TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
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
The Texas Bankers Association (TBA) recently announced the elected board of directors for its 2025–26 fiscal year. The officers’ terms run from June 1, 2025, through May 31, 2026. Ron Butler, executive vice president and chief administrative officer of Abilene-based First Financial Bank NA, has been named TBA chairman. The new vice chair is William … Read more
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
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
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