TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The TDB reports that it has approved an application by Producer Acquisition Corp., based in Beaumont, to establish a bank holding company by acquiring Powell State Bank, based in Powell. Main Offices The OCC reports that The First National Bank of Eagle Lake, based in Eagle Lake, has applied to relocate its … Read more
Mergers and Acquisitions The OCC reports that Austin Bank NA, based in Jacksonville, has applied to acquire Chasewood Bank, 20333 State Hwy. 249 in Houston. Loan Production Offices The OCC reports that First National Bank Texas, based in Killeen, has applied to establish a loan production office at 641 N. Stanton Dr. in El Paso. Branches … Read more
On November 8, Oklahoma City, Oklahoma-based MidFirst Bank announced the completion of its acquisition of the Houston banking locations of Coral Gables, Florida-based Amerant Bank NA, the main subsidiary of Amerant Bancorp Inc. Through the acquisition, MidFirst gained Amerant’s Houston client relationships and added six banking locations and 45 employees. “Houston is a highly desirable and … Read more
Mergers and Acquisitions The TDB reports that First Liberty Bank, based in Liberty, has applied to merge with Pearland State Bank, based in Pearland, and First National Bank of Alvin, based in Alvin. Branches The TDB reports that it has approved an application by TexasBank, based in Brownwood, to establish a branch at 2641 E. … Read more
Mergers and Acquisitions The TDB reports that Columbus State Bank, based in Columbus, has applied to merge with Hill Bank & Trust Co., based in Weimar. Branches The OCC reports that First National Bank Texas, based in Killeen, has applied to establish the following branches: 10505 Broadway St. in Pearland and 3000 S. Jackson Rd. … Read more
Branches The OCC reports that it has approved an application by Southtrust Bank NA, based in George West, to establish a branch at 14090 Southwest Fwy., Ste. 220, in Sugar Land. The OCC reports that PNC Bank NA, based in Wilmington, Delaware, has applied to establish a branch at 8031 Walnut Hill Ln. in Dallas. … Read more
The SW Graduate School of Banking (SWGSB) will convene its 159th Assembly for Bank Directors at the JW Marriott Desert Springs Resort & Spa in Palm Springs, California, February 13–16. The Assemblies for Bank Directors attract bank directors and senior management from across the country to discuss the latest issues affecting the industry. From nationally … Read more
On October 17, Charles McGuire, chairman of First Liberty National Bancshares Inc., the holding company of Liberty-based First Liberty Bank, and Kelly Stretcher, president and CEO of First Liberty Bank, announced that a definitive agreement has been executed wherein First Liberty National Bancshares Inc., has agreed to acquire 100 percent of the issued and outstanding … Read more
Mergers and Acquisitions The TDB reports that Oakwood Bank, based in Dallas, has completed its merger into b1BANK, based in Baton Rouge, Louisiana. Branches The OCC reports that First National Bank Texas, based in Killeen, has applied to establish a new branch at 1192 W. Dallas, Ste. A, in Conroe. The OCC reports that it … Read more
On October 16, Jeff Austin III, chairman of the board of Jacksonville-based Austin Bank, announced that Austin Bancorp Inc., the bank’s parent company, has entered into an agreement to acquire Houston-based Chasewood Bank. Chasewood Bank serves northern Harris County with two locations and reports assets of approximately $88 million. The merger is expected to close … Read more