TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Coastal Bend Bancshares, the holding company for Corpus Christi-based First Community Bank, has entered into a definitive agreement to acquire Port Lavaca-based First National Bank. The transaction is expected to close in the second quarter of 2026. “Our roots along the Texas Gulf Coast run deep at First Community Bank,” notes Wes Hoskins, First Community … Read more
Mergers and Acquisitions The TDB reports that it has approved applications by First Liberty Bank, based in Liberty, to acquire Pearland State Bank, based in Pearland, and First National Bank of Alvin, based in Alvin. Branches The OCC reports that it has approved an application by VeraBank NA, based in Henderson, to establish a branch … Read more
On October 17, Charles McGuire, chairman of First Liberty National Bancshares Inc., the holding company of Liberty-based First Liberty Bank, and Kelly Stretcher, president and CEO of First Liberty Bank, announced that a definitive agreement has been executed wherein First Liberty National Bancshares Inc., has agreed to acquire 100 percent of the issued and outstanding … Read more
Dr. Lloyd R. Ferguson, one of the founders of Pearland State Bank, passed away in his Pearland home on March 9. He was 96. Ferguson served in the U.S. Army Air Corps as a B-17 gunman during World War II. He earned his bachelor’s degree from Howard Payne University, a master’s degree from Texas Christian … Read more
Galveston-based HomeTown Bank recently announced a number of staff promotions, as well as a new hire. HomeTown Bank has promoted Elizabeth Birch to vice president. Birch, who has 17 years of banking experience, joined HomeTown Bank seven years ago in the new accounts department at the Galveston main bank and is now new accounts supervisor. She … Read more