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 Texas National Bank, based in Mercedes, to acquire Citizens State Bank, based in Roma. The TDB reports that Liberty Capital Bank, based in Addison, has completed its acquisition of Texas Heritage Bank, based in Boerne. The TDB reports that it has approved … Read more
On October 16, Cornerstone Capital Bancorp Inc., the holding company for Houston-based Cornerstone Capital Bank, and Peoples Bancorp Inc., the holding company for Lubbock-based Peoples Bank, announced the signing of a definitive agreement under which Cornerstone will acquire Peoples. This transaction marks Cornerstone’s first bank acquisition since its merger with Roscoe Bank in 2022. Upon … Read more
On October 6, Cincinatti-Ohio-based Fifth Third Bancorp and Dallas-based Comerica Inc. announced that they have entered into a definitive merger agreement under which Fifth Third will acquire Comerica in an all-stock transaction valued at $10.9 billion. This transaction brings together two long-tenured banking franchises to create the ninth largest U.S. bank with approximately $288 billion … Read more
Conversions The TDB reports that it has approved an applicatioin by Cendera Bank NA, based in Bells, to convert to a Texas state-chartered bank under the name Cendera Bank. Name Changes The TDB reports that Ennis State Bank, based in Ennis, has applied to change its name to Trinity Capital Bank of Texas. Branches 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 2121 FM 2920 in Spring. The OCC reports that it has approved applications by PNC Bank NA, based in Wilmington, Delaware, to establish the following branches: 3230 W. Camp Wisdom Rd. in … Read more
Charters The OCC reports that it has approved an application by OneSource Virtual Trust Bank NA, based in Dallas, to esablish a new bank in Dallas. Branches The OCC reports that Community National Bank, based in Midland, has applied to establish a branch at 7904 Milwaukee Ave. in Lubbock. The OCC reports that JPMorgan Chase … Read more
Mergers and Acquisitions The TDB reports that Prosperity Bank, based in El Campo, has applied to acquire American Bank NA, based in Corpus Christi. Branches The OCC reports that it has approved an applications by First National Bank Texas, based in Killeen, to establish the following branches: 135 N.E. Loop 564 in Mineola and 1192 … Read more
Mergers and Acquisitions The OCC reports that it has approved an application by The Huntington National Bank, based in Columbus, Ohio, to acquire Veritex Community Bank, based in Dallas. The OCC reports that Texas National Bank, based in Mercedes, has applied to acquire Citizens State Bank, based in Roma. In addition, the TDB reports that … Read more
Branches The OCC reports that SouthState Bank NA, based in Winter Haven, Florida, has established a branch at 1409 Botham Jean Blvd. in Dallas. 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 Woodridge Dr. and Gulf … Read more
Mergers and Acquisitions The TDB reports that Liberty Capital Bank, based in Addison, has applied to merge with Texas Heritage Bank, based in Boerne. The TDB reports that Maverick Bank, based in Fort Davis, has applied to merge with Tejas Bank, based in Monahans. Branches The OCC reports that it has approved an application by … Read more