TEXAS BANKING NEWS, PEOPLE and IDEAS
On February 2, Prosperity Bancshares Inc., the parent company of El Campo-based Prosperity Bank, announced the completion of the merger of Southwest Bancshares Inc. with and into Prosperity and the merger of Southwest’s wholly owned subsidiary, San Antonio-based Texas Partners Bank, with and into Prosperity Bank. Brent Given, Texas Partners interim chairman, president and chief … 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
On February 2, Third Coast Bancshares Inc., the parent company of Humble-based Third Coast Bank, announced the successful completion of its merger with Keystone Bancshares Inc., the parent company of Bee Cave-based Keystone Bank SSB. The combined company now has total assets in excess of $6 billion. With the merger complete, Third Coast Bancshares will … Read more
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
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
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