Sonora, TX (Dec. 11, 2018) – Sonora Bank announced today the appointment of Kyle Barton as Chief Financial Officer (CFO). In his new role he will become a member of the Executive Leadership Team and will lead administrative, financial and risk management operations for the Bank.
“Kyle brings more than 23 years of financial, operational and management experience to the CFO role,” said Bob Malone, Chairman, President and Chief Executive Officer of Sonora Bank. “I am confident his demonstrated financial stewardship will have an immediate impact on the financial governance of our Bank.”
Kyle joined Sonora Bank in 2013 as Chief Credit Officer. Since that time, he has built outstanding credit underwriting, portfolio underwriting and data analytics teams, while also improving the collections process and the Bank’s loan policies and credit risk oversight. Prior to joining Sonora Bank, Kyle spent eight years at Citi, most recently serving as the Vice President and Senior Credit Officer for Commercial Banking.
Kyle succeeds Pat Holt, who has served as interim Chief Financial Officer in addition to his position at First Sonora Bancshares since February 2018. Pat will resume his role as Executive Vice President and Chief Operating Officer for First Sonora Bancshares, where he will be focused on strategic planning and business development initiatives to drive sustainable growth.
About Sonora Bank
The First National Bank of Sonora opened in 1900, only 10 years after Sonora, Texas became a town. By 1995, Sonora Bank expanded to San Angelo as a $50 million bank. Today, the Bank has $415 million in assets and seven locations throughout West Texas and the Hill Country, including Sonora, San Angelo, Boerne, Bulverde and Wimberley. Sonora Bank is a Texas tradition in banking with many of the decedents of the original Board of Directors serving on the current Board. The Sonora Bank team is dedicated to providing sound financial services in a hometown atmosphere. For more information, please visit www.sonorabank.com.
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