TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Conversions The TDB reports that Sunflower Bank, based in Dallas, has applied to convert from a national association to a Texas state-chartered bank. Branches The OCC reports that Bank of America NA, based in Charlotte, North Carolina, has applied to establish a branch at 14309 E. Sam Houston Pkwy. N in Houston. The OCC reports … 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 southeast corner of Dallas North Tollway (aka Dallas Pkwy.) and Frontier Pkwy. in Prosper. The OCC reports that Broadway National Bank, based in San Antonio, has applied to establish a … Read more
On May 20, SouthState Corp., the parent company of Winter Haven, Florida-based SouthState Bank NA, and Independent Bank Group Inc., the parent company of McKinney-based Independent Bank (dba Independent Financial), jointly announced that they have entered into a definitive agreement under which SouthState will acquire Independent Bank Group in an all-stock transaction valued at approximately … Read more
Branches The OCC reports that First National Bank Texas, based in Killeen, has established a branch at 1015 Hwy. 80 in San Marcos. The OCC reports that it has approved an application by Woodforest National Bank, based in The Woodlands, to establish a branch in the HEB at 3601 FM 1488 in The Woodlands. 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 4101 W. Wheatland Rd. in Dallas. The OCC reports that it has approved an application by Investar Bank NA, based in Baton Rouge, Louisiana, to establish a branch at 2657 S. Loop … Read more
Conversions The TDB reports that First Financial Bank, based in Abilene, has converted from a national association to a Texas state-chartered bank. Branches The OCC reports that Home Bank NA, based in Lafayette, Louisiana, has established a branch at 5940 Fairmont Pkwy. in Pasadena. The OCC reports that Extraco Banks NA, based in Temple, has … Read more
On April 25, Business First Bancshares Inc., the holding company for Baton Rouge, Louisiana-based b1Bank, announced that it entered into a definitive agreement to acquire Oakwood Bancshares Inc. and its subsidiary, Dallas-based Oakwood Bank, in an all-stock transaction for total consideration value of approximately $85.7 million based on the company’s closing price of $21.57 per … Read more
Branches The OCC reports that Bank of Brenham NA, based in Brenham, has established a branch at 869 N. Earl Rudder Fwy. in Bryan. The OCC reports that it has approved an application by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish a branch at the northeast corner of Gattis School Rd. and … Read more
Conversions The TDB reports that it has approved an application by First Financial Bank and its holding company, First Financial Trust & Asset Management Co., both based in Abilene, to convert from a national banking association to a state-chartered bank. Branches The OCC reports that it has approved an application by National Bank & Trust, … Read more
Oklahoma City, Oklahoma-based MidFirst Bank has entered into a definitive agreement to acquire the Houston branches of Coral Gables, Florida-based Amerant Bank. Upon closing expected later this year, MidFirst Bank will add six Amerant Bank locations to the company’s footprint and gain Amerant Bank’s Houston client relationships totaling approximately $576 million in deposits and $529 … Read more