TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The TDB reports that MapleMark Bank, based in Dallas, has withdrawn its application to merge with Oakwood Bank, based in Dallas. Conversions The TDB reports that The First Liberty National Bank, based in Liberty, has applied to convert to a state association under the name First Liberty Bank. The TDB reports that … Read more
On September 8, Kemp-based Harmony Bank NA and Dallas-based Texas Brand Bank announced that they have signed a definitive agreement in which Harmony Bank will merge with and into Texas Brand Bank. The merger agreement, announced by former Texas State Senator John J. Carona, chairman of Harmony Bank, and Edward B. Tomlinson II, chairman of … Read more
The Southwestern Graduate School of Banking (SWGSB) Foundation will convene its 155th Assembly for Bank Directors at The Ritz-Carlton Beach Resort in Naples, Florida, January 19–22 to plan for a successful future, focusing on community banking and new imperatives. The conference will be guided by the industry’s leading authorities on community banks and their competitive … Read more
On July 26, Great Plains Bancshares Inc., along with its subsidiary, Elk City, Oklahoma-based Great Plains National Bank, announced that it has entered into a definitive agreement to acquire Providence Bancshares Corp. and its wholly owned subsidiary, Southlake-based Providence Bank of Texas SSB. The acquisition expands Great Plains Bancshares’ growing footprint in the Dallas/Fort Worth … Read more
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