TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The TDB reports that Prosperity Bank, based in El Campo, has applied to acquire FirstCapital Bank of Texas NA, based in Midland. The TDB reports that Texas Brand Bank, based in Dallas, has applied to acquire Harmony Bank NA, based in Kemp. Branches The OCC reports that it has approved an application … Read more
On January 30, Vista Bancshares Inc., the holding company for Dallas-based Vista Bank, announced that it has entered into a definitive agreement to acquire Charis Holdings Inc. and its subsidiary, Justin-based Charis Bank. The transaction will expand Vista Bank’s footprint and lending ability. With the acquisition, Vista will acquire Charis Bank’s North Texas locations and … Read more
On January 19, The State National Bank of Groom and its parent holding company, Groom Bancshares Inc., announced an acquisition agreement with 5th Generation Holdings Inc., a community-bank-focused entity formed for purposes of the transaction. As a result of the acquisition, 5th Generation Holdings will become a bank holding company for The State National Bank … Read more
Mergers and Acquisitions The TDB reports that Chappell Hill Bank, based in Chappell Hill, has completed its merger with GOBI Acquisition Corp., based in Irving. Branches The OCC reports that it has approved an application by First Financial Bank NA, based in Abilene, to relocate a branch from 3400 Hwy. 21 E in Bryan to 1622 N. … Read more
Branches The OCC reports that it has approved an application by The First National Bank of Quitaque, based in Quitaque, to establish a branch at 501 Main St. in Silverton. The TDB reports that Citizens State Bank, based in Anton, has established a branch at 4718 S. Loop 289, Ste. 200, in Lubbock. The TDB … Read more
Hammond, Louisiana-based First Guaranty Bank, a wholly owned subsidiary of First Guaranty Bancshares Inc. announced a definitive agreement to purchase Houston-based Lone Star Bank in an all-stock transaction. The combined financial institutions will have approximately $3.2 billion in total assets, $2.5 billion in total loans and $2.8 billion in total deposits. Established in 2006, Lone … Read more
Mergers and Acquisitions The TDB reports that it has approved an application by Chappell Hill Bank, based in Chappell Hill, to merge with GOBI Acquisition Corp., based in Irving. Branches The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has established a branch at 38987 Buckeye Trail in Magnolia. The OCC reports … Read more
Mergers and Acquisitions The OCC reports that Great Plains National Bank, based in Elk City, Oklahoma, has completed its acquisition of Providence Bank of Texas SSB, based in Southlake. The TDB reports that Prosperity Bank, based in El Campo, has applied to acquire Lone Star State Bank of West Texas, in Lubbock. The FRBD reports … Read more
Branches The OCC reports that PNC Bank NA, based in Wilmington, Delaware, has applied to establish a branch at 5220 Ave. J in Houston. The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has applied to establish a branch at the northeast corner of Ronald Reagan Blvd. and Kauffman Loop in Leander. … Read more
Mergers and Acquisitions The TDB reports that Pinnacle Bank, based in Fort Worth, has completed its acquisition of Crockett National Bank, based in San Antonio. Conversions The TDB reports that First Liberty National Bank, based in Liberty, has converted to a state charter under the name First Liberty Bank. Name Changes The TDB reports that … Read more