One America Bancorp, a newly formed bank holding company, has acquired Hopeton State Bank in Hopeton, Okla.
One America, an effort led by Dallas businessman Bruce Ware, did not disclose how much it paid for the $26 million-asset bank. The new BHC will focus on serving rural communities in Oklahoma while creating a commercial banking presence in Dallas.
Ware will serve as chairman and CEO, while Trent Goss, Hopeton State’s president, will remain in that role.
“This is a two-pronged strategy,” Ware said in a press release. “We see tremendous opportunity both in rural Oklahoma — where strong banks still play a vital role in economic life — and in the vibrant commercial corridors of North Texas, which remains one of the fastest growing MSAs in the country.”
One America was advised by Otteson Shapiro and Eide Bailly.