A Rosenburg, Tex., thrift company said a Fort Worth insurance firm that in March announced a plan to buy it has "allowed the expression of interest to expire."

Millers Mutual Fire Insurance Co. said in March that it hoped to buy $300 million-asset Fort Bend Holding Corp. for about $50 million. In a March 11 letter to the Securities and Exchange Commission, Millers said it planned to complete the purchase by May 31.

But Fort Bend officials said last week that Millers failed to pursue the plan. "No firm offer was ever made, and no due diligence was performed," said Lane Ward, Fort Bend's president and chief executive officer. He added that Fort Bend is evaluating its options, which could include growing through acquisitions or merging with another financial services firm.

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