TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
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
Mergers and Acquisitions The TDB reports that it has approved an application by The Chasewood Bank, based in Houston, to acquire MergerCo Inc., based in Houston. The TDB reports that Prosperity Bank, based in El Campo, has applied to acquire Lone Star State Bank of West Texas, based in Lubbock, and FirstCapital Bank of Texas … Read more
Name Changes The TDB reports that Security Bank of Crawford, based in Crawford, has applied to change its name to Security Bank of Texas. Conversions The TDB reports that it has approved an application by The First Liberty National Bank, based in Liberty, to convert to a state charter under the name First Liberty Bank. … Read more
Omaha, Nebraska-based Pinnacle Bancorp Inc. and its subsidiary, Fort Worth-based Pinnacle Bank, have received regulatory approval for the acquisition of San Antonio-based Crockett National Bank. On December 1, Crockett National Bank changed its name to Pinnacle Bank. Its San Antonio, San Angelo, College Station, New Braunfels and Ozona branches will become part of Pinnacle Bank’s … Read more
Branches The OCC reports that Bank of America NA, based in Charlotte, North Carolina, has established a branch at 8616 S. IH 35 in Austin. The OCC reports that First National Bank Texas based in Killeen, has applied to establish a commercial loan office at 1750 Round Rock Ave., Ste. 300, in Round Rock. The TDB … Read more