TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The TDB reports that it has approved an application by Farmers and Merchants Bank, based in De Leon, to acquire Farmers State Bank of Newcastle, based in Newcastle. Branches The OCC reports that it has approved an application by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish a branch at … Read more
Mergers and Acquisitions The OCC reports that Community National Bank & Trust of Texas, based in Corsicana, has applied to acquire Captex Bank, based in Fort Worth. The TDB reports that Farmers and Merchants Bank, based in De Leon, has applied to acquire Farmers State Bank of Newcastle, based in Newcastle.
On January 31, UMB Financial Corp., the parent company of Kansas City, Missouri-based UMB Bank, announced the closing of its acquisition of Denver, Colorado-based Heartland Financial USA Inc., which operates in Texas as First Bank & Trust, based in Lubbock. Heartland Financial USA operated 19 branches in Texas before the merger. Its Texas-based banks will … Read more
TRB Capital Markets LLC, dba Estrada Hinojosa, a subsidiary of Harlingen-based Texas Regional Bank, has expanded its municipal sales and trading team with the hires of Bryan McCoy and Rena Connor. Last August, Texas Regional Bank acquired Estrada Hinojosa & Co. Inc., an investment banking group specializing in municipal advisory services, bond underwriting and trading. … Read more
Mergers and Acquisitions The OCC reports that it has approved an application by Austin Bank NA, based in Jacksonville, to acquire Chasewood Bank, based in Houston. Branches The OCC reports that Amarillo National Bank, based in Amarillo, has applied to establish a branch at 8602 Pineridge Dr. in Amarillo. The OCC reports that Zions Bancorporation … Read more
On January 24, Jeff Austin III, chairman of the board of Jacksonville-based Austin Bank, announced that Austin Bancorp Inc., the parent company of Austin Bank, has received regulatory approval for the company’s acquisition of Chasewood Bank, based in Houston. The acquisition date of February 14, 2025, will create combined assets of $2.9 billion with 40 … Read more
Mergers and Acquisitions The OCC and TDB report that SouthState Bank NA, based in Winter Haven, Florida, has completed its acquisition of Independent Bank, dba Independent Financial, based in McKinney. The TDB reports that Columbus State Bank, based in Columbus, has completed its merger with Hill Bank & Trust Co., based in Weimar. Branches The … Read more
Branches The TDB reports that Wallis Bank, based in Wallis, has established a branch at 4805 E. Sam Houston Pkwy., Ste. 100, in Pasadena. The TDB reports that it has approved an application by Texas Bank, based in Henderson, to establish a branch at 7680 Preston Rd. in Frisco.
On January 2, Winter Haven, Florida-based SouthState Corp. announced the closing of its acquisition of Independent Bank Group Inc. through the merger of McKinney-based Independent Financial with and into SouthState. Immediately after the January 1 merger, Independent Financial’s subsidiary bank, Independent Bank, merged with and into SouthState Bank NA. As a result of these transactions, … Read more
Branches The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has established the following branches: 9324 Summer Creek Dr. in Fort Worth and 1055 Market Way Rd. in Argyle. The agency also reports that it has received applications by JPMorgan Chase Bank to establish the following branches: at the southeast corner of … Read more