TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On December 16, Home Bancorp Inc., the holding company of the 113-year-old Lafayette, Louisiana-based Home Bank NA, and Friendswood Capital Corp., the holding company of Houston-based Texan Bank NA, jointly announced the signing of a definitive agreement and plan of merger under which Home Bancorp will acquire Friendswood Capital Corp. in an all-cash transaction. The … Read more
Home Office Relocation The TDB reports that Freedom Bank has applied to relocate its home office from 902 E. Riley St. in Freer to an existing branch at 533 N. Alamo Rd. in Alamo and maintain the branch at 902 E. Riley St. in Freer. Branches The TDB reports that it has approved an application … Read more
On November 19, Pine Bluff, Arkansas-based Simmons First National Corp., the holding company for Pine Bluff, Arkansas-based Simmons Bank, and Conroe-based Spirit of Texas Bancshares Inc. announced the execution of a definitive merger agreement pursuant to which Simmons will acquire Spirit, and its wholly owned subsidiary, Spirit of Texas Bank SSB, in a transaction consisting … Read more
Mergers and Acquisitions The TDB reports that Texas Bank, based in Brownwood, has applied to merge with Texas Bank Financial, based in Weatherford. Branches The OCC reports that Bank of America National Association, based in Charlotte, North Carolina, has applied to establish a branch at 11050 US Hwy. 380 in Cross Roads. The OCC reports … Read more
Branches The TDB reports that WestStar Bank, based in El Paso, has established a branch at 12160 Pebble Hills in El Paso. The TDB reports that Security State Bank & Trust, based in Fredericksburg, has applied to establish a branch at 3973 W. Vickery Blvd., Ste. 102 and 103, in Fort Worth. The TDB reports … Read more
Weatherford-based Texas Bank Financial has entered into a merger agreement with its sister bank organization, Brownwood-based Texas Bank. Upon completion of the transaction, the combined banks will operate as TexasBank and have total assets of more than $1.3 billion with 15 branches and loan production offices throughout the Dallas/Fort Worth metroplex, Central Texas and West … Read more
On November 8, Houston-based Allegiance Bancshares Inc., the holding company of Allegiance Bank, and CBTX Inc., the parent company of CommunityBank of Texas NA, jointly announced that they have entered into a definitive agreement pursuant to which the companies will combine in an all-stock merger of equals to create a combined company with an equity … Read more
Mergers and Acquisitions The OCC reports that The Hondo National Bank, based in Hondo, has applied to merge with Community National Bank, based in Hondo, with the resulting bank to be named TXN Bank National Association. Branches The OCC reports that Wells Fargo Bank National Association, based in Sioux Falls, South Dakota, has established a … Read more
Branches The TDB reports that The First State Bank, based in Abernathy, has established a branch at 100 E. Hamilton St. in Stamford. The TDB reports that it has approved an application by Grandview Bank, based in Grandview, to establish a branch at 2500 S.W. Wilshire Blvd. in Burleson. The TDB reports that Security State … Read more
On October 21, Baton Rouge, Louisiana-based Business First Bancshares Inc., the holding company for b1BANK, and Texas Citizens Bancorp Inc. jointly announced the signing of a definitive agreement under which Business First will acquire Texas Citizens and its wholly owned bank subsidiary, Pasadena-based Texas Citizens Bank NA. Following the completed transaction, the combined institution is … Read more