TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On May 17, CBTX Inc., the parent company of Houston-based CommunityBank of Texas NA, and Allegiance Bancshares Inc., the holding company of Houston-based Allegiance Bank, jointly announced that Stellar Bancorp Inc. will be the name of the combined company and Stellar Bank will be the name of the combined bank to be created through their … Read more
On January 25, Maple Financial Holdings Inc., the parent company of Dallas-based MapleMark Bank, and Oakwood Bancshares Inc., the parent company of Dallas-based Oakwood Bank, announced that they have entered into a definitive merger agreement to combine in a merger-of-equals transaction. Under the terms of the agreement, the combined holding company will be Maple Financial … Read more
On November 8, Houston-based Allegiance Bancshares Inc., the holding company of Allegiance Bank, and CBTX Inc., the parent company of CommunityBank of Texas NA, jointly announced that they have entered into a definitive agreement pursuant to which the companies will combine in an all-stock merger of equals to create a combined company with an equity … Read more
The spread of the coronavirus presents considerable risks to the world economy in general and the banking industry specifically. By some estimates, China saw economic activity cut in half as it worked to treat those infected by the virus and control its spread. World economic activity may rebound quickly if the virus is effectively contained, … Read more