On July 1, Tupelo, Mississippi-based Cadence Bank announced the successful completion of its previously announced acquisition of Industry Bancshares Inc., the bank holding company for Industry State Bank, The First National Bank of Bellville, Fayetteville Bank, Citizens State Bank, The First National Bank of Shiner and Bank of Brenham. Cadence Bank hopes to complete operational integration of the new banks in the fourth quarter of 2025.
“Industry and its subsidiaries have deep roots in Texas where we have a solid presence and a keen understanding of local economies, making this a seamless fit,” says Dan Rollins, chairman and CEO of Cadence Bank.
The combination of the two companies puts the branch count at more than 380 locations across the South and Texas and more than 400 ATM and LIVE Teller locations throughout the footprint. The merger also provides stability and consistency to Industry Bancshare’s banking operations and customer experience, and increased liquidity to support lending in those markets. Industry Bancshares reported total assets of $4.4 billion, total loans of $1.1 billion and total deposits of $4.5 billion as of March 31, 2025 (unaudited).
Established in 1886, Cadence Bank maintains corporate offices in Houston, Texas, and Tupelo, Mississippi, and has dutifully served customers for nearly 150 years.
