The Bank Slate

INSIGHTS INTO THE BANKING INDUSTRY

Liberty Capital to buy Southwestern Bancorp in Texas

Liberty Capital Bancshares in Addison, Texas, has agreed to buy Southwestern Bancorp in Boerne, Texas.

The transaction between the parent company of the $415 million-asset Liberty Capital Bank and the holding company for the $225 million-asset Texas Heritage Bank was announced by Performance Trust Capital Partners.

Performance Trust advised Liberty Capital. The financial terms were not disclosed.

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