TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
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 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
On January 7, Community Bank Holdings of Texas Inc., the holding company of Corsicana-based Community National Bank & Trust of Texas, and CapTex Bancshares Inc., the holding company of Trenton-based CapTex Bank, announced the signing of a definitive merger agreement pursuant to which Community Bank Holdings of Texas Inc. will acquire CapTex. The transaction is … Read more