TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On January 30, Vista Bancshares Inc., the holding company for Dallas-based Vista Bank, announced that it has entered into a definitive agreement to acquire Charis Holdings Inc. and its subsidiary, Justin-based Charis Bank. The transaction will expand Vista Bank’s footprint and lending ability. With the acquisition, Vista will acquire Charis Bank’s North Texas locations and … Read more
In mid-October, Prosperity Bancshares Inc., the parent company of El Campo-based Prosperity Bank, announced the signing of two acquisition agreements. In one, Prosperity has agreed to acquire First Bancshares of Texas Inc. and its banking subsidiary, Midland-based FirstCapital Bank of Texas NA. The second agreement signed by Prosperity Bancshares indicates its intention to acquire Lone … Read more
Members of the Independent Bankers Association of Texas (IBAT) will return to Colorado for the 22nd Annual Winter Summit, January 29–31 at the Westin Riverfront Resort & Spa in Avon, at the base of Beaver Creek Mountain. The meeting provides a memorable opportunity for bankers to have face-to-face interaction and invaluable conversations with senior regulators … Read more
On September 26, the Independent Bankers Association of Texas (IBAT) recognized two of the industry’s finest for their service to community banking. The IBAT Chairman’s Award and the IBAT President’s Award were bestowed during the association’s Awards Luncheon, held during IBAT’s 48th Annual Convention in Fort Worth. Curt Nelson, IBAT’s director of membership, received the … Read more
On July 26, Great Plains Bancshares Inc., along with its subsidiary, Elk City, Oklahoma-based Great Plains National Bank, announced that it has entered into a definitive agreement to acquire Providence Bancshares Corp. and its wholly owned subsidiary, Southlake-based Providence Bank of Texas SSB. The acquisition expands Great Plains Bancshares’ growing footprint in the Dallas/Fort Worth … Read more
On August 1, Origin Bancorp Inc., the holding company for Choudrant, Louisiana-based Origin Bank, announced the completion of its acquisition of BT Holdings Inc., the holding company for Quitman-based BTH Bank NA. The acquisition became effective on August 1 in accordance with the terms of the agreement and plan of merger announced in February. “We … Read more
In January, FNBK Holdings Inc. and its wholly owned subsidiary, First National Bank of Kemp, and Rice-based First State Bank announced that they have entered into an agreement whereby FNBK Holdings Inc. would acquire First State Bank. Upon closing of the transaction, expected in the second quarter of 2022, First State Bank will be merged … Read more
Baton Rouge, Louisiana-based Business First Bancshares Inc., the holding company for b1BANK, has completed its acquisition of Texas Citizens Bancorp Inc. and its wholly owned bank subsidiary, Pasadena-based Texas Citizens Bank National Association. The acquisition became effective March 1. “This partnership in the Houston area is an important step in the widening of our footprint … Read more
On February 24, Ruston, Louisiana-based Origin Bancorp Inc., the holding company for Choudrant, Louisiana-based Origin Bank, and BT Holdings Inc., the holding company for Quitman-based BTH Bank NA, jointly announced the signing of an agreement and plan of merger under which Origin will acquire BTH in an all-stock transaction valued at approximately $313.5 million, based … Read more