American National Bank of Texas, a $1.5 billion-asset Terrell subsidiary of A.N.B. Holding Co. Ltd., has a deal to acquire DNB Bancshares Inc. in Dallas.
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The deal, announced last week, would bring American National into the heart of uptown Dallas, where DNB's $85 million-asset Dallas National Bank has its only branch.
Lynn Prude, American National's regional president, said in a press release that the branch would become her bank's base for Dallas County operations.
The deal is expected to close this year. The price was not disclosed.
American National also has a deal, set to close next month, to buy the $140 million-asset Citizens National Bank in Fort Worth.
