HOUSTON - Sterling Bancshares Inc. announced plans Tuesday to buy Camino Real Bancshares of Texas Inc. in San Antonio for $52 million of cash.

George Martinez, chairman of $2 billion-asset Sterling, said Camino Real's branches would be merged into Sterling about 90 days after the deal closes. Sterling, which has 26 branches in the Houston area, plans to open its first branch in Dallas later this year.

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