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Southwest Bank to acquire MaximBank in all cash merger
Southwest Bancorporation of Texas Inc and Maxim Financial Holdings Inc sign a definitive merger agreement valued at 63 million dollars. Upon closing MaximBank will become part of Southwest Bank of Texas NA. The combined company will have about 5.35 billion in assets across 41 banking centers with a 68 million loan limit. The merger requires shareholder and regulatory approvals and is expected to close in Q3 2003.
MENTIONED IN THIS ARTICLE
Houston
Southwest Bancorporation of Texas, Inc
SWBT
Maxim Financial Holdings, Inc
Southwest Bank of Texas N.A
MaximBank
Galveston County
Paul B. Murphy, Jr
Southwest Bank of Texas
Charles Hall, Jr
Southwest Bank
Murphy
Pinemont Bank
Fort Bend Federal Savings & Loan
Citizens Bankers, Inc
Firstcallevents
Southwest Bank of Texas N. A
Texas
Southwest
Dallas