M&A Deal Summary

Investar Brilliant Bank Acquires First National Bank

On July 1, 2025, Investar Brilliant Bank acquired financial services company First National Bank

Acquisition Highlights
  • This is Investar Brilliant Bank’s 4th transaction in the Financial Services sector.
  • This is Investar Brilliant Bank’s 4th transaction in the United States.
  • This is Investar Brilliant Bank’s 1st transaction in Texas.

M&A Deal Summary

Date 2025-07-01
Target First National Bank
Sector Financial Services
Buyer(s) Investar Brilliant Bank
Deal Type Merger
Advisor(s) Olsen Palmer (Financial)
Bradley Arant Boult Cummings (Legal)

Target

First National Bank

Wichita Falls, Texas, United States
Wichita Falls Bancshares is a bank holding company of First National Bank, a provider of financial services. Wichita Falls Bancshares was founded in 1985 and is based in Wichita Falls, Texas.

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Buyer(S) 1

Buyer

Investar Brilliant Bank

Baton Rouge, Louisiana, United States

Category Company
Founded 2006
Sector Financial Services
Employees329
Revenue 82M USD (2024)
DESCRIPTION

Investar Brilliant Bank is a provider of full banking services, excluding trust services, through its wholly-owned banking subsidiary, Investar Bank, a state chartered bank. Investar Brilliant Bank was founded in 2006 and is based in Baton Rouge, Louisiana.


DEAL STATS #
Overall 4 of 4
Sector: Financial Services M&A 4 of 4
Type: Merger M&A Deals 1 of 1
State: Texas M&A 1 of 1
Country: United States M&A 4 of 4
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-25 Cheaha Financial Group

Oxford, Alabama, United States

Cheaha Financial Group is a holding company for Cheaha Bank that provides all banking needs, whether large or small. The company has the modern technology of internet banking, 24-hour telephone banking, and ATM/Debit card access, it is committed to providing personal and friendly customer service within the local bank office. The bank offers several options for checking, savings, and money market accounts, as well as Individual Retirement Accounts and Certificates of Deposit.

Buy $41M