First Liberty National Bancshares in Liberty, Texas, has agreed to buy Coastal Bancshares in Pearland, Texas.
The parent of the $501 million-asset First Liberty Bank will exchange an undisclosed amount of stock for Coastal, Performance Trust Capital Partners announced on LinkedIn. Performance Trust advised Coastal Bancshares.
Coastal is the holding company of the $192 million-asset Pearland State Bank and the $154 million-asset First National Bank of Alvin