Oil & Gas

The silhouette of a fracking machine at sunset.

Citizens Bank has tailored its oil and gas loans to meet the needs of the borrower.



The oil and gas department of Citizens Bank was established in 1989 to fill a void in lending to small independent oil and gas producers. Citizens Bank has developed a large customer base throughout Texas.  Customers located in larger cities find it beneficial to work with a community bank that understands the oil and gas business. 

Citizens Bank has tailored its oil and gas loans to meet the needs of the borrower.  In addition to conventional payout loans, Citizens Bank issues letters of credit and master lines of credit.  The advantage of dealing with a small community bank includes lower front-end costs, engineering fees and commitment fees. Legal expenditures are minimized by our lending policies and procedures.  Loans are processed in a timely and cost-effective manner.

Contact Information:       

Jim Griffin
Vice President, Oil and Gas
Phone: (903) 988-3403    
Fax:  (903) 988-7318
Email: jgriffin@citizensbanktx.com

Margaret Logston
Assistant Vice President
Phone: (903) 988-3444    
Fax:  (903) 988-7318
Email: mlogsto@citizensbanktx.com


Dorsha Morgan
Phone: 903-988-3434       
Fax:  (903) 988-7318
Email: dmorgan@citizensbanktx.com

Oil and Gas Services

Available Services
  • Master Revolving Lines of Credit
  • Conventional Term Loans
  • Letters of Credit in Lieu of Bonding Requirements
  • And more . . .

Available Financing
  • Acquisition of Producing Properties
  • Drilling Programs and Workovers
  • Production Equipment and Compressors
  • Oil and Gas Related Expenses
  • Gas Processing Facilities
  • Pipelines
  • Service Companies

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