Texas Banc Financial in Fort Worth has agreed to buy Haskell Bancshares in Haskell, Texas.
The $2.5 billion-asset parent of TexasBank said in a press release that it expects to buy the holding company of the $72.6 million-asset Haskell National Bank by early next year. The price wasn’t disclosed.
“This combination represents the best of community banking—strong local relationships, shared values, and a long-term commitment to the people and businesses we serve,” Greg Dodds, TexasBank’s president and CEO, said in the release. “Haskell National Bank has built an exceptional legacy in West Texas. … Together, we will continue investing in these communities while expanding the resources and capabilities available to our customers.”
Alston & Bird advised Texas Banc Financial. Hunton Andrews Kurth advised Haskell Bancshares.