TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The TDB reports that Capital Bank of Texas, based in Carrizo Springs, has applied to merge with BAT Investments Inc. in Austin. Home Office Relocation The TDB reports that it has approved an application by Susser Bank to relocate its home office from 500 Harwood in Bedford to 100 Crescent Ct., Ste. … Read more
Mergers and Acquisitions The OCC reports that Sunflower Bank National Association, based in Denver, Colorado, has applied to acquire Pioneer Bank SSB, based in Austin. The TDB reports that First United Bank, based in Dimmitt, has applied to acquire First Bank and Trust of Childress, based in Childress. Corporate Title Change The OCC reports that TIB The Independent … Read more
Conversions The TDB reports that Ozona National Bank, based in Ozona, has converted to a Texas state-chartered bank under the name Ozona Bank. Home Office Relocation The TDB reports that Susser Bank has applied to relocate its home office from 500 Harwood in Bedford to 100 Crescent Ct., Ste. 575, in Dallas. Branches The OCC reports that Commercial … Read more
Mergers and Acquisitions The TDB reports that Roscoe State Bank, based in Roscoe, has applied to merge with Cornerstone Home Lending, based in Houston, under the name Cornerstone Capital Bank SSB. The OCC reports that it has approved an application by First National Bank of Aspermont, based in Aspermont, to purchase a branch from Vista Bank, based … Read more
Branches The OCC reports that Wells Fargo Bank National Association, based in Sioux Falls, South Dakota, has established a branch at 5440 El Dorado Blvd. in Houston. The OCC reports that Bank of America National Association, based in Charlotte, North Carolina, has applied to establish a branch at 2726 E. Berry St. in Fort Worth. … Read more
Mergers and Acquisitions The TDB reports that Happy State Bank, based in Happy, has completed its acquisition of First National Bank of Tahoka, based in Tahoka.
Home Office The TDB reports that it has approved an application by WestStar Bank, based in El Paso, to relocate its home office from 500 N. Mesa in El Paso to 601 N. Mesa in El Paso. Branches The OCC reports that it has approved an application by Austin Bank National Association, based in Jacksonville, … Read more
Branches The OCC reports that PNC Bank National Association, based in Wilmington, Delaware, has established the following branches: 3311 E. Broad St., Ste. 101, in Mansfield; 3630 W. University Dr. in McKinney; and 4001 Matlock Rd. in Arlington. The OCC reports that it has approved an application by Bank of America National Association, based in Charlotte, North Carolina, to … Read more
Branches The OCC reports that Newfirst National Bank, based in El Campo, has applied to relocate a branch from 609 N. Wells in Edna to 711 N. Wells in Edna. The TDB reports that Frost Bank, based in San Antonio, has established a branch at 2982 Fulton St. in Houston. The TDB reports that it has approved an application by Alliance … Read more
In 2020, there were just four bank failures in the U.S., despite the extraordinary economic circumstances brought on by the pandemic. Only about 5 percent of banks nationwide were unprofitable, according to data from the FDIC and approximately 53 percent of banks reported annual increases in profits in 2020. There are more than 5,000 banks … Read more