Two out-of-state regionals announced their intentions to acquire smaller banks in Texas this week, including a Norwest Corp. deal that would take it into one of the state's major metropolitan areas for the first time.

Minneapolis-based Norwest said Tuesday it had agreed to buy Central Bancorp., a $1.1 billion-asset bank in Fort Worth, for an undisclosed sum.

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.