TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The OCC reports that American Bank NA, based in Corpus Christi, has completed its acquisition of TexStar National Bank, based in Universal City. The TDB reports that Roscoe State Bank, based in Roscoe, has merged with and into Cornerstone Capital Bank SSB. The TDB reports that Allegiance Bank, based in Houston, has … Read more
Branches The OCC reports that it has approved an application by Wells Fargo Bank NA, based in Sioux Falls, South Dakota, to establish a branch at the northwest corner of FM 1488 and Spur 149 Rd. in Magnolia. The OCC reports that it has approved an application by Bank of America NA, based in Charlotte, … Read more
In mid-October, Prosperity Bancshares Inc., the parent company of El Campo-based Prosperity Bank, announced the signing of two acquisition agreements. In one, Prosperity has agreed to acquire First Bancshares of Texas Inc. and its banking subsidiary, Midland-based FirstCapital Bank of Texas NA. The second agreement signed by Prosperity Bancshares indicates its intention to acquire Lone … Read more
Branches The OCC reports that it has approved an application by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish a branch at the northwest corner of S. 5th St. and J H Kultgen Expwy. in Waco. The OCC reports that Woodforest National Bank, based in The Woodlands, has applied to establish a branch … Read more
Charters The TDB reports that Texas Traditions Bank, based in Katy, has opened for business. Branches The OCC reports that First National Bank Texas, based in Killeen, has applied to establish a branch at 6801 S. Broadway Ave. in Tyler. The OCC reports that it has approved an application by Citizens National Bank, based in … Read more
Branches The OCC reports that Broadway National Bank, based in San Antonio, has established a branch at 710 Hesters Crossing, Ste. 210, in Round Rock. The TDB reports that Texas Regional Bank, based in Harlingen, has applied to establish a branch at 1001 Congress Ave., Ste. 150, in Austin.
Mergers and Acquisitions The TDB reports that MapleMark Bank, based in Dallas, has withdrawn its application to merge with Oakwood Bank, based in Dallas. Conversions The TDB reports that The First Liberty National Bank, based in Liberty, has applied to convert to a state association under the name First Liberty Bank. The TDB reports that … Read more
On September 8, Kemp-based Harmony Bank NA and Dallas-based Texas Brand Bank announced that they have signed a definitive agreement in which Harmony Bank will merge with and into Texas Brand Bank. The merger agreement, announced by former Texas State Senator John J. Carona, chairman of Harmony Bank, and Edward B. Tomlinson II, chairman of … Read more
The Southwestern Graduate School of Banking (SWGSB) Foundation will convene its 155th Assembly for Bank Directors at The Ritz-Carlton Beach Resort in Naples, Florida, January 19–22 to plan for a successful future, focusing on community banking and new imperatives. The conference will be guided by the industry’s leading authorities on community banks and their competitive … Read more
On July 26, Great Plains Bancshares Inc., along with its subsidiary, Elk City, Oklahoma-based Great Plains National Bank, announced that it has entered into a definitive agreement to acquire Providence Bancshares Corp. and its wholly owned subsidiary, Southlake-based Providence Bank of Texas SSB. The acquisition expands Great Plains Bancshares’ growing footprint in the Dallas/Fort Worth … Read more