue expansion through community-focused strategies and enhanced services to attract new clients.

Thompson succeeds James F. Brown, Jr., who will transition from his role as President & CEO of the Bank and continue as Vice Chairman of Texas Gulf Bancshares, Inc.

"We are pleased to welcome Steve to Texas Gulf Bank," said Brown. "He is a proven leader with a strong commitment to community banking and operational excellence. We are confident his experience and leadership will further advance our long-term strategic priorities."

Founded in 1913 as Freeport National Bank, Texas Gulf Bank adopted its current name following the introduction of branch banking in Texas. Today, the Bank operates nine banking centers across Harris, Galveston, and Brazoria Counties. As of December 31, 2025, Texas Gulf Bank reported approximately $695 million in total assets, a $488 million loan portfolio, and $612 million in deposits.

"I'm honored to join Texas Gulf Bank and build on its longstanding legacy," Thompson said. "I look forward to working with the team to deepen client relationships, expand our capabilities, and support the communities we proudly serve."

A lifelong Houston resident, Thompson lives in Houston with his wife and family.

ABOUT TEXAS GULF BANK: Texas Gulf Bank, N.A., is an independently owned and operated community bank that has been serving individuals, businesses, and families along the Texas Gulf Coast since 1913. Headquartered in Texas, the Bank provides a full range of personal and commercial banking services, including deposit accounts, treasury management, and lending solutions tailored to local needs. Texas Gulf Bank operates banking centers across Harris, Galveston, and Brazoria Counties, with locations in the Greater Houston area and in communities such as Angleton, Clute, Freeport, Friendswood, Lake Jackson, and West Columbia. As of December 31, 2025, the Bank reported approximately $695 million in total assets, $488 million in loans, and $612 million in deposits. As of the same date, the Bank's Wealth Management and Trust Group reported approximately $1.4 billion in assets under administration.

With more than a century of service, the Bank remains committed to relationship-driven banking, disciplined expansion, and long-term value creation for its clients, communities, and shareholders across the greater Houston region.

For more information, visit https://www.texasgulfbank.com.

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Forward-Looking Statements

This press release may contain forward-looking statements within the meaning of applicable securities laws. Forward-looking statements are based on current expectations and assumptions that are subject to risks and uncertainties. Actual results may differ materially due to a variety of factors, including economic conditions, competitive pressures, regulatory developments, and other risks affecting the banking industry. The Company undertakes no obligation to update any forward-looking statements to reflect subsequent events or circumstances.

MEDIA CONTACT

Brandon Reyes
EVP - Chief Transformation Officer
Phone: (713) 595-7421
Email: breyes@texasgulfbank.com

SOURCE: Texas Gulf Bank