TEXAS BANKING NEWS, PEOPLE and IDEAS

Pinnacle Bank

Southern Bancshares and SouthStar Bank Sign Agreement to Merge with Nebraska-based Pinnacle Bancorp

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Omaha, Nebraska-based Pinnacle Bancorp Inc. has signed an agreement to acquire Southern Bancshares Inc., the parent company of Moulton-based SouthStar Bank. SouthStar Bank has $1.35 billion in assets with 16 full-service locations in Central Texas: Austin, Bee Cave, Brazoria, Bremond, Calvert, Franklin, Georgetown, Gonzales, Harker Heights, Hearne, Kerrville, Leander, Moulton, Round Rock and Shiner. In … Read more

Third Coast Bancshares Announces Agreement to Acquire Oklahoma-based Great Plains Bancshares

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On October 7, Third Coast Bancshares Inc., the parent company of Humble-based Third Coast Bank, and Great Plains Bancshares Inc., the parent company of Oklahoma City, Oklahoma-based Great Plains National Bank, announced the signing of a definitive merger agreement pursuant to which Third Coast will acquire Great Plains in an all-stock transaction valued at approximately … Read more

Pinnacle Bank Completes Acquisition of Crockett National Bank

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Omaha, Nebraska-based Pinnacle Bancorp Inc. and its subsidiary, Fort Worth-based Pinnacle Bank, have received regulatory approval for the acquisition of San Antonio-based Crockett National Bank. On December 1, Crockett National Bank changed its name to Pinnacle Bank. Its San Antonio, San Angelo, College Station, New Braunfels and Ozona branches will become part of Pinnacle Bank’s … Read more

Nebraska-based Pinnacle Bancorp to Acquire San Antonio’s Crockett National Bank

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On July 1, the San Angelo Standard-Times reported that Fort Worth-based Pinnacle Bank, a subsidiary of Omaha, Nebraska-based Pinnacle Bancorp Inc., has agreed to acquire San Antonio-based Crockett National Bank. Completion of the transaction is expected in the second half of 2022. Following completion of the deal, Crockett National Bank’s locations will become part of Pinnacle … Read more

Texas Bankers Foundation Announces 2021 50-Year Banker Honorees

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The Texas Bankers Foundation, the charitable arm of the Texas Bankers Association, has announced the 17 recipients of the 2022 50-Year Banker Awards. Each of the bankers selected is recognized for his/her exemplary and long-standing service to the banking industry. Launched in 1989 by the Texas Bankers Association, the 50-Year Banker Awards honor the men … Read more