Prosperity Bancshares Completes Merger with Southwest Bancshares (Texas Partners Bank)

Prosperity Bancshares Completes Merger with American Bank Holding Corporation

January 1, 2026

Financial Services

Prosperity Bancshares, Inc. (Prosperity) completed the merger with American Bank Holding Corporation and merged American Bank, N.A. into Prosperity Bank effective January 1, 2026. Under the deal Prosperity issued 4,439,981 shares to former American shareholders; American Bank’s management and board members will hold leadership roles at Prosperity as the combined franchise integrates operations through September 2026.

Texas Partners Bank Acquires Legacy Mutual Mortgage

January 4, 2022

Financial Services

Texas Partners Bank, through its holding company Southwest Bancshares, Inc., has acquired the partnership interests of Legacy Mutual Mortgage, a San Antonio-based mortgage lender. The deal brings a full-service mortgage platform into Texas Partners Bank’s footprint to broaden lending solutions and expand mortgage capabilities across central Texas and select out-of-state markets.

Simmons First National Corporation Acquires Spirit of Texas Bancshares, Inc.

April 8, 2022

Financial Services

Simmons First National Corporation completed the acquisition of Spirit of Texas Bancshares, Inc. (the parent of Spirit of Texas Bank SSB), merging the bank into Simmons Bank and converting customer accounts and systems under the Simmons Bank brand. The deal expands Simmons' Texas footprint, more than doubling its Texas lending and deposit footprint and increasing branches in the state.

FirstSun Capital Bancorp Acquires Pioneer Bancshares, Inc.

April 1, 2022

Financial Services

FirstSun Capital Bancorp completed its merger with Texas-based Pioneer Bancshares, Inc., effective April 1, 2022. Pioneer's subsidiary Pioneer Bank, SSB was merged into Sunflower Bank, expanding FirstSun/Sunflower's branch footprint in Texas and increasing the combined company’s assets to over $7.3 billion pro forma.

First Bancorp Acquires GrandSouth Bancorporation

January 1, 2023

Financial Services

First Bancorp (parent of First Bank) completed its acquisition of GrandSouth Bancorporation (the parent of GrandSouth Bank) effective January 1, 2023 in an all-stock merger (0.91 shares of First Bancorp per GrandSouth share). The deal expands First Bank's presence in South Carolina by adding GrandSouth's eight branches and is expected to accelerate First Bancorp's South Carolina growth, creating a combined company with approximately $12 billion in assets and 118 branches.

SouthState Corporation Acquires Independent Bank Group, Inc.

May 20, 2024

Financial Services

SouthState Corporation agreed to acquire McKinney, Texas–based Independent Bank Group, Inc. in an all-stock transaction valued at approximately $2.0 billion (0.60 shares of SouthState per share of Independent Bank Group). The deal, announced May 20, 2024, creates a roughly $65 billion regional bank with expanded presence in the Southeast, Texas and a new footprint in Colorado; the merger closed on January 1, 2025.