TEXAS BANKING NEWS, PEOPLE and IDEAS

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TEXAS BANKING NEWS, PEOPLE AND IDEAS

TEXAS BANKING NEWS, PEOPLE AND IDEAS

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Florida-based SouthState Corp. to Acquire McKinney-based Independent Bank Group

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On May 20, SouthState Corp., the parent company of Winter Haven, Florida-based SouthState Bank NA, and Independent Bank Group Inc., the parent company of McKinney-based Independent Bank (dba Independent Financial), jointly announced that they have entered into a definitive agreement under which SouthState will acquire Independent Bank Group in an all-stock transaction valued at approximately … Read more

Louisiana-based Business First Bancshares to Acquire Oakwood Bancshares and Oakwood Bank

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On April 25, Business First Bancshares Inc., the holding company for Baton Rouge, Louisiana-based b1Bank, announced that it entered into a definitive agreement to acquire Oakwood Bancshares Inc. and its subsidiary, Dallas-based Oakwood Bank, in an all-stock transaction for total consideration value of approximately $85.7 million based on the company’s closing price of $21.57 per … Read more

Prosperity Bancshares Receives Regulatory Approvals for Lone Star State Bancshares Acquisition

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On March 19, Prosperity Bancshares Inc., the parent company of El Campo-based Prosperity Bank, announced that it has received all regulatory approvals to complete its previously announced acquisition of Lone Star State Bancshares Inc., the parent company of Lubbock-based Lone Star State Bank of West Texas. Alan Lackey, CEO of Lone Star State Bank, will … Read more

Louisiana’s BOM Bank to Acquire Nine American State Bank Locations in Texas

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On March 15, Natchitoches, Louisiana-based BOM Bank announced that it has signed an agreement to acquire nine Arp, Texas-based American State Bank locations in Texas. These include American State Bank’s Haslam, Timpson, Center, Lufkin, Chestnut, Huntington, Chester and Conroe branches, as well as one soon-to-be-renovated location. The proposed transaction is expected to close in the … Read more

Sunflower Bank/FirstSun Capital Bancorp and HomeStreet Inc. Announce Merger

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On January 16, Denver, Colorado-based FirstSun Capital Bancorp, the holding company of Dallas-based Sunflower Bank NA, and Seattle, Washington-based HomeStreet Inc., the holding company of HomeStreet Bank, announced that they have entered into a definitive merger agreement under which HomeStreet Inc. and HomeStreet Bank will merge with and into FirstSun Capital Bancorp and Sunflower Bank, … Read more

First NationaI Bank of Jasper and First State Bank of Livingston Complete Merger

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On December 4, First National Bank of Jasper and First State Bank of Livingston will complete their merger under the name First State Bank of Livingston (First State Bank). With a combined asset size of more than $700 million, the merger positions the combined bank to invest in additional resources such as technology, as well as … Read more

Farmers Bancshares and Farmers State Bank to be Acquired by FSBH Inc.

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FSBH Inc. has agreed to acquire Farmers Bancshares Inc., the parent company of Center-based Farmers State Bank. Upon completion of the merger, management and the employees of the bank will remain in place and there will be no change in the business plan of the bank. The transaction is expected to close in the fourth … Read more

Harmony Bank NA and Texas Brand Bank Officially Close on Merger

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Kemp-based Harmony Bank NA and Dallas-based Texas Brand Bank have officially closed on their merger, conducting business as Harmony Bank and now operating as a Texas state-chartered bank. The merger agreement was announced last September by John J. Carona, former Texas state senator and chairman of Harmony Bank, and Edward B. Tomlinson II, chairman of Texas … Read more

Prosperity Bancshares Receives Regulatory Approvals for First Bancshares of Texas Acquisition

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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

American Bank Completes Acquisition of TexStar National Bank in San Antonio

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Corpus Christi-based American Bank has completed its acquisition of San Antonio-based TexStar National Bank after a successful core systems conversion in late March. TexStar National Bank, its clients and six San Antonio-area branches are now fully integrated and part of the American Bank system. The acquisition, which received regulatory approval and became effective in October … 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