TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Coastal Bend Bancshares, the holding company for Corpus Christi-based First Community Bank, has entered into a definitive agreement to acquire Port Lavaca-based First National Bank. The transaction is expected to close in the second quarter of 2026. “Our roots along the Texas Gulf Coast run deep at First Community Bank,” notes Wes Hoskins, First Community … Read more
Branches The OCC reports that it has approved an application by The Huntington National Bank, based in Columbus, Ohio, to establish a branch at 14025 Northwest Fwy. in Houston. The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has applied to establish a branch at the northwest corner of Texas State Hwy. … Read more
Bank Charters The TDB reports that Alba Bank, based in Houston, has applied to establish a state bank charter. Mergers and Acquisitions The OCC reports that Sunflower Bank NA, based in Dallas, has completed its acquisition of First Foundation Bank, based in Irvine, California. The TDB reports that City Bank, based in Lubbock, has completed … Read more
Branches The OCC reports that First National Bank Texas, based in Killeen, has applied to establish the following branches: 19337 McDonald St. in Lytle and 2700 W. Freddy Gonzalez Dr. in Edinburg. The OCC reports that it has approved applications by PNC Bank NA, based in Wilmington, Delaware, to establish the following branches: 20225 Hwy. … Read more
Name Changes The TDB reports that First Bank and Trust of Memphis, based in Memphis, Texas, has changed its name to Bank19. Branches The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has applied to establish a branch at the northeast corner of Lemmon Ave. and Douglas Ave. in Dallas. The agency … Read more
Name Changes The TDB reports that First Bank and Trust of Memphis, based in Memphis, Texas, has applied to change its name to Bank19. Conversions The TDB reports that it has approved an application by Yoakum National Bank, based in Yoakum, to convert to a state charter under the name Yoakum Bank. The TDB reports … Read more
First Guaranty Bancshares Inc., the parent company of Hammond, Louisiana-based First Guaranty Bank, has entered into a purchase and assumption agreement for the sale of its Texas operations to Muskogee, Oklahoma-based Armstrong Bank, according to S&P Global Market Intelligence. The transaction, already approved by the boards of both companies, is expected to close in the … Read more
Mergers and Acquisitions The TDB reports that Peoples Bank, based in Lubbock, has applied to merge into Cornerstone Capital Bank SSB, based in Houston. The TDB reports that it has approved an application by City Bank, based in Lubbock, to acquire Bank of Houston, based in Houston. Conversions The TDB reports that Yoakum National Bank, based … Read more
Mergers and Acquisitions The OCC reports that it has approved an application by Sunflower Bank NA, based in Dallas, to acquire First Foundation Bank, based in Irvine, California. The TDB reports that Prosperity Bank, based in El Campo, has applied to acquire Stellar Bank, based in Houston. Branches The OCC reports that First National Bank … Read more
On March 9, Journey Financial Group Inc. and Houston-based Lone Star Bank jointly announced the signing of a definitive agreement pursuant to which Journey will acquire Lone Star. The transaction is expected to close late in the second quarter or early in the third quarter of 2026. Journey Financial Group is led by Dean O. … Read more