TEXAS BANKING NEWS, PEOPLE and IDEAS

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TEXAS BANKING NEWS, PEOPLE AND IDEAS

TEXAS BANKING NEWS, PEOPLE AND IDEAS

acquisition

Cornerstone Capital Bank Launches Upon Completion of Cornerstone Home Lending and Roscoe State Bank Merger

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On October 3, Houston-based Cornerstone Home Lending, one of the nation’s largest independent residential mortgage companies, announced the completion of its previously announced acquisition of and merger with Roscoe-based Roscoe State Bank. The merger results in the formation of Cornerstone Capital Bank, which will hold more than $380 million in regulatory capital and greater than $1.5 … Read more

Prosperity Bancshares to Acquire FirstCapital Bank of Texas and Lone Star State Bank of West Texas

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In mid-October, Prosperity Bancshares Inc., the parent company of El Campo-based Prosperity Bank, announced the signing of two acquisition agreements. In one, Prosperity has agreed to acquire First Bancshares of Texas Inc. and its banking subsidiary, Midland-based FirstCapital Bank of Texas NA. The second agreement signed by Prosperity Bancshares indicates its intention to acquire Lone … Read more

Oklahoma-based Great Plains Bancshares to Acquire Providence Bank of Texas

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On July 26, Great Plains Bancshares Inc., along with its subsidiary, Elk City, Oklahoma-based Great Plains National Bank, announced that it has entered into a definitive agreement to acquire Providence Bancshares Corp. and its wholly owned subsidiary, Southlake-based Providence Bank of Texas SSB. The acquisition expands Great Plains Bancshares’ growing footprint in the Dallas/Fort Worth … Read more

Nebraska-based Pinnacle Bancorp to Acquire San Antonio’s Crockett National Bank

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On July 1, the San Angelo Standard-Times reported that Fort Worth-based Pinnacle Bank, a subsidiary of Omaha, Nebraska-based Pinnacle Bancorp Inc., has agreed to acquire San Antonio-based Crockett National Bank. Completion of the transaction is expected in the second half of 2022. Following completion of the deal, Crockett National Bank’s locations will become part of Pinnacle … Read more

Louisiana-based Origin Bancorp Completes Acquisition of BT Holdings/BTH Bank

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On August 1, Origin Bancorp Inc., the holding company for Choudrant, Louisiana-based Origin Bank, announced the completion of its acquisition of BT Holdings Inc., the holding company for Quitman-based BTH Bank NA. The acquisition became effective on August 1 in accordance with the terms of the agreement and plan of merger announced in February. “We … Read more

American Bank to Enhance Presence in San Antonio with Acquisition of TexStar National Bank 

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On June 7, Corpus Christi-based American Bank and TexStar National Bank jointly announced the signing of a definitive agreement and plan of merger pursuant to which American Bank will acquire TexStar. In accordance with the merger agreement, TexStar will merge with and into American Bank and the combined banks will operate under the American Bank … Read more

Arkansas-based Home BancShares Names Hickman to Board

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On April 22, Home BancShares Inc. and its wholly owned subsidiary, Conway, Arkansas-based Centennial Bank, announced that J. Pat Hickman, former chairman of Amarillo-based Happy Bancshares Inc., has been appointed to the company’s board of directors as contemplated by the merger agreement for the company’s acquisition of Happy Bancshares, which was completed on April 1. … Read more

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

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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

Home Bancorp Completes Acquisition of Friendswood Capital Corp.

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On March 28, Home Bancorp Inc., the holding company of Lafayette, Louisiana-based Home Bank NA, announced the completion of its acquisition of Friendswood Capital Corp., the holding company of Houston-based Texan Bank NA. The combined company has total assets of approximately $3.2 billion, $2.2 billion in loans and $2.7 billion in deposits. “Since announcing our … Read more

Denver-based Sunflower Bank and Austin-based Pioneer Bank Receive Approval for Merger

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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

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© 2024 Bankers Digest—Published by IBAT Marketing Inc.
a SUBSIDIARY of the Independent Bankers Association of Texas

Linkedin Twitter Facebook

© 2024 Bankers Digest—Published by IBAT Marketing Inc.
a SUBSIDIARY of the Independent Bankers Association of Texas3

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© 2024 Bankers Digest—
Published by IBAT Marketing Inc.,
a SUBSIDIARY of the Independent Bankers Association of Texas