TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On March 9, Journey Financial Group Inc. and Houston-based Lone Star Bank jointly announced the signing of a definitive agreement pursuant to which Journey will acquire Lone Star. The transaction is expected to close late in the second quarter or early in the third quarter of 2026. Journey Financial Group is led by Dean O. … Read more
On April 11, Simmons First National Corp., the parent company of Pine Bluff, Arkansas-based Simmons Bank, announced that it has completed the acquisition of Spirit of Texas Bancshares Inc., the parent company of Conroe-based Spirit of Texas Bank SSB. A definitive agreement to acquire Spirit of Texas Bank was previously announced last November with Spirit’s … Read more
On November 19, Pine Bluff, Arkansas-based Simmons First National Corp., the holding company for Pine Bluff, Arkansas-based Simmons Bank, and Conroe-based Spirit of Texas Bancshares Inc. announced the execution of a definitive merger agreement pursuant to which Simmons will acquire Spirit, and its wholly owned subsidiary, Spirit of Texas Bank SSB, in a transaction consisting … Read more
On April 22, Pine Bluff, Arkansas-based Simmons First National Corp. announced changes to certain senior leadership roles. The following changes were effective as of April 26. Simmons Bank operates 23 branches in Texas. Bob Fehlman has been named president and chief operating officer of Simmons First National Corp. and Simmons Bank. In these roles, he … Read more