TEXAS BANKING NEWS, PEOPLE and IDEAS

Linkedin Facebook Twitter

TEXAS BANKING NEWS, PEOPLE AND IDEAS

TEXAS BANKING NEWS, PEOPLE AND IDEAS

Peoples Bancorp Inc.

Houston-based Cornerstone Capital Bank to Acquire West Texas-based Peoples Bank

by

On October 16, Cornerstone Capital Bancorp Inc., the holding company for Houston-based Cornerstone Capital Bank, and Peoples Bancorp Inc., the holding company for Lubbock-based Peoples Bank, announced the signing of a definitive agreement under which Cornerstone will acquire Peoples. This transaction marks Cornerstone’s first bank acquisition since its merger with Roscoe Bank in 2022. Upon … Read more

Peoples Bancorp Completes Acquisition of Baylor Bancshares

by

On May 3, Lubbock-based Peoples Bancorp Inc., the parent company of Peoples Bank, announced the successful closing of the previously announced acquisition of Seymour-based Baylor Bancshares Inc., the parent company of the First Bank & Trust. The merger agreement was unanimously approved by the boards of directors of both bank holding companies and their subsidiary banks … Read more