TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Huntington Bancshares Inc., the parent company of Columbus, Ohio-based The Huntington National Bank, has entered into a definitive agreement to acquire Cadence Bank, a $53 billion regional bank headquartered in Houston and Tupelo, Mississippi. Cadence Bank operates more than 390 locations across Texas and the South. The partnership, in conjunction with the recently closed acquisition … 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
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
Dallas-based Harmony Bank is continuing its expansion with the recent groundbreaking on a new branch in the heart of Dallas’ Medical District. This marks the bank’s first ground-up build since merging with Texas Brand Bank and acquiring First State Bank of Rice. Set to open in 2026, the new location reflects Harmony Bank’s evolution from … Read more
On June 24, Maverick Bancshares Inc., the parent company of Lubbock-based Maverick Bank, and Sandhills Bancshares Inc., the parent company of Monahans-based Tejas Bank, announced that they have entered into a definitive merger agreement under which Maverick will acquire Sandhills. Upon closing, Tejas Bank will merge into Maverick Bank, creating a West Texas community bank … 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 February 20, Rio Financial Services Inc., the parent company of McAllen-based Rio Bank, and San Antonio-based Lone Star Capital Bank NA jointly announced the signing of a definitive agreement providing for the merger of Lone Star Capital Bank with and into Rio Bank. Upon the consummation of the merger, Lone Star Capital Bank will … Read more