Veritex to record charge-off tied to energy loan
The Dallas company inherited the loan relationship from a bank it bought in 2017. ... Read full article
The Dallas company inherited the loan relationship from a bank it bought in 2017. ... Read full article
The rise in prices caused by the attacks on Saudi Arabian oil installations should help banks recoup some losses from the 2016 downturn. Harder to gauge is the impact the price volatility will have on U.S. energy production and, in turn, loan demand. ... Read full article
The Mississippi company will pay more than $38 million for Texas First Bancshares. ... Read full article
The company will by TB&T Bancshares, which operates branches near Texas A&M University. ... Read full article
The Dallas bank has recruited three executives from Deutsche to establish a unit in New York that holds assets in escrow for clients. ... Read full article
The Plano bank, which is being sold to Prosperity Bancshares in one of the industry's biggest M&A deals this year, was also worried about credit quality, a regulatory filing shows. ... Read full article
The Louisiana company will enter two new markets after it buys the locations. ... Read full article
The bank will buy First State Bank of Mobeetie. ... Read full article
Record oil production has lenders contemplating acquisitions in the region. ... Read full article
The San Antonio bank has had little trouble hiring retail bankers to staff its new Houston branches, but it’s having a harder time filling IT and cybersecurity jobs at its headquarters, said CEO Phil Green. ... Read full article
South Plains' agreement to buy West Texas State Bank is its first major move since conducting an initial public offering in May. ... Read full article
The company agreed to pay $66 million for the parent of Citizens State Bank in Tyler, Texas. ... Read full article
The deal comes less than a week after the Louisiana company raised nearly $11 million. ... Read full article
Deal values this year have been smaller than last year despite the hubbub over BB&T-SunTrust. Prosperity's agreement to buy LegacyTexas raises the possibility that the size of bank deals could start climbing. ... Read full article
The deal, among the four biggest bank acquisitions announced this year, would make Prosperity the second-largest bank based in Texas. ... Read full article
Diverse economies and a limited number of sellers are making markets like Tampa, Fla., a hot spot for growth-minded banks. ... Read full article
Someone reportedly was burning paper at the Texas bank on a recent Saturday night, and a state regulator cited "insider fraud and abuse" after Enloe was closed. ... Read full article
Regulators closed The Enloe State Bank in Texas late Friday, marking the first failure in 17 months and the first in the Lone Star State in over five years. ... Read full article
The new capital will allow the Austin bank to increase its lending limit. ... Read full article
Heightened regulatory scrutiny and a slowdown in commerce have raised concerns about the viability of doing business along the U.S. Mexico border. ... Read full article