TEXAS BANKING NEWS, PEOPLE AND IDEAS
TEXAS BANKING NEWS, PEOPLE AND IDEAS
On September 8, Kemp-based Harmony Bank NA and Dallas-based Texas Brand Bank announced that they have signed a definitive agreement in which Harmony Bank will merge with and into Texas Brand Bank. The merger agreement, announced by former Texas State Senator John J. Carona, chairman of Harmony Bank, and Edward B. Tomlinson II, chairman of … Read more
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
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
On April 1, Home BancShares Inc., the parent company of Conway, Arkansas-based Centennial Bank, announced that it has completed its previously announced acquisition of Happy Bancshares Inc., the parent company of Amarillo-based Happy State Bank, pursuant to the terms of a definitive agreement and plan of merger whereby, in a series of transactions, an acquisition … Read more
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
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 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
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
Houston-based Cadence Bank recently introduced its new logo, which celebrates the combination of legacy BancorpSouth Bank and legacy Cadence Bank NA. The two companies completed their merger in October 2021, becoming the new Cadence Bank. The new logo is the first of several elements to be announced as part of the company’s long-term brand strategy and … Read more