Community Bank Holdings of Texas to Buy StarBanc Holding

Community Bank Holdings of Texas in Corsicana has agreed to buy StarBanc Holding in Fort Worth.

The companies did not disclose the price of the deal, which is expected to close in the first quarter.

The $526 million-asset Community Bank Holdings has 11 branches in northeast Texas. The deal would be Community Bank Holdings' first since July 2013, when it bought First State Bank of Mineral Wells.

The $140 million-asset StarBanc Holding has three branches.

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