Pilgrim Bancorp. in Mount Pleasant, Texas, has agreed to buy North Central Texas Bancshares in Wichita Falls, Texas.
The $386 million-asset Pilgrim
"We are pleased to join with Pilgrim Bank," Bert Williamson, North Central's chairman, told the publication. "Our customers can look forward to an expanded presence in East Texas and the Panhandle and the additional products and services that Pilgrim Bank offers."
"We expect that their expertise and knowledge of their respective markets will enhance our franchise," Ken Pilgrim, Pilgrim's chairman, added.