TEXAS BANKING NEWS, PEOPLE and IDEAS



Third Coast Bancshares Sells Subsidiary’s Commercial Capital Assets to Gulf Coast Bank & Trust

On July 13, Third Coast Bancshares Inc., the holding company of Humble-based Third Coast Bank, announced that it has closed the sale of substantially all of the assets of Third Coast Commercial Capital Inc., a wholly owned subsidiary of the bank, to New Orleans, Louisiana-based Gulf Coast Bank & Trust Co. “The sale…allows us to … Read more

Federal Home Loan Bank of Dallas Awards $28.4 Million for Affordable Housing

The Federal Home Loan Bank of Dallas (FHLB Dallas) has awarded $28.4 million in Affordable Housing Program (AHP) subsidies to 43 projects in its five-state district of Arkansas, Louisiana, Mississippi, New Mexico and Texas. The subsidies will result in the creation or rehabilitation of 2,677 housing units. “Affordable housing is a critical need for communities … Read more