TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Branches The OCC reports that PNC Bank NA, based in Wilmington, Delaware, has opened a new branch at 20225 Hwy. 59 N in Humble. The TDB reports that Frost Bank, based in San Antonio, has applied to establish a branch at 3001 S. Lamar Blvd., Bldg. G, Ste. 100, in Austin.
Charters The OCC reports that OneSource Virtual Trust Bank, based in Dallas, has been established. Mergers and Acquisitions The OCC reports that it has approved an application by The First National Bank of Bastrop, based in Bastrop, to acquire First State Bank, based in Columbus. The TDB reports that Prosperity Bank, based in El Campo, … Read more
On July 1, Prosperity Bancshares Inc., the parent company of Houston-based Prosperity Bank, announced the completion of the merger of Stellar Bancorp Inc. with and into Prosperity and the merger of Stellar’s wholly owned subsidiary, Houston-based Stellar Bank with and into Prosperity Bank. Robert R. Franklin Jr., Stellar’s CEO and Stellar Bank’s executive chairman, joined … Read more
Oklahoma City, Oklahoma-based MidFirst Bank, the largest privately owned bank in the nation, announced that it has entered into a definitive agreement to acquire Dallas Capital Bank. Dallas Capital Bank, with $1.2 billion in assets, provides entrepreneurs, business owners and professionals with elevated banking service. Since its founding, the bank has grown under the leadership … Read more
Branches The OCC reports that Moody National Bank, based in Galveston, has applied to establish a branch at 107 Old River Rd. in Montgomery. The OCC reports that West Texas National Bank, based in Midland, has applied to establish a branch at 710 N. Big Spring St. in Midland. The OCC reports that it has … Read more
Branches The OCC reports that it has approved an application by National Bank & Trust, based in La Grange, to establish a branch at the intersection of Sam Houston Dr. and FM 969 in Bastrop. The TDB reports that Harmony Bank, based in Dallas, has established a branch at 5000 Maple Ave. in Dallas. The … Read more
Conversions The OCC reports that United Texas Bank NA, based in Dallas, has completed its conversion from a state-chartered bank to a national bank. Branches The OCC reports that it has approved an application by Woodforest National Bank, based in The Woodlands, to establish a branch at 4085 Wedgewood Lane in The Villages, Florida. The … Read more
Branches The OCC reports that VeraBank NA, based in Henderson, has established a new branch at 14951 Avery Ranch Blvd. in Austin. The TDB reports that it has approved an application by PlainsCapital Bank, based in 3108-05 University Park, to establish a branch at 500 Preston Rd. in Prosper. The TDB reports that Texas Regional … Read more
Mergers and Acquisitions The OCC reports that it has approved an application by Texas National Bank, based in Mercedes, to acquire Zapata National Bank, based in Zapata. Branches The OCC reports that it has approved an application by West Texas National Bank, based in Midland, to establish a branch at 305 N. Main St. in … Read more
On May 29, Toronto-based Bank of Nova Scotia (Scotiabank) announced that it has entered into a definitive agreement to acquire Dallas-based Maple Financial Holdings Inc., parent company of MapleMark Bank. MapleMark Bank has offices in Dallas and Tulsa, Oklahoma. MapleMark Bank reported assets just over $1 billion and $826 million in deposits as of March, … Read more