TEXAS BANKING NEWS, PEOPLE and IDEAS
On October 21, Plains Acquisition Corp. announced a definitive agreement to acquire Austin Colony Inc., the holding company of Lake Jackson-based First National Bank of Lake Jackson, in an all-cash transaction. The acquisition is expected to close in December 2026. Upon completion of the transaction, First National Bank of Lake Jackson, a national banking association, … Read more
On October 21, Legend Bancorp Inc., the holding company of Bowie-based Legend Bank NA, and Graham-based Graham Savings and Loan SSB announced the completion of Legend Bancorp’s acquisition of Graham Savings and Loan. The conversion and merger of Graham Savings and Loan into Legend Bank are anticipated in late April 2027. “Reaching this milestone is … Read more
On October 16, Texas Banc Financial Corp., the parent company of Fort Worth-based TexasBank, and Haskell Bancshares Inc., the parent company of Haskell-based Haskell National Bank, announced a definitive agreement under which Texas Banc Financial Corp. will acquire Haskell Bancshares Inc. Upon completion of the transaction, Haskell National Bank will merge into TexasBank. The transaction … Read more
Abilene-based First Financial Bank opened a new full-service branch in Bee Cave in late October. The new branch expands the company’s presence into Central Texas and the greater Austin area. First Financial has maintained a mortgage loan production office in Bee Cave since 2020. The new full-service branch is the company’s 81st location and will operate … Read more
Omaha, Nebraska-based Pinnacle Bancorp Inc. has signed an agreement to acquire Southern Bancshares Inc., the parent company of Moulton-based SouthStar Bank. SouthStar Bank has $1.35 billion in assets with 16 full-service locations in Central Texas: Austin, Bee Cave, Brazoria, Bremond, Calvert, Franklin, Georgetown, Gonzales, Harker Heights, Hearne, Kerrville, Leander, Moulton, Round Rock and Shiner. In … Read more
On October 7, Third Coast Bancshares Inc., the parent company of Humble-based Third Coast Bank, and Great Plains Bancshares Inc., the parent company of Oklahoma City, Oklahoma-based Great Plains National Bank, announced the signing of a definitive merger agreement pursuant to which Third Coast will acquire Great Plains in an all-stock transaction valued at approximately … Read more
College Station-based American Momentum Bank has launched a formal Energy Finance Division, expanding its commitment to serving companies across Texas’ energy sector and building on the bank’s existing relationships in the industry. American Momentum Bank has long served customers in the sector, particularly upstream oil and gas companies and energy service businesses. “Energy continues to … Read more
The SW Graduate School of Banking at Southern Methodist University (SWGSB) is now accepting applications for the 2027 session of its graduate banking program, a nationally recognized, three-year executive education experience designed to develop the knowledge, leadership capabilities and professional relationships that banking and financial services professionals need to advance their careers and strengthen their … Read more
On September 22, Harlingen-based Texas Regional Bank opened its new Frisco banking center. The location at 15147 Preston Rd. is the bank’s eighth branch in North Texas. Frisco continues to draw significant business investment alongside sustained population growth. Corporate relocations, business expansion and residential development have strengthened the city’s position. The new location establishes a … Read more
On September 21, Lafayette, Louisiana-based Home Bank opened its relocated full-service banking center in Sugar Land. Located at 14965 Southwest Fwy., the new branch replaces the bank’s former location at 12946 Dairy Ashford Rd. Home Bank also operates five other banking centers in the greater Houston area: River Oaks, Friendswood, Webster, Pasadena and Tomball. “Our … Read more