TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
CSB Bancshares Inc. and Burton Bancshares Inc. recently announced that an agreement for the merger of Burton-based Burton State Bank into Sommerville-based Citizens State Bank was signed in mid-August by the boards of both entities. The transaction is expected to close before the end of the year. Upon completion, Burton State Bank will become the … Read more
On June 28, the board of directors of Plains Bancorp Inc., the parent company of Dimmitt-based First United Bank, announced that the company has entered into a definitive agreement with Childress Bancshares Inc., the parent company of First Bank and Trust of Childress, whereby First United Bank will acquire First Bank and Trust. Following the … Read more
On June 3, Dallas-based First Foundation Inc., a financial services company with two operating subsidiaries, First Foundation Advisors and First Foundation Bank, and Naples, Florida-based TGR Financial Inc., the holding company of First Florida Integrity Bank, jointly announced the execution of a definitive agreement under which TGR Financial will merge into First Foundation in an … Read more
On December 11, J. Pat Hickman, chairman of Amarillo-based Happy State Bank, and Frederick B. Hegi Jr., chairman of Tahoka-based First National Bank of Tahoka (FNB), announced that Happy State Bank is acquiring First National Bank of Tahoka through a merger. FNB Tahoka holds approximately $56 million in total assets and has one location in … Read more