Prosperity Bancshares Inc.? (NYSE: PB) said Tuesday it closed its purchase of Texas Bankers Inc. and its subsidiary, Bank of Texas, both based in Austin.
The acquisitions will help Prosperity with its goal of growing in Central Texas, the bank said in a statement.
Texas Bankers? most recent quarterly results showed deposits of $63 million, loans of $30 million and total assets of $70 million.
Prosperity revealed its plans to acquire the bank in September, when it said 315,000 shares would be issued for all outstanding shares of Texas Bankers. Prosperity has 176 bank offices statewide, including 60 in the Houston area.
Prosperity Bancshares Inc.? (NYSE: PB) said Tuesday it closed its purchase of Texas Bankers Inc. and its subsidiary, Bank of Texas, both based in Austin.
The acquisitions will help Prosperity with its goal of growing in Central Texas, the bank said in a statement.
Texas Bankers? most recent quarterly results showed deposits of $63 million, loans of $30 million and total assets of $70 million.
Prosperity revealed its plans to acquire the bank in September, when it said 315,000 shares would be issued for all outstanding shares of Texas Bankers. Prosperity has 176 bank offices statewide, including 60 in the Houston area.
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