TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
Mergers and Acquisitions The OCC reports that Great Plains National Bank, based in Elk City, Oklahoma, has completed its acquisition of Providence Bank of Texas SSB, based in Southlake. The TDB reports that Prosperity Bank, based in El Campo, has applied to acquire Lone Star State Bank of West Texas, in Lubbock. The FRBD reports … Read more
In mid-December, the Austin American-Statesman, in tandem with Top Workplaces, unveiled its 2022 list of the “Greater Austin Top Workplaces,” and two Texas-based banks were included: Elgin-based Frontier Bank of Texas San Antonio-based Broadway Bank. The Statesman recognized 127 companies and organizations in greater Austin on its 2022 list. “This bank was founded on a culture … Read more
As part of its strategic expansion into North Texas, San Antonio-based Broadway Bank has hired Scott Cortez to serve as Dallas market president. He will oversee commercial real estate and middle-market services in the metroplex, as well as a growing team of financial experts. Cortez brings more than 30 years of banking experience managing commercial … Read more
Branches The OCC reports that PNC Bank NA, based in Wilmington, Delaware, has applied to establish a branch at 5220 Ave. J in Houston. The OCC reports that JPMorgan Chase Bank NA, based in Columbus, Ohio, has applied to establish a branch at the northeast corner of Ronald Reagan Blvd. and Kauffman Loop in Leander. … Read more
Mergers and Acquisitions The TDB reports that Pinnacle Bank, based in Fort Worth, has completed its acquisition of Crockett National Bank, based in San Antonio. Conversions The TDB reports that First Liberty National Bank, based in Liberty, has converted to a state charter under the name First Liberty Bank. Name Changes The TDB reports that … Read more
San Antonio-based Frost Bank’s Central Plano and Northwest Dallas locations—the seventh and eighth of 28 new financial centers to open in the bank’s Dallas region expansion—are open for business. The Central Plano branch opened on November 14 and the Northwest Dallas branch opened on the morning of December 12. A 154-year-old bank with deep Texas … Read more
Mergers and Acquisitions The TDB reports that it has approved an application by The Chasewood Bank, based in Houston, to acquire MergerCo Inc., based in Houston. The TDB reports that Prosperity Bank, based in El Campo, has applied to acquire Lone Star State Bank of West Texas, based in Lubbock, and FirstCapital Bank of Texas … Read more
Name Changes The TDB reports that Security Bank of Crawford, based in Crawford, has applied to change its name to Security Bank of Texas. Conversions The TDB reports that it has approved an application by The First Liberty National Bank, based in Liberty, to convert to a state charter under the name First Liberty Bank. … Read more
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
On November 8, Corpus Christi-based American Bank announced that Byron Bexley has joined the team as vice chairman/San Antonio. In his role as market leader, he will oversee commercial banking activities in San Antonio. Bexley brings more than 40 years of banking experience, most recently serving as chairman and chief executive officer of TexStar National … Read more