TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Beaumont-based Producer Bancorp, the holding company for Powell-based Powell State Bank, has announced that the bank will officially become Producer Bank of Texas on August 25. As reported in Bankers Digest in January, Producer Bancorp announced its official status as a bank holding company with the closing of its acquisition of Powell State Bank. According … Read more
East Texas Financial Corp., the bank holding company for Kilgore-based Citizens Bank, has entered into a definitive agreement to acquire Texas National Bancorporation Inc., the bank holding company for Jacksonville-based Texas National Bank. The transaction is expected to close in the fourth quarter of 2025. Upon closing, East Texas Financial Corp. will operate as a … 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 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 December 12, executive officers of Beaumont-based Producer Bancorp announced their official status as a bank holding company with the closing of their acquisition of Powell-based Powell State Bank. According to Don Legato, president and CEO of Producer Bancorp, the plan is for the bank to continue to operate as usual in its current location … Read more