IBAT Remembers...


This week, IBAT lost two treasured members of the Texas Community banking family. 

Milton Payne of Carthage passed away on March 21 at the age of 79.  Mr. Payne was part of the first class of the Southwestern Graduate School of Banking at SMU in 1960.  Mr. Payne began his career with First State Bank and Trust Co. in the summer of 1941 as a part-time bookkeeper. He continued to work during the summers and, after his college graduation, he became a full-time employee in 1948. Mr. Payne served First State Bank in a number of capacities: Vice President, President, Chairman of the Board and Senior Chairman. A position he held until the time of his death.

His full obituary can be found here.

Bill Ware of Amarillo passed away on March 22 at the age of 63. 
Ware was executive vice president of Amarillo National Bank, and along
with his father, Tol, and brother, Richard, helped maintain and build
the financial institution into one of the largest family-owned banks in
the United States. In 1999, Texas Monthly magazine named the three Wares
“Texas Bankers of the Century.”

He is survived by his wife, Paige; four children, B.D. Ware, Lizzie
Mason and her husband, Brian, Savannah Singleton and her husband, Brian,
and Tol Ware and his wife, Sloane; seven grandchildren; his father,
Tol; and brother, Richard.  

Bill’s full obituary can be found here.