TEXAS BANKING NEWS, PEOPLE and IDEAS
On October 21, Plains Acquisition Corp. announced a definitive agreement to acquire Austin Colony Inc., the holding company of Lake Jackson-based First National Bank of Lake Jackson, in an all-cash transaction. The acquisition is expected to close in December 2026. Upon completion of the transaction, First National Bank of Lake Jackson, a national banking association, … Read more
On October 21, Legend Bancorp Inc., the holding company of Bowie-based Legend Bank NA, and Graham-based Graham Savings and Loan SSB announced the completion of Legend Bancorp’s acquisition of Graham Savings and Loan. The conversion and merger of Graham Savings and Loan into Legend Bank are anticipated in late April 2027. “Reaching this milestone is … Read more
On October 16, Texas Banc Financial Corp., the parent company of Fort Worth-based TexasBank, and Haskell Bancshares Inc., the parent company of Haskell-based Haskell National Bank, announced a definitive agreement under which Texas Banc Financial Corp. will acquire Haskell Bancshares Inc. Upon completion of the transaction, Haskell National Bank will merge into TexasBank. The transaction … Read more
Omaha, Nebraska-based Pinnacle Bancorp Inc. has signed an agreement to acquire Southern Bancshares Inc., the parent company of Moulton-based SouthStar Bank. SouthStar Bank has $1.35 billion in assets with 16 full-service locations in Central Texas: Austin, Bee Cave, Brazoria, Bremond, Calvert, Franklin, Georgetown, Gonzales, Harker Heights, Hearne, Kerrville, Leander, Moulton, Round Rock and Shiner. In … Read more
On October 7, Third Coast Bancshares Inc., the parent company of Humble-based Third Coast Bank, and Great Plains Bancshares Inc., the parent company of Oklahoma City, Oklahoma-based Great Plains National Bank, announced the signing of a definitive merger agreement pursuant to which Third Coast will acquire Great Plains in an all-stock transaction valued at approximately … Read more
On July 17, Plano-based Future Financial Bankshares Inc., a recently formed Texas corporation, announced that it has signed a definitive agreement to acquire Palmer Bancshares Inc. and its wholly owned subsidiary, Palmer-based Commercial State Bank. Future Financial Bankshares was founded by CEO Jeffrey A. Kesler, a seasoned banker with more than 25 years of experience. … Read more
On April 13, TNB Bancshares Inc., the holding company for Mercedes-based Texas National Bank, announced that it has entered into a definitive agreement to acquire Zapata Bancshares Inc. and its bank subsidiary, Zapata-based Zapata National Bank. This acquisition aligns with Texas National Bank’s 2025 expansion into Starr County through the acquisition Roma-based Citizens State Bank. The … Read more
On April 28, Bastrop Bancshares Inc., the holding company for Bastrop-based First National Bank of Bastrop, announced that it has entered into an agreement to acquire Columbus Bancorp Inc., the holding company for Columbus-based The First State Bank, for cash consideration. The transaction is expected to close in the third quarter of 2026. According to … Read more
Harlingen-based Texas Regional Bank has strengthened its Central Texas presence with the opening of a new banking center in Boerne and the relocation of its Bulverde-area banking center into a newly constructed facility in Spring Branch. The new Boerne banking center provides full-service personal and business banking with direct access to local specialists. The Bulverde … Read more
East Texas Financial Corp., the parent company of Kilgore-based Citizens Bank, and Texas National Bancorporation, the parent company of Jacksonville-based Texas National Bank, have announced the successful completion of East Texas Financial Corp.’s previously announced acquisition of Texas National Bancorporation after receiving all required regulatory approvals. East Texas Financial Corp. will operate as a two-bank … Read more