Sterling Bancshares, Houston, plans to buy $78 million-asset Clear Lake National Bank in a stock-for-stock transaction. The terms of the deal were not disclosed.

Sterling, a $1.2 billion-asset bank holding company, plans to acquire Houston-based Clear Lake by the end of the second quarter.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.