TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The OCC reports that Home Bank National Association, based in Lafayette, Louisiana, has applied to acquire Texan Bank National Association, based in Houston. The TDB reports that Texas Regional Bank, based in Harlingen, has applied to acquire AccessBank Texas, based in Denton. Conversions The TDB reports that Texas Exchange Bank, based in … Read more
Conversions The TDB reports that Bank of Houston, based in Houston, has converted from a national association to a state-chartered bank. Branches The OCC reports that Wells Fargo Bank National Association, based in Sioux Falls, South Dakota, has applied to relocate a branch from 1001 Hwy. 146 S in La Porte to 1307 W. Fairmont … Read more
Conversion The TDB reports that it has approved an application by Texas Exchange Bank, based in Crowley, to convert to a state-chartered bank under the name Texas Exchange Bank SSB. Branches The OCC reports that JPMorgan Chase Bank National Association, based in Columbus, Ohio, has established a branch at 2475 Bay Area Blvd., Bldg. A, … Read more
Dallas-based First Foundation Inc., a financial services company with two wholly owned operating subsidiaries, First Foundation Advisors and First Foundation Bank, announced that it has completed its acquisition of TGR Financial Inc. and its bank subsidiary, Naples, Florida-based First Florida Integrity Bank, a Florida state-chartered bank with seven branch offices located throughout Southwest Florida, plus … Read more
Branches The OCC reports that it has approved an application by Bank of America National Association, based in Charlotte, to establish a branch at U.S. Highway 380 in Cross Roads. The OCC reports that it has approved an application by JPMorgan Chase Bank National Association, based in Columbus, Ohio, to establish a branch at the … Read more
Mergers and Acquisitions The OCC reports that it has approved an application by The Hondo National Bank, based in Hondo, to merge with Community National Bank, based in Hondo, and operate under the new name TXN Bank National Association. The TDB reports that Citizens State Bank, based in Somerville, has completed its acquisition of Burton … Read more
On December 16, Home BancShares Inc., the parent company of Conway, Arkansas-based Centennial Bank, announced that it has received approval from the Arkansas State Banking Board and the Arkansas State bank commissioner of its applications for the previously announced merger with Happy Bancshares Inc., the parent company of Amarillo-based Happy State Bank. On December 15, … Read more
On December 16, Home Bancorp Inc., the holding company of the 113-year-old Lafayette, Louisiana-based Home Bank NA, and Friendswood Capital Corp., the holding company of Houston-based Texan Bank NA, jointly announced the signing of a definitive agreement and plan of merger under which Home Bancorp will acquire Friendswood Capital Corp. in an all-cash transaction. The … Read more
Home Office Relocation The TDB reports that Freedom Bank has applied to relocate its home office from 902 E. Riley St. in Freer to an existing branch at 533 N. Alamo Rd. in Alamo and maintain the branch at 902 E. Riley St. in Freer. Branches The TDB reports that it has approved an application … Read more
On November 19, Pine Bluff, Arkansas-based Simmons First National Corp., the holding company for Pine Bluff, Arkansas-based Simmons Bank, and Conroe-based Spirit of Texas Bancshares Inc. announced the execution of a definitive merger agreement pursuant to which Simmons will acquire Spirit, and its wholly owned subsidiary, Spirit of Texas Bank SSB, in a transaction consisting … Read more