Prosperity Bancshares Receives Regulatory Approvals for First Bancshares of Texas Acquisition

On April 17, Prosperity Bancshares Inc., the parent company of El Campo-based Prosperity Bank, announced that it has received all regulatory approvals necessary to complete its previously announced acquisition of First Bancshares of Texas Inc., the parent company of Midland-based FirstCapital Bank of Texas NA. The merger is expected to be effective as of May … 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

Texas Bankers Foundation Announce 2021 Cornerstone and LiFE Award Winners

In August, the Texas Bankers Foundation, the charitable arm of the Texas Bankers Association, announced the eight recipients of its 2021 Cornerstone Award and Leader in Financial Education (LiFE) Award. Each of the banks selected has demonstrated excellence in community involvement or promoted financial education in its communities. The banks selected were celebrated at the … Read more