MidFirst Bank Receives Regulatory Approval to Acquire Houston Banking Locations of Amerant Bank
2024年8月1日 - 12:00AM
ビジネスワイヤ(英語)
MidFirst Bank ("MidFirst" or the “Company”), the largest
privately owned bank in the nation, today announced it has received
all required regulatory approvals to complete the previously
announced acquisition of the Houston, Texas banking locations of
Amerant Bank, the main subsidiary of Amerant Bancorp Inc. (NYSE:
AMTB). MidFirst expects the acquisition to close on November 8,
2024, subject to the satisfaction of customary closing
conditions.
Upon closing, MidFirst will add six Amerant Bank locations to
the Company’s footprint and will gain most of Amerant’s Houston
loan and deposit relationships. This transaction builds on
MidFirst’s recent growth in Texas and accelerates the Company’s
expansion strategy in the state. The additional Houston banking
locations will better position MidFirst to deliver the Company’s
award-winning customer service in the Houston market and invest in
the local community.
“We are pleased to have received regulatory approval of our
acquisition and are excited to enhance our presence and services in
the attractive and growing Houston market,” said MidFirst Bank
Chairman and CEO Jeff Records. “With a shared commitment to
customer service and community support, we look forward to
welcoming the Amerant Houston team and their clients to
MidFirst.”
Upon completion of the transaction, all Amerant Bank employees
in Houston are expected to join MidFirst, and Amerant Bank
locations will be operated as MidFirst Bank locations. MidFirst and
Amerant will provide additional information to customers regarding
next steps in the process over the coming months.
About MidFirst Bank
With $37.9 billion in assets, Oklahoma City-based MidFirst Bank
is the largest privately owned bank in the nation and provides
commercial banking, private banking, wealth management and mortgage
servicing nationally. MidFirst Bank has locations in Arizona,
California, Colorado, Nevada, Oklahoma, Texas and Utah. MidFirst
Bank serves California through 1st Century Bank, a division of
MidFirst Bank.
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Derek Caswell MidFirst Bank 405.767.7475
derek.caswell@midfirst.com