TEXAS BANKING NEWS, PEOPLE and IDEAS

Shiner Texas

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

Cadence Bank Completes Acquisition of Industry Bancshares

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On July 1, Tupelo, Mississippi-based Cadence Bank announced the successful completion of its previously announced acquisition of Industry Bancshares Inc., the bank holding company for Industry State Bank, The First National Bank of Bellville, Fayetteville Bank, Citizens State Bank, The First National Bank of Shiner and Bank of Brenham. Cadence Bank hopes to complete operational … Read more

Texas Bankers Foundation Presents 2020 Cornerstone and LiFE Awards

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The Texas Bankers Foundation, the philanthropic arm of the Texas Bankers Association, presented the annual Cornerstone and Leaders in Financial Education (LiFE) awards to banks at a special virtual video presentation on December 3. The Cornerstone Award recognizes excellence in community involvement by Texas banks. The following banks were honored with the 2020 Cornerstone Award. … Read more