Arkansas-based Simmons First National Corp. Completes Acquisition and Conversion of Spirit of Texas Bancshares

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

Simmons First National Corp. and Spirit of Texas Bancshares Announce Intent to Merge

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

Spirit of Texas Bancshares Completes Sale of Jacksboro Branch to First State Bank

Conroe-based Spirit of Texas Bancshares Inc., the holding company for Spirit of Texas Bank, announced that on January 8 it completed the previously announced sale of its Jacksboro location to Graham-based First State Bank. Under the terms of the transaction, the bank sold loans of approximately $3.5 million, deposits of approximately $5.7 million and the real … Read more

Spirit of Texas Bancshares Names Johnson Chief Financial Officer

Conroe-based Spirit of Texas Bancshares Inc., the holding company for Spirit of Texas Bank SSB, recently announced that Allison S. Johnson has been appointed by the board to serve as executive vice president and chief financial officer of both the company and its wholly owned subsidiary. She has been serving as interim chief financial officer of … Read more

Spirit of Texas Bancshares Sells Clear Lake Branch to Moody National Bank

On July 20, Conroe-based Spirit of Texas Bancshares Inc., the holding company for Spirit of Texas Bank, announced that the bank has entered into a branch purchase-and-assumption agreement to sell its Clear Lake location to Galveston-based Moody National Bank. “Moody will obtain a book of business that they can successfully build on in the Moody … Read more