TEXAS BANKING NEWS, PEOPLE and IDEAS

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TEXAS BANKING NEWS, PEOPLE AND IDEAS

TEXAS BANKING NEWS, PEOPLE AND IDEAS

bank acquisition

Citizens Bank in Kilgore Holding Company Completes Acquisition of Texas National Bancorporation

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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

Prosperity Bancshares and Stellar Bancorp Announce Merger

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On January 28, Prosperity Bancshares Inc., the parent company of El Campo-based Prosperity Bank, and Stellar Bancorp Inc., the parent holding company of Houston-based Stellar Bank, announced the signing of a definitive merger agreement whereby Prosperity will acquire Stellar and Stellar Bank. Established in 2007, Stellar Bank operates 52 banking offices in greater Houston, Beaumont … Read more

Louisiana-based Investar Holding Corp. Announces Completion of Wichita Falls Bancshares Acquisition

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On January 2, Investar Holding Corp., the holding company of Investar Bank NA, announced the completion of its acquisition of Wichita Falls Bancshares Inc., the holding company for Wichita Falls-based First National Bank. An agreement relating to the acquisition was announced last July. The acquisition became effective as of January 1. As of December 31, … Read more

Houston-based Cornerstone Capital Bank to Acquire West Texas-based Peoples Bank

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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

Prosperity Bancshares to Acquire Southwest Bancshares, Texas Partners Bank

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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

Texas National Bank to Acquire Citizens State Bank in Roma

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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

Montana-based Glacier Bancorp Enters Texas with Acquisition of Guaranty Bancshares

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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

Community National Bank & Trust of Texas Completes Acquisition of CapTex Bank

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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

Cadence Bank Completes Acquisition of Industry Bancshares

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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

Lone Star Capital Bank Chair McCandless Announces Retirement

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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