Green Bank in Houston said Tuesday that it has completed the purchase of certain assets in Texas of the failed La Jolla Bank.
La Jolla, of California, failed in February and was acquired by OneWest Bank in Pasadena, Calif. OneWest then agreed to sell La Jolla's Dallas branch and certain deposits and assets to Green Bank in July. Green Bank's parent company, Green Bancorp Inc., raised $100 million in capital in June to fuel an expansion plan.