TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On January 2, Investar Holding Corp., the holding company of Investar Bank NA, announced the completion of its acquisition of Wichita Falls Bancshares Inc., the holding company for Wichita Falls-based First National Bank. An agreement relating to the acquisition was announced last July. The acquisition became effective as of January 1. As of December 31, … Read more
Members of the Independent Bankers Association of Texas (IBAT) will return to Colorado for the 25th Annual Winter Summit, January 25–27 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 interactions and invaluable conversations with senior regulators … Read more
On December 1, South Plains Financial Inc. (SPFI), the parent company of Lubbock-based City Bank, announced that it has entered into a definitive merger agreement with Houston-based BOH Holdings Inc. (BOH), the parent company of Bank of Houston, whereby South Plains will acquire BOH in an all-stock transaction valued at approximately $105.9 million. As a … Read more
On October 22, Third Coast Bancshares Inc., the parent company of Houston-based Third Coast Bank, and Keystone Bancshares Inc., the parent company of Austin-based Keystone Bank SSB, jointly announced the signing of a definitive merger agreement pursuant to which Third Coast will acquire Keystone in a stock and cash transaction valued at approximately $123 million … Read more
On October 16, Cornerstone Capital Bancorp Inc., the holding company for Houston-based Cornerstone Capital Bank, and Peoples Bancorp Inc., the holding company for Lubbock-based Peoples Bank, announced the signing of a definitive agreement under which Cornerstone will acquire Peoples. This transaction marks Cornerstone’s first bank acquisition since its merger with Roscoe Bank in 2022. Upon … Read more
The Independent Bankers Association of Texas (IBAT) announced in late September that Brad Giddens, director of sales for the financial institutions division at Integris, now serves as chair of the IBAT Associate Member Advisory Council. He was elected to this position during the association’s 51st Annual Convention held September 20–23 in Fort Worth. IBAT’s Associate … Read more
On October 1, Prosperity Bancshares Inc., the parent company of Houston-based Prosperity Bank, and Southwest Bancshares Inc., the parent holding company of San Antonio-based Texas Partners Bank, jointly announced the signing of a definitive merger agreement whereby Prosperity will acquire Southwest Bancshares and Texas Partners Bank. The merger is expected to close during the first … Read more
Community bankers from across the state will gather in Fort Worth later this month for the Independent Bankers Association of Texas’ 51st Annual Convention, a perfect opportunity for education, networking and inspiration for those shaping the future of Texas community banking. Set for September 20–23 at the Omni Fort Worth Hotel, the convention will feature … Read more
On July 1, Investar Holding Corp., the holding company for Baton Rouge, Louisiana-based Investar Bank NA, and Wichita Falls Bancshares Inc., the holding company for Wichita Falls-based First National Bank, jointly announced that they have entered into a definitive agreement under which Investar will acquire Wichita Falls for cash and stock consideration. The merger is … Read more
On April 14, Wrey Montgomery, CEO and president of City National BancShares Inc., the holding company for The City National Bank of Colorado City, and Michael R. Davis, CEO of Big Country Bancshares Inc., the holding company for Citizens Bank NA, announced that a definitive agreement has been executed in which City National BancShares Inc. … Read more