RECENT DISCUSSIONS

Jason Trimble Honored as TB&T’s 2013 Community Spirit Award Recipient
Author: TB&T

Texas Bank and Trust Monitors for HEARTBLEED Security Bug
Author: TB&T

BUSINESS AS USUAL!
Author: TB&T

Unleashed: T3 Launches Exclusive World Tour
Author: TB&T

Texas Bank and Trust Names New President/COO, Promotes Executive Officers
Author: TB&T

Network breach at Target Stores Affects VISA CardHolders
Author: TB&T

ALERT: Canada Added to Signature Block on Debit Card Transactions
Author: TB&T

Texas Bank and Trust Announces Jerry Martin Achieves Membership in Raymond James Financial Services 2014 Executive Council
Author: TB&T

Texas Bank and Trust Repeats Gold in State Best of Community Banking Competition
Author: TB&T

Fraudulent TEXT Messages to TBT Customers
Author: TB&T

Increased Debit Card Fraud Prompts Additional Security Blocks
Author: TB&T

Junior Achievement helps Pine Tree students build paper city
Author: TB&T

Bonnie S. McCary honored as 50-Year Banker
Author: TB&T

TB&T Recognizes “Employee of the Year” at Annual Bank Dinner
Author: TB&T

Jerry Woolverton Honored with TB&T Community Spirit Award
Author: TB&T

Prudent and Responsible Texas Bank and Trust
Author: TB&T

Texas Bank and Trust to Acquire
Two East Texas Area Banks

Author: TB&T

Texas Bank and Trust Names
New Vice Chairman and President

Author: TB&T

Texas Bank and Trust Welcomes the New Year with Branch Expansions into Canton and Forney Markets
Author: TB&T

Texas Bank and Trust named one of the Top 100 Places to Work in Texas in 2013
Author: TB&T

 

News

TB&T

TB&T

Posted:
February 19, 2013

Texas Bank and Trust to Acquire
Two East Texas Area Banks

Mergers to Expand Bank Network to 18 Branches in 4Q

 
Texas Bank and Trust has agreed in principle to acquire Lindale State Bank of Lindale and First State Bank of Overton. Pending regulatory approval, the mergers are expected to be consummated in the fourth quarter of 2013.
 
Rogers Pope, chairman and chief executive officer of Texas Bank and Trust, indicated that the three banks have been closely associated for several years and that their consolidation should result in increased synergies and efficiencies. The banks in Lindale and Overton and their branches in Hideaway and New London, respectively, will bring Texas Bank and Trust's branch network to 18 and its total assets to approximately $1.8 billion.
 
Gary Taylor is vice chairman and chief executive officer of Lindale State Bank and Carroll Anderson is president. Todd Meadows, a former officer at Texas Bank and Trust, is president and chief executive officer of the First State Bank of Overton. Anderson stated that the merger with Texas Bank and Trust will provide a larger array of products and services (including trust and brokerage) to Lindale, Overton and the surrounding areas.
 
All three banks have received the highest five-star rating by Bauer Financial, one of the nation's premier bank rating agencies. In addition, Bankrate.com has named Texas Bank and Trust as one of the 33 top performing banks in the country and one of the five top performing banks in Texas among banks with assets between $1 billion to $3 billion.
 
 
 
 
 
 

About TBT

Who We Are Join Our Team People Who Make a Difference TBT Spirit of Giving Contact Us Customer Feedback Site-Map

Helpful Links

Send a Secure Email AnnualCreditReport.com ABA Consumer Connection FDIC.gov FDIC Consumer News Change of Address Form FAQs

Consumer Protection

Fraud Protection Center FDIC Update Privacy / Security Disclosures Protect Yourself Online Protect Your Business Online
Member of FDICAn Equal Housing Lender
 
Powered by Encore Multimedia.
ABOUT SSL CERTIFICATES