Reported Earlier, Business First Bancshares Merger With Oakwood Bancshares Approved, B1BANK To Gain Five New Branches Across Texas
Reported Earlier, Business First Bancshares Merger With Oakwood Bancshares Approved, B1BANK To Gain Five New Branches Across Texas
Upon completion, it is expected that b1BANK's assets will increase to approximately $7.6 billion, with over $5.9 billion in consolidated total loans. This will also add four full-service banking centers to b1BANK's footprint in the Dallas-Fort Worth metropolitan area, as well as one branch in each of Snyder and Oakwood, Texas. Roy J. Salley, chairman and chief executive officer of Oakwood Bank, will join b1BANK as regional chairman, Dallas, and William G. Hall, chairman of Oakwood Bancshares, Inc., will be appointed to the boards of directors of Business First and b1BANK.
預計完成後，b1BANK的資產將增加到約76億美元，合併總貸款將超過59億美元。這也將在達拉斯-沃思堡都會區爲b1BANK增加四個全服務銀行中心，並在得克薩斯州的斯奈德和奧克伍德各設立一家分行。Oakwood Bank的董事長兼首席執行官Roy J. Salley將加入b1BANK擔任區域主席，達拉斯，而Oakwood Bancshares，Inc.的董事長William G. Hall將被任命爲Business First和b1BANK的董事會成員。
The merger is expected to be completed on October 1, 2024, and remains subject to the satisfaction of customary closing conditions.
預計該合併將於2024年10月1日完成，並仍然需要滿足通常的交割條件。
譯文內容由第三人軟體翻譯。