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Bulletins

Bulletin No.: 2015-32
November 12, 2015

TO: STOCKHOLDERS

SUBJECT: Election of Directors

The Federal Home Loan Bank of Dallas (Bank) is pleased to announce the results of the 2015 election for three positions on the Bank's Board of Directors (Board), which consisted of two independent directorships and one member director representing the state of Texas. All director seats that were filled have a four-year term commencing January 1, 2016 and expiring December 31, 2019. There were no member director seats to be filled this year for the states of Arkansas, Louisiana, Mississippi or New Mexico.

R. Michael Rigby was re-elected as a Texas member director, and Patricia P. Brister and John P. Salazar were re-elected as independent directors.

The total number of votes eligible to be cast in this election for independent directors was 3,581,230.  The total number of votes eligible to be cast for the Texas member director seat was 2,070,130.  For the Texas member director seat a total of 188 valid ballots were received, and for the independent director seats a total of 446 valid ballots were received.

The detailed results of the election were as follows:

 

Texas Member Director                                           Number of votes

Dean O. Bass                                                                         173,029

Chairman & CEO

Spirit of Texas Bank, SSB

625 University Drive E.

College Station, TX 77840

 

S. David Deanda, Jr.                                                                50,312

President

Lone Star National Bank

520 East Nolana Avenue

McAllen, TX 78504

 

Randall Dixon                                                                            5,781

President & CEO

Energy Capital Credit Union

18540 Northwest Freeway

Houston, TX 77065

 

Sharon D. Johnson                                                                   45,822

Executive Vice President

First Bank and Trust of Childress

301 N. Main

Childress, TX 79201

 

Jim Minge                                                                              174,861

CEO

Texas Trust Credit Union

1900 Country Club Drive

Mansfield, TX 76063

 

Mark S. Reiley                                                                         12,107

CEO

Icon Bank of Texas, N.A.

7908 N. Sam Houston Parkway W.

Houston, TX 77064

 

R. Michael Rigby                                                                   390,720

Market President

Liberty Bank

6330 Davis Boulevard

North Richland Hills, TX 76180

 

Tom E. Turner                                                                        113,472

Chairman & CEO

The First Star Bank

402 9th Street

Abernathy, TX 79311

 

Independent Directors

Patricia P. Brister                                                                1,086,109

108 Audubon Lane

Mandeville, Louisiana 70471

 

John P. Salazar                                                                    1,064,348

4641 Los Poblanos Circle

Los Ranchos, New Mexico 87107

 

As required, Ms. Brister and Mr. Salazar each received at least 20 percent of the votes eligible to be cast in the election in order to fill the directorship for which they were nominated. Biographical information on the independent directors is provided below.

If you have any questions regarding the election process, please contact Bre Chapman, Corporate Secretary, at 214.441.8459.

 

Sincerely,

Sanjay Bhasin
President and Chief Executive Officer

 

Biographical Information for the Independent Directors:

Patricia P. Brister

Ms. Brister serves as President of St. Tammany Parish in Mandeville, Louisiana and has served in that capacity since December 2011. Since March 2006, she has served on the board of directors of Habitat for Humanity St. Tammany West and from March 2007 to March 2009 she served as its chairman. From January 2009 to September 2011, she served as Executive Director of the Northshore Business Council. In 2007 and 2008, Ms. Brister served as a director of Volunteers of America - Greater New Orleans. From June 2006 to January 2008, she served as the United States Ambassador to the United Nations Commission on the Status of Women. She previously served as a Councilwoman for St. Tammany Parish from 2000 to 2007 and is a past chairman of the Women’s Build Habitat for Humanity. From 1975 to 2000, Ms. Brister served as Secretary/Treasurer of Brister-Stephens, Inc., a privately owned mechanical contracting company in the New Orleans area. Ms. Brister currently serves as Chairman of the Compensation and Human Resources Committee of the Bank’s Board of Directors. She previously served as a director of the Bank from 2002 to 2004 and was Vice Chairman of the Bank’s Board of Directors in 2004.

 

John Salazar

Mr. Salazar is an attorney and director with the law firm of Rodey, Dickason, Sloan, Akin & Robb, P.A. in Albuquerque, New Mexico, where he specializes in real estate-related matters, including land use and development law. He has been with Rodey, Dickason, Sloan, Akin & Robb, P.A. since 1968 and has represented single-family residential and multifamily housing developers and builders. Mr. Salazar is a current member and past chairman of the board of directors of the Inter-American Foundation. He also serves on the board of directors of the KIMO Foundation and is a member of the Albuquerque Economic Forum, the Greater Albuquerque Chamber of Commerce and the Albuquerque Hispano Chamber of Commerce. Mr. Salazar previously served on the board of directors of the Greater Belen Economic Development Corporation and the board of trustees of the Albuquerque Community Foundation. Further, he is a past board chairman of the Albuquerque Hispano Chamber of Commerce, the Greater Albuquerque Chamber of Commerce, and the University of New Mexico Alumni Association. Mr. Salazar currently serves as Chairman of the Government and External Affairs Committee of the Bank’s Board of Directors.