Merger & Acquisition activity

Happy State Bank acquires First Bank of Muleshoe

12/1/2020
J. Pat Hickman, chairman of Happy State Bank, and Tommy Gunstream, chairman of Muleshoe Bancshares Inc., announced that Happy State Bank is acquiring through a series of mergers Muleshoe Bancshares and its subsidiary, First Bank of Muleshoe.

Uncertainty reigns supreme

7/1/2020
Despite unprecedented turmoil due to COVID-19, there are reasons for banks to remain optimistic

Texas Capital Bancshares and Independent Bank Group to merge

1/1/2020
Texas Capital Bancshares Inc. and Independent Bank Group Inc. have entered into a definitive agreement under which the companies will combine in an all-stock merger of equals

BancorpSouth to acquire Texas First Bancshares

11/1/2019
BancorpSouth Bank recently announced the signing of a definitive merger agreement with Texas First Bancshares Inc., the parent company of Texas First State Bank, pursuant to which Texas First will be merged with and into BancorpSouth.

First Financial Bankshares to acquire The Bank & Trust of Bryan/College Station

10/1/2019
First Financial Bankshares Inc. recently announced that it has entered into a definitive agreement to acquire TB&T Bancshares Inc. and its wholly owned subsidiary, The Bank & Trust of Bryan/College Station.

Western Bank completes merger with Gruver State Bank

10/1/2019
Circle I Bank Group Inc., the parent bank holding company for Western Bank based in Lubbock, recently announced the completion of its merger with GSB Bancshares Inc., the parent bank holding company for Gruver State Bank.

Spirit of Texas Bancshares and Chandler Bancorp to merge

9/1/2019
Spirit of Texas Bancshares Inc., the holding company for Spirit of Texas Bank, recently announced that it is acquiring, through a series of mergers, Chandler Bancorp Inc. and its subsidiary, Citizens State Bank.

City Bank announces merger with West Texas State Bank

9/1/2019
Lubbock-based South Plains Financial Inc., the parent company of City Bank, recently announced they are merging with West Texas State Bank, Odessa. South Plains will acquire WTSB in an all-cash transaction valued at $76.1 million.

Legend Bank acquires Enloe State Bank

7/1/2019
Legend Bank N.A., a $739 million asset bank headquartered in Bowie, recently announced that it has acquired Enloe State Bank, headquartered in Cooper.

Prosperity Bancshares and LegacyTexas Financial Group to merge

7/1/2019
Prosperity Bancshares, the parent company of Prosperity Bank, and LegacyTexas Financial Group, the parent company of LegacyTexas Bank, recently announced the signing of a definitive merger agreement pursuant to which LegacyTexas will merge with Prosp