TEXAS BANKING NEWS, PEOPLE and IDEAS

Southern Bancshares Inc.

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

SouthStar Bank Celebrates a Century of Service

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SouthStar Bank celebrated a century in business on October 21 in Moulton, featuring live music and barbecue. “Starting from humble beginnings as The Farmers and Merchants Bank, we have grown not only in numbers, but also in talent, services and communities,” says David R. Kapavik, president and CEO. “SouthStar Bank has remained true to its … Read more