The Oklahoma company will pay $122 million for a bank with three branches in Dallas.
Gateway Mortgage Group says its launch of a digital-only bank is scheduled for this summer.
Valley National will reinvent itself as Vast Bank over the next few months. The move is part of an effort to attract younger customers.
The results did not include the company's purchase of CoBiz, which closed last month.
The regional bank is putting its corporate stamp on branches in the two states.
The Kansas company has agreed to buy thee offices from MidFirst Bank.
Organizers of Watermark Bank aim to open early next year.
Bank 7, which aims to raise $75 million, also has extensive dealings in the hospitality industry. The company has completed two acquisitions since 2011.
Gateway Mortgage's owners plan to merge the mortgage lender into Farmers Exchange Bank.
N.B.C. Bancshares' deal for Bank of Cushing will give it two branches an hour outside of Tulsa.
