TEXAS BANKING NEWS, PEOPLE and IDEAS

community bank consolidation

Plains Acquisition Corp. to Acquire Austin Colony and First National Bank of Lake Jackson

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On October 21, Plains Acquisition Corp. announced a definitive agreement to acquire Austin Colony Inc., the holding company of Lake Jackson-based First National Bank of Lake Jackson, in an all-cash transaction. The acquisition is expected to close in December 2026. Upon completion of the transaction, First National Bank of Lake Jackson, a national banking association, … Read more

Texas Banc Financial Corp. and Haskell Bancshares to Merge Haskell National Bank Into TexasBank

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On October 16, Texas Banc Financial Corp., the parent company of Fort Worth-based TexasBank, and Haskell Bancshares Inc., the parent company of Haskell-based Haskell National Bank, announced a definitive agreement under which Texas Banc Financial Corp. will acquire Haskell Bancshares Inc. Upon completion of the transaction, Haskell National Bank will merge into TexasBank. The transaction … Read more