TEXAS BANKING NEWS, PEOPLE and IDEAS



Mergers and Acquisitions

The OCC reports that it has approved an application by SouthState Bank NA, based in Winter Haven, Florida, to acquire Independent Bank, dba Independent Financial, based in McKinney.

The TDB reports that it has approved an application by Powell State Bank, based in Powell, to be acquired by Producer Acquisition Corp.

The TDB reports that Chasewood Bank based in Houston, has applied to merge with Austin Bancorp Inc., based in Jacksonville.

Branches

The TDB reports that Frost Bank, based in San Antonio, has established a branch at 8651 El Dorado Pkwy. in McKinney.