Louisiana-based First Guaranty Bancshares to Acquire Lone Star Bank

Hammond, Louisiana-based First Guaranty Bank, a wholly owned subsidiary of First Guaranty Bancshares Inc. announced a definitive agreement to purchase Houston-based Lone Star Bank in an all-stock transaction. The combined financial institutions will have approximately $3.2 billion in total assets, $2.5 billion in total loans and $2.8 billion in total deposits. Established in 2006, Lone … Read more

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

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

Louisiana-based Investar Bank Agrees to Sell Two South Texas Branches to First Community Bank

On July 18, Baton Rouge, Louisiana-based Investar Holding Corp. announced that its wholly owned subsidiary, Investar Bank National Association, has entered into an agreement to sell certain assets, deposits and other liabilities associated with its Alice and Victoria locations in Texas to Corpus Christi-based First Community Bank. The pending sale is expected to close in … Read more

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

First National Bank in Kemp to Acquire First State Bank in Rice

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

Origin Bancorp Accelerates Texas Expansion with BT Holdings Merger Agreement

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

Dallas-based MapleMark Bank and Oakwood Bank to Merge as Equals

On January 25, Maple Financial Holdings Inc., the parent company of Dallas-based MapleMark Bank, and Oakwood Bancshares Inc., the parent company of Dallas-based Oakwood Bank, announced that they have entered into a definitive merger agreement to combine in a merger-of-equals transaction. Under the terms of the agreement, the combined holding company will be Maple Financial … Read more

First Foundation Inc. to Acquire Florida-based TGR Financial and its Subsidiary, First Florida Integrity Bank

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