TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Conversions The TDB reports that First Financial Bank, based in Abilene, has converted from a national association to a Texas state-chartered bank. Branches The OCC reports that Home Bank NA, based in Lafayette, Louisiana, has established a branch at 5940 Fairmont Pkwy. in Pasadena. The OCC reports that Extraco Banks NA, based in Temple, has … Read more
On April 25, Business First Bancshares Inc., the holding company for Baton Rouge, Louisiana-based b1Bank, announced that it entered into a definitive agreement to acquire Oakwood Bancshares Inc. and its subsidiary, Dallas-based Oakwood Bank, in an all-stock transaction for total consideration value of approximately $85.7 million based on the company’s closing price of $21.57 per … Read more
Branches The OCC reports that Bank of Brenham NA, based in Brenham, has established a branch at 869 N. Earl Rudder Fwy. in Bryan. The OCC reports that it has approved an application by JPMorgan Chase Bank NA, based in Columbus, Ohio, to establish a branch at the northeast corner of Gattis School Rd. and … Read more
Conversions The TDB reports that it has approved an application by First Financial Bank and its holding company, First Financial Trust & Asset Management Co., both based in Abilene, to convert from a national banking association to a state-chartered bank. Branches The OCC reports that it has approved an application by National Bank & Trust, … Read more
Oklahoma City, Oklahoma-based MidFirst Bank has entered into a definitive agreement to acquire the Houston branches of Coral Gables, Florida-based Amerant Bank. Upon closing expected later this year, MidFirst Bank will add six Amerant Bank locations to the company’s footprint and gain Amerant Bank’s Houston client relationships totaling approximately $576 million in deposits and $529 … Read more
By Allison Maddock, CSI To find out how bankers will confront challenges associated with a changing technology landscape, artificial intelligence, cybersecurity, financial crimes and more, Kentucky-based CSI, a leader in the fintech and regtech industries, surveyed banking executives from across the nation about their strategies and priorities for 2024. The survey results spotlight the challenges … Read more
Mergers and Acquisitions The TDB reports that Lone Star State Bank of West Texas, based in Lubbock, has merged into Prosperity Bank, based in El Campo. Branches The OCC reports that it has approved an application by Great Plains National Bank, based in Elk City, Oklahoma, to establish a branch at 2620 N. Travis in … Read more
Branches The OCC reports that First National Bank Texas, based in Killeen, has applied to establish a branch at 4101 W. Wheatland Rd. in Dallas. The OCC reports that Investar Bank NA, based in Baton Rouge, has applied to establish a branch at 2657 S. Loop 336 W, Ste. B, in Conroe. The OCC reports … Read more
On March 19, Prosperity Bancshares Inc., the parent company of El Campo-based Prosperity Bank, announced that it has received all regulatory approvals to complete its previously announced acquisition of Lone Star State Bancshares Inc., the parent company of Lubbock-based Lone Star State Bank of West Texas. Alan Lackey, CEO of Lone Star State Bank, will … Read more
Bank Charters The TDB reports that Houston Bank & Trust, based in Houston, has applied for a state bank charter with headquarters based at 919 W Drew St. in Houston. Name Changes The TDB reports that Fort Davis State Bank, based in Fort Davis, to change its name to Maverick Bank. Branches The TDB reports … Read more