TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On October 16, Cornerstone Capital Bancorp Inc., the holding company for Houston-based Cornerstone Capital Bank, and Peoples Bancorp Inc., the holding company for Lubbock-based Peoples Bank, announced the signing of a definitive agreement under which Cornerstone will acquire Peoples. This transaction marks Cornerstone’s first bank acquisition since its merger with Roscoe Bank in 2022. Upon … Read more
On October 1, Prosperity Bancshares Inc., the parent company of Houston-based Prosperity Bank, and Southwest Bancshares Inc., the parent holding company of San Antonio-based Texas Partners Bank, jointly announced the signing of a definitive merger agreement whereby Prosperity will acquire Southwest Bancshares and Texas Partners Bank. The merger is expected to close during the first … Read more
On August 1, TNB Bancshares Inc., the holding company for Edinburg-based Texas National Bank, announced that it has entered into a definitive agreement to acquire Roma-based Citizens State Bank. The acquisition aligns with Texas National Bank’s expansion plans into Starr County and is expected to close in the fourth quarter of 2025. Established in 1977, … Read more
On June 24, Kalispell, Montana-based Glacier Bancorp Inc. and Mount Pleasant-based Guaranty Bancshares Inc., the bank holding company for Guaranty Bank & Trust NA, announced the signing of a definitive agreement pursuant to which Glacier will acquire Guaranty in an all-stock transaction. The acquisition marks Glacier Bancorp’s 27th bank acquisition since 2000 and its 13th … Read more
On June 18, Corsicana-based Community National Bank & Trust of Texas announced the acquisition of Fort Worth-based CapTex Bank. The acquisition expands Community National Bank and Trust’s footprint to 18 branches across Texas with the addition of five locations in Fort Worth, Bonham, Leonard, Melissa and Trenton. Established in 1901 as the First National Bank … Read more
On July 1, Tupelo, Mississippi-based Cadence Bank announced the successful completion of its previously announced acquisition of Industry Bancshares Inc., the bank holding company for Industry State Bank, The First National Bank of Bellville, Fayetteville Bank, Citizens State Bank, The First National Bank of Shiner and Bank of Brenham. Cadence Bank hopes to complete operational … Read more
With the pending acquisition of San Antonio-based Lone Star Capital Bank by McAllen-based Rio Bank, B.W. “Bill” McCandless has announced his retirement. He currently serves as chairman of the board and has been an integral part of Lone Star Capital Bank since 2003. McCandless’ distinguished career in banking spans 57 years. He began his journey … Read more
On April 25, Tupelo, Mississippi-based Cadence Bank announced the signing of a definitive merger agreement with Industry-based Industry Bancshares Inc., the bank holding company for Bank of Brenham, Citizens State Bank, Fayetteville Bank, Industry State Bank, The First National Bank of Bellville and The First National Bank of Shiner. The merger will expand Cadence Bank’s … Read more
On April 14, Wrey Montgomery, CEO and president of City National BancShares Inc., the holding company for The City National Bank of Colorado City, and Michael R. Davis, CEO of Big Country Bancshares Inc., the holding company for Citizens Bank NA, announced that a definitive agreement has been executed in which City National BancShares Inc. … Read more