News

Community Bank IPO now set on Nasdaq

CBTX Inc., the bank holding company for CommunityBank of Texas, N.A., announced Nov. 7 the pricing of the initial public offering of 2.4 million shares of its common stock at a public offering price of $26 per share. CBTX has also granted the underwriters a 30-day option to purchase up to an additional 360,000 shares of its common stock. CBTX’s common stock is expected to begin trading on the NASDAQ Global Select Market under the trading symbol “CBTX” on Nov. 8.

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BISD logo

With appeals exhausted, the 2016-17 Texas Education Agency (TEA) FIRST ratings were officially released this week, scoring the financial accountability of the state’s districts and open-enrollment charter schools. By no means an exhaustive examination of funds, the FIRST scores give the public an indicator of fiscal health in the state’s public and charter schools. 

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Troy James Allison

 

Recently, a Texas 10 Most Wanted Sex Offender, Demus Lee Westmoreland, 52, was arrested in Beaumont after failing to register as a sex offender in Galveston. Now, police are looking for another Top 10 sex offender, 64-year-old Troy James Allison, who has been on the lam since 2004 after failing to register in Lufkin and who once called Beaumont home.

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On Wednesday, Nov. 8, at 11:28 a.m., Beaumont Police responded to the 5600 block of West Cardinal Drive eastbound in reference to an auto-pedestrian crash, Officer Haley Morrow said in a release.

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Sherecole Wilridge

Monday, Nov. 6, at about 8:26 a.m., Beaumont police responded to a disturbance in the 1200 block of Ranier. A preliminary investigation revealed that an altercation had occurred between Sherecole Wilridge, a 32-year-old Beaumont woman, and her child’s father. During the altercation, Wilridge retrieved a handgun and shot the victim. The victim’s injury was not life threatening; he was transported to a local hospital for treatment. Detective’s interviewed witnesses and Wilridge was placed under arrested for aggravated assault – family violence.

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When pregnant mother Kera Teel was shot and killed in June, the Southeast Texas community was stunned and police relentlessly pursued numerous leads in an attempt to identify and apprehend the perpetrators who fled the scene following the abhorrent act.

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The Texas Department of Public Safety released the names of all 26 people, including one unborn child, killed in the mass shooting at the First Baptist Church in Sutherland Springs on Sunday, Nov. 5.

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The Huntsman Flood Fund announced today it has received its first donation from an industry partner, a $25,000 contribution from Caliche Development Partners. A Texas-based company, Caliche is focused on the development and operation of state-of-the-art midstream storage and transportation assets, including the Caliche Coastal facility in Beaumont.

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Neighborhood with low water pressure | Photo: City of Beaumont

UPDATE, 11/8: Homes around Gladys and North Major Drive will not have water starting around 9 a.m. today to repair the 24 inch water line damaged yesterday, city officials said.

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According to information from the Jefferson County District Attorney’s Office, on Monday, Nov. 6, 30-year-old Arthur Ray Rogers Jr. pleaded guilty to murdering 31-year-old Joshua Jerome Green on May 11, 2015. This case was investigated by the Beaumont Police Department and prosecuted by Assistant District Attorney Mike Laird. Rogers has not yet been sentenced for the crime, but he is awaiting his fate while in the custody of the Jefferson County Jail, where he has been held since Aug. 15.

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