TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On April 11, Simmons First National Corp., the parent company of Pine Bluff, Arkansas-based Simmons Bank, announced that it has completed the acquisition of Spirit of Texas Bancshares Inc., the parent company of Conroe-based Spirit of Texas Bank SSB. A definitive agreement to acquire Spirit of Texas Bank was previously announced last November with Spirit’s … Read more
On April 1, Home BancShares Inc., the parent company of Conway, Arkansas-based Centennial Bank, announced that it has completed its previously announced acquisition of Happy Bancshares Inc., the parent company of Amarillo-based Happy State Bank, pursuant to the terms of a definitive agreement and plan of merger whereby, in a series of transactions, an acquisition … Read more
On March 28, Home Bancorp Inc., the holding company of Lafayette, Louisiana-based Home Bank NA, announced the completion of its acquisition of Friendswood Capital Corp., the holding company of Houston-based Texan Bank NA. The combined company has total assets of approximately $3.2 billion, $2.2 billion in loans and $2.7 billion in deposits. “Since announcing our … Read more
Mergers and Acquisitions The OCC reports that Home Bank National Association, based in Lafayette, Louisiana, has completed its acquisition of Texan Bank National Association, based in Houston. The TDB reports that Veritex Community Bank, based in Dallas, has applied to acquire StoneCastle Insured Sweep LLC, based in New York, New York. StoneCastle Insured Sweep is … Read more
Mergers and Acquisitions The TDB reports that MapleMark Bank, based in Dallas, has applied to merge with Oakwood Bank, based in Dallas. The TDB reports that Wallis Bank, based in Wallis, has applied to establish a branch at 3350 Steve Reynolds Blvd. in Duluth, Georgia. Home Offices The TDB reports that Capital Bank of Texas … Read more
Charters The TDB reports that Houston Bank of Commerce & Trust, based in Houston, has applied for a state bank charter. Mergers and Acquisitions The OCC reports that it has approved an application by Sunflower Bank National Association, based in Denver, Colorado, to acquire Pioneer Bank SSB, based in Austin. Branches The OCC reports that … Read more
Branches The OCC reports that American National Bank & Trust, based in Wichita Falls, has established a branch at 5310 Forest Lane in Dallas. The OCC reports that VeraBank National Association, based in Henderson, has applied to establish a branch at 1695 N. U.S. Hwy. 183 in Leander. The TDB reports that American State Bank, … Read more
On March 8, FirstSun Capital Bancorp, the holding company for Denver, Colorado-based Sunflower Bank NA, and Pioneer Bancshares Inc., the holding company for Austin-based Pioneer Bank SSB, jointly announced the receipt of all required regulatory approvals to merge Pioneer Bancshares and Pioneer Bank with and into FirstSun Capital Bancorp and Sunflower Bank, respectively, in an … Read more
In January, FNBK Holdings Inc. and its wholly owned subsidiary, First National Bank of Kemp, and Rice-based First State Bank announced that they have entered into an agreement whereby FNBK Holdings Inc. would acquire First State Bank. Upon closing of the transaction, expected in the second quarter of 2022, First State Bank will be merged … Read more
Baton Rouge, Louisiana-based Business First Bancshares Inc., the holding company for b1BANK, has completed its acquisition of Texas Citizens Bancorp Inc. and its wholly owned bank subsidiary, Pasadena-based Texas Citizens Bank National Association. The acquisition became effective March 1. “This partnership in the Houston area is an important step in the widening of our footprint … Read more