TexasBank, with $2.5B in assets, to acquire Haskell National Bank
What's the deal? Texas Banc Financial Corp., the Fort Worth-based parent of TexasBank, has agreed to acquire Haskell Bancshares, the holding company of Haskell National BankDealroom has a profile for this one. Try Dealroom →. Once complete, Haskell National Bank will merge into TexasBank. The price was not disclosed.
The players: TexasBank, established in 1966, holds roughly $2.5 billion in assets and operates across North and West Texas, including Dallas, Fort Worth, and El Paso. Haskell National Bank, founded in 1890, reports more than $73 million in assets and runs offices in Haskell and Abilene.
What's the endgame? The deal gives TexasBank a foothold in Haskell and nearby West Texas communities, while handing the smaller bank access to a larger institution's resources. The combined organization plans to expand treasury management and digital banking for customers.
Why now? The agreement, announced October 16, lands amid a run of Texas community-bank consolidation. October also brought a proposed acquisition of the $1.35 billion-asset SouthStar BankDealroom has a profile for this one. Try Dealroom → by Nebraska-based Pinnacle Bancorp.
The transaction remains subject to regulatory and shareholder approvals. It is expected to close by the end of 2026 or in early 2027.
"Haskell National Bank has built an exceptional legacy in West Texas, and we are honored to build on that foundation," said Greg Dodds, president and CEO of TexasBank. Robert Howard, CEO of Haskell National Bank, called the combination "a partnership rooted in shared values and a common vision for the future."
Alston & Bird advised Texas Banc Financial Corp.; Hunton Andrews Kurth advised Haskell Bancshares.
The signal: Given the size gap — $2.5 billion in assets against $72.6 million — this looks less like a market-changing transaction than a scale-and-reach move. It fits a broader wave of small Texas banks folding into larger players to access resources they cannot build alone.
Read more: bankersdigest.com
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