Home » Tag Archives: First State Bank Central Texas

Tag Archives: First State Bank Central Texas

BancorpSouth buying Texas bank in stock/cash deal

TUPELO — BancorpSouth will acquire Central Community Corp., the parent of Austin-based First State Bank Central Texas, pushing the bank much deeper into the competitive Texas banking market. BancorpSouth said yesterday that it is offering Central Community stockholders shares of its own stock worth $182.3 million, plus $28.5 million in cash. If Central Community shareholders and regulators approve, the deal ...

Read More »

BancorpSouth buying Texas community bank in $209.5 million deal

By Dennis Seid Daily Journal BancorpSouth is moving deeper into Texas, acquiring Central Community Corp., parent of First State Bank Central Texas. First State Bank has 31 branches and is the largest independent bank headquartered in Austin, Texas. The move will boost BancorpSouth’s market share from No. 65 in the state to No. 29. With the move, BancorpSouth is adding ...

Read More »