Louisiana’s Business First Merger with Texas’ Oakwood Bancshares Approved by Regulators

In September, Business First Bancshares, the holding company for Baton Rouge, Louisiana-based b1BANK, received regulatory approvals to complete its merger with Oakwood Bancshares, the holding company for Dallas-based Oakwood Bank, a Texas banking association. “We appreciate our regulatory partners’ efficient review of the proposed transaction as well as the strong affirmation expressed by the Oakwood … Read more

Louisiana-based Business First Bancshares to Acquire Oakwood Bancshares and Oakwood Bank

On April 25, Business First Bancshares Inc., the holding company for Baton Rouge, Louisiana-based b1Bank, announced that it entered into a definitive agreement to acquire Oakwood Bancshares Inc. and its subsidiary, Dallas-based Oakwood Bank, in an all-stock transaction for total consideration value of approximately $85.7 million based on the company’s closing price of $21.57 per … Read more

Louisiana’s Business First Bancshares Completes Acquisition of Texas Citizens Bancorp, Expands in Houston Market

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

Louisiana-based Business First Bancshares and Texas Citizens Bancorp Announce Merger

On October 21, Baton Rouge, Louisiana-based Business First Bancshares Inc., the holding company for b1BANK, and Texas Citizens Bancorp Inc. jointly announced the signing of a definitive agreement under which Business First will acquire Texas Citizens and its wholly owned bank subsidiary, Pasadena-based Texas Citizens Bank NA. Following the completed transaction, the combined institution is … Read more