Texas

FORT WORTH, Texas -- John Tippets is coming out of retirement. Again.

Bank of the Ozarks (OZRK) on Wednesday finalized the cash acquisition of Bancshares in Houston, as well as its wholly-owned subsidiary Omnibank, for $21.5 million.

ODESSA, Texas — A thief made an unauthorized withdrawal Wednesday from an ATM located in the drive-through of Complex Community FCU.

Comerica Bank (CMA) in Dallas has rolled out a new online learning tool that is designed to help entrepreneurs better manage or grow their businesses.

More bankers want to use YouTube and other social media to get customers, but they often struggle with they should say or do in their campaigns. Here are three tips, including have fun and avoid repeating traditional ads.

AUSTIN, Texas -- Credit unions and other community financial institutions have an opportunity to gain additional market share from big banks this year, according to new study, but CUs will still have to overcome some familiar obstacles.

BBVA Compass (BBVA) of Birmingham, Ala., has opened two new banking centers in The Woodlands, Texas, a fast-growing suburb north of Houston.

Iberiabank Corp. (IBKC) in Lafayette, La., has agreed to buy First Private Holdings in Dallas.

BBVA Compass reported a 28% drop in profits in the fourth quarter from the same period in 2012, to $68.8 million, as revenue, interest income and noninterest income all declined.

Prosperity Bancshares (PB) in Houston is rearranging a number of its management posts.

Texas Capital Bancshares (TCBI) in Dallas is planning to raise up to $102.4 million via a public offering of common stock. Texas Capital plans to sell 1.7 million shares at $60.25 per share.

Texas Capital Bancshares (TCBI) is planning to sell 1.25 million shares of common stock in a public offering.

Comerica (CMA) in Dallas posted higher fourth-quarter earnings because of fewer chargeoffs and a smaller loan-loss provision.

The Office of the Comptroller of the Currency on Friday closed Texas Community Bank, a $160 million-asset institution located north of Houston.

MetroCorp (MCBI) in Houston hired a consultant to scout possible Chinese suitors before agreeing to sell to East West Bancorp (EWBC) in Los Angeles.

LegacyTexas Bank is majority-owned by the family of Carroll Shelby, who famously partnered with Ford Motor Co. to produce the Shelby Mustang muscle car. LegacyTexas has agreed to merge with another bank, but the family will remain involved.

A plan to sell a Dallas bank to an investor group through a bankruptcy auction could lead to big losses for groups that made investments at the height of the economic crisis.

ViewPoint Financial (VPFG) in Plano, Texas, has agreed to buy LegacyTexas Group in Plano.

The positive reaction to Independent Bank Group's $170 million agreement to buy BOH Holdings shows how precrisis M&A valuation methods are returning and that the industry is getting stronger.

In its third acquisition deal this year, Independent Bank Group (IBTX) in McKinney, Texas, has agreed to buy BOH Holdings in Houston.