TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
John E. Grist, chairman and CEO of Snyder-based West Texas State Bank, along with Chris Comer, Lubbock market president, announced two new officer hirings. Both join the team with experience in West Texas banking and both will office at the bank’s new branch at 7202 Slide Rd. in Lubbock. John E. Dolan joins the bank … Read more
On January 31, UMB Financial Corp., the parent company of Kansas City, Missouri-based UMB Bank, announced the closing of its acquisition of Denver, Colorado-based Heartland Financial USA Inc., which operates in Texas as First Bank & Trust, based in Lubbock. Heartland Financial USA operated 19 branches in Texas before the merger. Its Texas-based banks will … Read more
Loan Production Offices The OCC reports that it has approved an application by First National Bank Texas, based in Killeen, to establish a loan production office at 641 N. Stanton Dr. in El Paso. Branches The OCC reports that it has approved an application by Woodforest National Bank, based in The Woodlands, to establish a … Read more
Mergers and Acquisitions The TDB reports that Independent Bank, based in McKinney, has applied to merge into SouthState Bank NA, based in Winter Haven, Florida. Main Offices The OCC reports that it has approved an application by The First National Bank of Eagle Lake, based in Eagle Lake, to relocate its home office from 100 … Read more
Mergers and Acquisitions The TDB reports that Sunflower Bank, based in Dallas, has withdrawn its application to merge with HomeStreet Bank NA, based in Seattle, Washington, and has also withdrawn its application to convert to a national association. Branches The OCC reports that VeraBank NA, based in Henderson, has applied to establish a branch at … Read more
Mergers and Acquisitions The TDB reports BOM Bank, based in Natchitoches, Louisiana, has acquired the following branches of American State Bank, based in Arp: 13218 U.S. Hw.y 84 E in Joaquin; 830 N. 1st St. in Timpson; 163 Casscaid St. in Center, TX; 3001 S. John Redditt Dr. in Lufkin; 1601 S. Chestnut St. in … Read more
Mergers and Acquisitions The TDB reports that it has approved an application by Producer Acquisition Corp., based in Beaumont, to establish a bank holding company by acquiring Powell State Bank, based in Powell. Main Offices The OCC reports that The First National Bank of Eagle Lake, based in Eagle Lake, has applied to relocate its … Read more
Mergers and Acquisitions The OCC reports that Austin Bank NA, based in Jacksonville, has applied to acquire Chasewood Bank, 20333 State Hwy. 249 in Houston. Loan Production Offices The OCC reports that First National Bank Texas, based in Killeen, has applied to establish a loan production office at 641 N. Stanton Dr. in El Paso. Branches … Read more
American Banker has released its 2024 list of the “Best Banks to Work For,” which includes nine banks based in Texas. Northbrook, Illinois-based First Bank Chicago was ranked No. 1 in this year’s list among 90 banks in the 12th annual ranking. The banks on the 2024 list range in size from the 52-employee First … Read more
Mergers and Acquisitions The TDB reports that First Liberty Bank, based in Liberty, has applied to merge with Pearland State Bank, based in Pearland, and First National Bank of Alvin, based in Alvin. Branches The TDB reports that it has approved an application by TexasBank, based in Brownwood, to establish a branch at 2641 E. … Read more