Independent Bank Group (IBTX) in McKinney, Texas, is reportedly in talks to buy Houston Community Bank.
Several unnamed sources told the Houston Business Journal that the $3.2 billion-asset Independent could announce the deal could be announced in coming days. Houston Community has $323 million in assets and six branches.
Independent has a keen interest in Houston. Last year, it agreed to buy BOH Holdings, the parent of Bank of Houston, for $170 million in cash and stock.