Spirit of Texas Bancshares, Inc. announced that Jeffery A. Powell unexpectedly passed away on January 13, 2020. Mr. Powell had served as Executive Vice President and Chief Financial Officer of the Company and its banking subsidiary, Spirit of Texas Bank, since July 2017. The company's Board of Directors has named Allison Johnson, the company's Chief Accounting Officer, as its interim Chief Financial Officer.

Ms. Johnson has served as the Company's Chief Accounting Officer since 2016, and began her career in the financial services industry as an auditor at Price Waterhouse Coopers. She has spent the last decade focused on financial reporting in the banking industry.