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.
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.
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.