Our Leadership Team |
Meet our LeadersRoy J. SalleyChairman of the Board, President, Chief Executive Officer of Oakwood Bancshares, Inc. Roy Salley’s thirty plus years of banking experience is a story of consistent success in positions of increasing responsibility encompassing a wide range of banking operations. Roy has chartered and capitalized two banks which achieved and maintained profitable operations and grew organically and through successful acquisitions. He has turnaround and nonperforming asset liquidation experience. Roy has a long track record of prudent lending in commercial real estate and C&I sectors. Roy is a seasoned CEO who is well regarded by bank regulators and well respected by his peers. In 1998, Mr. Salley formed First Mercantile Bank, N.A., in Dallas, raising $28 million in two offerings at $10.00 and $17.50 per share respectively. The bank reached $100 million in total assets at the end of the first year and was profitable within six months of its opening. First Mercantile completed the acquisition of a bank with $60 million in total assets in 2001. By 2002, First Mercantile had grown to $400 million in assets and operated four locations in Dallas and two in Austin, Texas. Colonial Bank targeted First Mercantile for its initial entry into Texas and acquired the bank in 2002 for $55 per share, a phenomenal return for First Mercantile shareholders. Mr. Salley stayed on as CEO of Colonial Bank’s Texas operations growing total assets to $850 million and the number of locations to twelve. Under Mr. Salley’s leadership, Colonial Bank’s Texas Regions were consistently ranked as the top performing regions in the twelve regions that Colonial operated in Texas, Florida, Georgia, Alabama, and Nevada. In October of 2003, Mr. Salley again headed an organizing group which chartered a de novo commercial bank, Sovereign Bank in Dallas. Mr. Salley served as Chairman of the Board and Chief Executive Officer. The bank raised $38 million in capital at $10.00 per share and opened in July of 2004. The bank completed two additional offerings at $20.41 per share and $22.00 per share and to date has raised approximately $60 million in private capital. Again, under Roy’s leadership, the bank was profitable within six months. The bank has achieved phenomenal growth with over $700 million in total assets, while still maintaining a strong credit culture in difficult economic conditions. The bank currently operated ten locations in Dallas, Fort Worth, and Austin. In April of 2009 Roy stepped down as CEO to focus on acquisitions opportunities and strategic planning. In May of 2010 he resigned as Chairman to take a position with Commerce Street Capital as Managing Director for their Investment Banking division, where he was focused on mergers and acquisitions, raising capital, growth strategy, as well as turnarounds of troubled financial institutions. Mr. Salley recently resigned as President of the North Texas Region of Spirit of Texas Bank, SSB, College Station, Texas to pursue this endeavor. After joining Spirit of Texas in 2013, he helped raise $12 million in new capital for the bank; opened two new locations as well as assist in the purchase of another; grew the region to approximately $160 million in total assets and managed the lending operation in the area. Additionally, Mr. Salley was a member of the executive management committee and an advisory board member of Spirit of Texas. He received a BBA degree from Texas A&M University and holds multiple securities licenses. Rhett D. BentleyDirector of Oakwood Bancshares, Inc.
Nevertheless, Mr. Bentley continued his relationship to the banking community. In 1997, Mr. Bentley was the founding Chairman of the Board and a Director of First Mercantile Bank, N.A. Dallas, Texas. While with First Mercantile, Mr. Bentley was a member of the investment committee, and executive committee and Chairman of the Director’s Loan Committee with the authority to approve all loans over $250,000. First Mercantile was sold to Colonial Bancgroup in 2002. After the sale of First Mercantile, Mr. Bentley continued the Dallas board and loan committee, approving loan requests up to $20 million at the subsidiary bank, Colonial Bank. Additionally, in 2005, he became a member of the loan committee for the entire organization, approving credit up to the bank’s legal lending limit. Suzanne C. SallsDirector of Oakwood Bancshares, Inc.
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