TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The OCC and TDB report that Texas National Bank, based in Mercedes, has completed its acquisition of Citizens State Bank, based in Roma. Branches The OCC reports that it has approved an application by T Bank NA, based in Dallas, to establish a branch at 600 Travis St., Ste. 5900, in Houston. … Read more
Mergers and Acquisitions The TDB reports that it has approved an application by Prosperity Bank, based in El Campo, to acquire American Bank NA, based in Corpus Christi. The agency also reports that Prosperity Bank has applied to acquire Texas Partners Bank, based in San Antonio. The TDB reports that Comerica Bank, based in Dallas, … Read more
Mergers and Acquisitions The OCC and the TDB report that The Huntington National Bank, based in Columbus, Ohio, has completed its acquisition of Veritex Community Bank, based in Dallas. The TDB reports that Peoples Bank, based in Lubbock, has applied to merge with Cornerstone Capital Bank SSB, based in Houston. Branches The OCC reports that … Read more
Mergers and Acquisitions The OCC reports that it has approved an application by Investar Bank NA, based in Baton Rouge, Louisiana, to acquire First National Bank, based in Wichita Falls. The TDB reports that Vista Bank, based in Dallas, has applied to merge with NBH Bank, based in Greenwood Village, Colorado. Conversions The TDB reports … Read more
Name Changes The TDB reports that it has approved an application by Ennis State Bank, based in Ennis, to change its name to Trinity Capital Bank of Texas. Branches The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has established a branch at 229 E. Bonds Ranch Rd. in Fort Worth. The … Read more
Mergers and Acquisitions The OCC reports that it has approved an application by Texas National Bank, based in Mercedes, to acquire Citizens State Bank, based in Roma. The TDB reports that Liberty Capital Bank, based in Addison, has completed its acquisition of Texas Heritage Bank, based in Boerne. The TDB reports that it has approved … 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 October 6, Cincinatti-Ohio-based Fifth Third Bancorp and Dallas-based Comerica Inc. announced that they have entered into a definitive merger agreement under which Fifth Third will acquire Comerica in an all-stock transaction valued at $10.9 billion. This transaction brings together two long-tenured banking franchises to create the ninth largest U.S. bank with approximately $288 billion … Read more
Conversions The TDB reports that it has approved an applicatioin by Cendera Bank NA, based in Bells, to convert to a Texas state-chartered bank under the name Cendera Bank. Name Changes The TDB reports that Ennis State Bank, based in Ennis, has applied to change its name to Trinity Capital Bank of Texas. Branches The … Read more
Branches The OCC reports that it has approved an application by First National Bank Texas, based in Killeen, to establish a branch at 2121 FM 2920 in Spring. The OCC reports that it has approved applications by PNC Bank NA, based in Wilmington, Delaware, to establish the following branches: 3230 W. Camp Wisdom Rd. in … Read more