Louisiana-based BOM Bank Completes Acquisition of Nine American State Bank Locations in Texas

On November 18, Natchitoches, Louisiana-based Grant Bancshares Inc., the holding company for BOM Bank, announced the completion of its acquisition of nine American State Bank locations across Texas. The acquired locations include branches in Haslam, Timpson, Center, Lufkin, Huntington, Chester and Conroe. With the expansion, BOM Bank now operates 26 branches and two operations facilities across … Read more

Farmers Bancshares and Farmers State Bank to be Acquired by FSBH Inc.

FSBH Inc. has agreed to acquire Farmers Bancshares Inc., the parent company of Center-based Farmers State Bank. Upon completion of the merger, management and the employees of the bank will remain in place and there will be no change in the business plan of the bank. The transaction is expected to close in the fourth … Read more

Campbell, Founder of Shelby Savings Bank, Passes Away

James E. Campbell, the founder of Shelby Savings Bank, passed away on November 12 in Center, Texas. He was 97. In addition to his decades of service to the banking industry, he was an entrepreneur who launched numerous businesses in his lifetime and served communities in Shelby County his whole life. Campbell first worked in … Read more