TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The TDB reports that it has approved an application by Farmers and Merchants Bank, based in De Leon, to acquire Farmers State Bank of Newcastle, based in Newcastle. Branches The OCC reports that it has approved an application by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish a branch at … Read more
Mergers and Acquisitions The OCC reports that Community National Bank & Trust of Texas, based in Corsicana, has applied to acquire Captex Bank, based in Fort Worth. The TDB reports that Farmers and Merchants Bank, based in De Leon, has applied to acquire Farmers State Bank of Newcastle, based in Newcastle.
Mergers and Acquisitions The OCC reports that it has approved an application by Austin Bank NA, based in Jacksonville, to acquire Chasewood Bank, based in Houston. Branches The OCC reports that Amarillo National Bank, based in Amarillo, has applied to establish a branch at 8602 Pineridge Dr. in Amarillo. The OCC reports that Zions Bancorporation … Read more
On October 16, Jeff Austin III, chairman of the board of Jacksonville-based Austin Bank, announced that Austin Bancorp Inc., the bank’s parent company, has entered into an agreement to acquire Houston-based Chasewood Bank. Chasewood Bank serves northern Harris County with two locations and reports assets of approximately $88 million. The merger is expected to close … Read more