TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On April 11, Simmons First National Corp., the parent company of Pine Bluff, Arkansas-based Simmons Bank, announced that it has completed the acquisition of Spirit of Texas Bancshares Inc., the parent company of Conroe-based Spirit of Texas Bank SSB. A definitive agreement to acquire Spirit of Texas Bank was previously announced last November with Spirit’s … Read more
For the 13th consecutive year, Frost Bank has received the highest ranking in customer satisfaction in Texas, according to the J.D. Power 2022 U.S. Retail Banking Satisfaction Study. The study ranked banks doing business in Texas, including regional and large banks. With an overall satisfaction index score of 755—89 points higher than the Texas region average—Frost … Read more
On March 25, The First National Bank of Moody celebrated the grand opening of its first branch in Troy. The ceremony was well attended by the First National Bank leadership team, Troy branch employees, the City of Troy Council and members of the Troy community. Troy has been without a bank branch since 2011. “Every … Read more
On April 1, Home BancShares Inc., the parent company of Conway, Arkansas-based Centennial Bank, announced that it has completed its previously announced acquisition of Happy Bancshares Inc., the parent company of Amarillo-based Happy State Bank, pursuant to the terms of a definitive agreement and plan of merger whereby, in a series of transactions, an acquisition … Read more
On March 28, Home Bancorp Inc., the holding company of Lafayette, Louisiana-based Home Bank NA, announced the completion of its acquisition of Friendswood Capital Corp., the holding company of Houston-based Texan Bank NA. The combined company has total assets of approximately $3.2 billion, $2.2 billion in loans and $2.7 billion in deposits. “Since announcing our … Read more
The Independent Community Bankers of America (ICBA) will host hundreds of community bank leaders during its 2022 ICBA Capital Summit, May 1–4 in the nation’s capital. Throughout the week, community banks will meet with key policymakers to bring greater awareness to the community banking industry’s legislative and regulatory agenda and share personal accounts of its … Read more
Jenks, Oklahoma-based Gateway Mortgage, a division of Gateway First Bank, has opened a mortgage center in Lampasas to meet increased demand from local communities for home financing. This is the 40th Gateway mortgage center in Texas and brings the company’s footprint to more than 170 mortgage centers across the nation. “My passion is helping families … Read more
Six Dallas-area Comerica Bank locations collected more than 600 new or gently used formal dresses—as well as accessories—from fellow colleagues, clients and the community last month for teens served by Dallas CASA and the Boys & Girls Clubs of Greater Dallas. Overall, Comerica Bank has donated nearly 5,600 dresses to both organizations and other community … Read more
Gilmer-based First National Bank of East Texas is renovating a building at 1701 W. Loop 281 in Longview where a Capital One branch used to operate. The new branch of First National Bank of East Texas will open in May or June, according to the Longview News-Journal. The 3,000-square-foot building is undergoing a complete renovation, … Read more
On March 21, San Antonio-based Broadway Bank announced a $4 million equity investment to the Austin Housing Conservancy (AHC) Fund to support affordable moderate-income rental housing in Central Texas. Formed in 2018 to address rising housing expenses, the AHC fund invests and preserves multifamily properties by maintaining their affordability to moderate and middle-income families. AHC … Read more