News Topic: texas

The Dallas bank reported sizable growth in business and mortgage lending in the second quarter, but it more than doubled its provision for loan losses to cover four credits that went into nonaccrual status. ... Read full article

The Orlando, Fla., bank has bought Allied Affiliated Funding in Dallas in an effort to branch out beyond traditional commercial and consumer lending. ... Read full article

Woodforest National in Texas has relied heavily on hundreds of in-store branches and overdraft fees to boost revenue. That is starting to change. ... Read full article

Under a consent order with Texas and seven other states, the Atlanta-based credit reporting firm agreed to shore up its information security efforts, but it will not have to pay any financial penalties. ... Read full article

The Dallas company expects to report a higher loan-loss provision after the loans, which include two shared-national credits, deteriorated in the second quarter. ... Read full article

Cadence first discussed a deal with the Atlanta target four years ago. But negotiations picked up steam once it was clear State Bank had other suitors. ... Read full article

The subprime lender could lose a big partner now that Fiat Chrysler has officially announced it will form its own auto finance unit, and the two are negotiating an end to their 6-year-old relationship. ... Read full article

Independent Bank had no intention of expanding outside Texas until it gained a few stray branches in a neighboring state. ... Read full article

MapleMark Bank, which was known as First National Bank of Edgewood when it was bought by an investment group last year, will use the funds to support commercial lending and private banking. ... Read full article

Independent's branch network in Denver will nearly triple after it completes the $1 billion acquisition. ... Read full article

The Asian-American bank agreed to buy SWNB Bancorp for $77 million. ... Read full article

State Bank popped up on the Houston company’s radar eight years ago, but management waited until now to strike. ... Read full article

The Houston company had been an interested, but selective, acquirer before announcing this year's biggest bank deal. ... Read full article

With hurricane season just weeks away, bankers from coastal markets share the hard lessons learned after the storms that belted Florida, the Gulf Coast and elsewhere last year. Their advice can be applied in all kinds of emergencies. ... Read full article

Spirit of Texas Bancshares plans to raise $40 million to fund organic growth and acquisitions. ... Read full article

Dan Rollins engineered nearly a dozen deals while at Prosperity Bank. Now CEO at BancorpSouth, he has returned to M&A after spending four frustrating years dealing with compliance issues. ... Read full article

BancorpSouth, which had two prior deals delayed over BSA and CRA issues, has agreed to buy a bank in the Houston area. ... Read full article

However, mortgage growth and servicing income weren't the only reasons profits rose by double digits at the Dallas bank. ... Read full article