TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The OCC reports that it has approved an application by American Bank NA, based in Corpus Christi, to acquire TexStar National Bank, based in Universal City. The OCC reports that Great Plains National Bank, based in Elk City, Oklahoma, has applied to acquire Providence Bank of Texas, based in Southlake. Conversions The … Read more
Mergers and Acquisitions The TDB reports that it has approved an application by Veritex Community Bank, based in Dallas, to acquire StoneCastle Insured Sweep LLC, based in New York, New York. Branches The OCC reports that VeraBank NA, based in Henderson, has established a branch at 200 River Point, Ste. 100, in Conroe. The agency … Read more
On July 1, the San Angelo Standard-Times reported that Fort Worth-based Pinnacle Bank, a subsidiary of Omaha, Nebraska-based Pinnacle Bancorp Inc., has agreed to acquire San Antonio-based Crockett National Bank. Completion of the transaction is expected in the second half of 2022. Following completion of the deal, Crockett National Bank’s locations will become part of Pinnacle … Read more
Mergers and Acquisitions The TDB reports that Veritex Community Bank, based in Dallas, has applied to acquire StoneCastle Cash Insured Sweep LLC (interLINK platform), based in New York, New York. Branches The OCC reports that U.S. Bank NA, based in Cincinnati, Ohio, has established a branch at 15110 N. Dallas Pkwy. in Dallas. The OCC … Read more
Conversions The TDB reports that The National Bank of Texas at Fort Worth, based in Fort Worth, has converted to a state banking association under the new name NBT Financial Bank. Branches The OCC reports that it has approved an application by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish a branch at … Read more
Branches The OCC reports that Bank of America NA, based in Charlotte, North Carolina, has applied to establish a branch at 1895 University Dr. in Frisco. The OCC reports that it has approved an application by First National Bank Albany/Breckenridge, based in Albany, to establish a branch at 2307 E. Hubbard in Mineral Wells. The … Read more
On August 1, Origin Bancorp Inc., the holding company for Choudrant, Louisiana-based Origin Bank, announced the completion of its acquisition of BT Holdings Inc., the holding company for Quitman-based BTH Bank NA. The acquisition became effective on August 1 in accordance with the terms of the agreement and plan of merger announced in February. “We … Read more
On July 18, Baton Rouge, Louisiana-based Investar Holding Corp. announced that its wholly owned subsidiary, Investar Bank National Association, has entered into an agreement to sell certain assets, deposits and other liabilities associated with its Alice and Victoria locations in Texas to Corpus Christi-based First Community Bank. The pending sale is expected to close in … Read more
Mergers and Acquisitions The TDB reports that Pinnacle Bank, based in Fort Worth, has applied to acquire Crockett National Bank, based in San Antonio. Conversions The TDB reports that The First Liberty National Bank, based in Liberty, has applied to convert to a state bank charter under the name First Liberty Bank. Branches The OCC … Read more
Mergers and Acquisitions The OCC reports that American Bank NA, based in Corpus Christi, has applied to acquire TexStar National Bank, based in Universal City. The OCC reports that The Commercial National Bank of Brady, based in Brady, has completed its acquisition of a branch from Anthem Bank & Trust, based in Plaquemine, Louisiana. The … Read more