TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On March 8, FirstSun Capital Bancorp, the holding company for Denver, Colorado-based Sunflower Bank NA, and Pioneer Bancshares Inc., the holding company for Austin-based Pioneer Bank SSB, jointly announced the receipt of all required regulatory approvals to merge Pioneer Bancshares and Pioneer Bank with and into FirstSun Capital Bancorp and Sunflower Bank, respectively, in an … Read more
In January, FNBK Holdings Inc. and its wholly owned subsidiary, First National Bank of Kemp, and Rice-based First State Bank announced that they have entered into an agreement whereby FNBK Holdings Inc. would acquire First State Bank. Upon closing of the transaction, expected in the second quarter of 2022, First State Bank will be merged … Read more
On March 3, Elgin-based Frontier Bank of Texas hosted a grand opening celebration for its newest branch at 7509 O’Connor Dr. in Round Rock. The community bank renovated an existing building to include a customer lobby, drive-up banking, night deposit and ATM services. “We know that Round Rock is a vibrant and unique community and … Read more
Baton Rouge, Louisiana-based Business First Bancshares Inc., the holding company for b1BANK, has completed its acquisition of Texas Citizens Bancorp Inc. and its wholly owned bank subsidiary, Pasadena-based Texas Citizens Bank National Association. The acquisition became effective March 1. “This partnership in the Houston area is an important step in the widening of our footprint … Read more
Choudrant, Louisiana-based Origin Bank has announced the opening of its new Midway banking center, located at 13601 Midway Rd. in Dallas. The new location, led by Shash Manocha, banking center manager, will offer personal and business banking, mortgage services, drive-through banking, safe deposit box rentals, a night depository and 24/7 ATM banking. “The new Midway … Read more
On March 4, Texas National Bank, a $170 million bank headquartered in Sweetwater, announced the upcoming launch of Bankers Lender, a digital-first bank designed to serve the needs of individuals working in the banking industry. “Bankers are no different from anyone else when it comes to consumer preferences,” says Mike Fernandez, president and CEO. “Everyone is … Read more
Texas Capital Bancshares Inc., the parent company of Dallas-based Texas Capital Bank, in coordination with the American Bankers Association (ABA), has expanded its Commercial Lending Certificate Program to Huston-Tillotson University in Austin. Texas Capital Bank and ABA launched the program for historically Black colleges and universities in 2021 at Texas A&M University–Prairie View. As an … Read more
The Frost Little Elm Financial Center—the second of 28 new financial centers to open in San Antonio-based Frost Bank’s Dallas region expansion—is now open for business. The new branch, like the other locations in the bank’s recent expansions, features a full range of financial services for consumer and business customers. It’s also home to one … Read more
On February 24, Ruston, Louisiana-based Origin Bancorp Inc., the holding company for Choudrant, Louisiana-based Origin Bank, and BT Holdings Inc., the holding company for Quitman-based BTH Bank NA, jointly announced the signing of an agreement and plan of merger under which Origin will acquire BTH in an all-stock transaction valued at approximately $313.5 million, based … Read more
The February 2022 edition of the Texas Bank Report, published by the Texas Department of Banking, is now available on the department’s website. It includes September 30, 2021, financial data. “Many observers anticipated tough times for the financial service industry in the early days of the pandemic; however, nearly two years later, this has not … Read more