Tom C. Nichols

Chairman of the Board and Chief Executive Officer

Tom NicholsTom Nichols has acquired, managed and sold banking organizations and other financial services companies for over 30 years.

Nichols’ began his banking career in 1969 as a bank examiner for the FDIC. Since then, his experience includes time with Gerald J. Ford’s Ford Bank Group where he served as President and Chief Operating Officer and later, Chairman, President and Chief Executive Officer of Ford’s lead bank, First National Bank of Lubbock. While with the Ford Bank Group, he oversaw the acquisition and operation of numerous banks in Texas and New Mexico. Mergers and acquisitions of Ford Bank Group led to Nichols holding the titles of President and Chief Operating Officer for First United Bank Group and later, Regional President of Norwest Bank of Texas, N.A.

In 1996, Nichols formed State National Bancshares, Inc. (SNBI) and chartered its subsidiary, State National Bank, a de novo national banking association originally chartered in Lubbock, Texas. Recruiting former senior officers from Ford Bank Group and United New Mexico, Nichols led the SNBI management team from 1996-2005 in the completion of ten acquisitions and grew from a de novo to assets of over $1.7 billion at the time of its acquisition by BBVA in 2007.

Boards and Service

  • Audit Committee of United New Mexico Financial Corporation, Board Member: 1985-1988
  • Texas Higher Education Coordinating Board, Board Member and Chairman of Campus Planning Committee: 1992-1998
  • BBVA-Compass USA Audit and Compensation Committees, Director and Board Member: 2007-2009
  • First Acceptance Corporation (FAC-NYSE) Audit and Compensation Committees, Director and Board Member: 2005-Present

Nichols holds a BS in Economics from Abilene Christian University and resides in Fort Worth, Texas.

Governance

Tom Nichols has acquired, managed and sold banking organizations and other financial services companies for over 30 years. He currently serves as Chairman of the Board and Chief Executive Officer for Carlile Bancshares, Inc. Nichols holds a BS in Economics from Abilene Christian University.

Banking and Governance Experience

  • Ford Bank Group, President and Chief Operating Officer: 1978-1994
  • First National Bank of Lubbock, Chairman, President and CEO
  • First United Bank Group, President and Chief Operating Officer
  • Norwest Bank Texas, N.A., Regional President: 1994-1995
  • State National Bank, Founder: 1996-2005
  • Audit Committee of United New Mexico Financial Corporation, Board Member: 1985-1988
  • Texas Higher Education Coordinating Board, Board Member and Chairman of Campus
  • Planning Committee: 1992-1998

BBVA-Compass USA Audit and Compensation Committees, Director and Board Member: 2007-2009

First Acceptance Corporation (FAC-NYSE) Audit and Compensation Committees, Director and Board Member: 2005-Present