M&A Deal Summary |
|
|---|---|
| Date | 2012-04-01 |
| Target | The Bank Arlington |
| Sector | Financial Services |
| Buyer(s) | Prosperity Bank |
| Deal Type | Add-on Acquisition |
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| Category | Company |
|---|---|
| Founded | 1983 |
| Sector | Financial Services |
| Employees | 3,901 |
| Revenue | 1.1B USD (2023) |
Prosperity Bank provides a line of financial products and services to small and medium-sized businesses, and consumers. Prosperity Bank was founded in 1983 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 4 of 14 |
| Sector (Financial Services) | 4 of 14 |
| Type (Add-on Acquisition) | 4 of 14 |
| State (Texas) | 4 of 12 |
| Country (United States) | 4 of 14 |
| Year (2012) | 2 of 4 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-01-01 |
Texas Bankers
Austin, Texas, United States Texas Bankers, Inc. operates three banking offices in the Austin, Texas CMSA including a location in Rollingwood, which will be consolidated with Prosperity’s Westlake location and remain in Bank of Texas’ Rollingwood banking office; one in downtown Austin which will be consolidated into Prosperity’s downtown Austin location and another in Thorndale. Bank of Texas reported total assets of $72.5 million, loans of $29.7 million and deposits of $64.2 million. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2012-06-27 |
Community National Bank
Bellaire,, Texas, United States Community National Bank operates offers personal and commercial banking services. , Community National Bank reported total assets of $182.9 million, total loans of $67.3 million and total deposits of $162.7 million. |
Buy | - |
