Independent Bank Hires Veteran Lenders to Support Denton Growth

MCKINNEY, Texas, March 27, 2018 -- Independent Bank Group, Inc. (NASDAQ:IBTX), the holding company for Independent Bank, announced two new additions to their Denton County Commercial Lending teams. The Bank has added David Stanley and Aaron Newquist, who both bring substantial industry experience and a passion for Texas community banking to the company.

Mr. Aaron Newquist is now Vice President, Commercial Lending Officer at Independent Bank in Denton, Texas. Mr. David Stanley is now SVP, Market President at Independent Bank, Denton Texas.

From the Bank’s Denton North location, they will support the development of the local lending portfolio and be tasked with growing Independent Bank’s market presence across Denton County.

David Stanley, was formerly Senior Vice President/Commercial Loan Officer with First United Bank and Trust Company. David is well-versed in commercial, professional and executive lending; with a recent focus on custom builder construction lending and integration with their mortgage lending operations. He enjoys serving the community through Rotary International and Boy Scouts of America. David is a graduate of UT Austin, and the Southwestern Graduate School of Banking.

Aaron Newquist comes to Independent Bank from First State Bank in Denton, where he held the position of Vice President/Loan Officer. Aaron’s primary focus is on business banking and growing commercial real estate lending relationships. He is currently running for Denton City Council and is a strong supporter of the Kiwanis Club of Denton and the United Way. Aaron is active in the Denton Chamber of Commerce, a graduate of Leadership Denton (and Chair-elect for the 2018-2019 session), and is currently in his final year of the Southwest Graduate School of Banking. He is a graduate of the University of North Texas, and the 40^th class of the Texas Tech School of Banking.

Independent Bank’s unique brand of banking extends from the Gulf Coast of Texas to the Rocky Mountains. They are an $8 billion, community-centric institution. By delivering high-performance, purpose-driven banking along with resilient lending solutions, Mr. Stanley and Mr. Newquist have a renewed opportunity to make a real impact on the communities they serve.

About Independent Bank Group
Independent Bank Group, through its wholly owned subsidiary, Independent Bank, provides a wide range of relationship-driven commercial banking products and services tailored to meet the needs of businesses, professionals and individuals. Independent Bank Group operates banking offices in four market regions located in the Dallas/Fort Worth, Austin and Houston, Texas and the Colorado Front Range areas.

Contacts: Analysts/Investors:
Michelle Hickox
Executive Vice President and Chief Financial Officer
(972) 562-9004
 [email protected]

Media:
Peggy Smolen
Marketing and Communications Director
(972) 562-9004
[email protected]

Photos accompanying this announcement are available at:
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