Prosperity Bancshares Inc. in Houston has struck its second deal in three months, announcing Friday that it is buying East Texas Financial Services Inc. in Tyler in an all-stock deal valued at $20.4 million.

East Texas Financial is the parent of the First Federal Bank Texas, which has $211 million of assets and four branches in and around Tyler. Prosperity said in a news release that it would exchange 510,000 shares of its stock for all the outstanding shares of East Texas Financial.

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