FirstCapital Bank of Texas Completes Independent Bank Branch Buy

FirstCapital Bank of Texas Completes Independent Bank Branch Buy

  • Posted: 09/11/2017
  • Castle Creek

By Joshua Recamara

Midland, Texas-based FirstCapital Bank of Texas NA on Sept. 1 completed its acquisition of McKinney, Texas-based Independent Bank’s Marble Falls, Texas, branch, Amarillo (Texas)-Globe News reported Sept. 9.

The branch, which is located at 507 Ranch Road 2147 in Marble Falls, remains open and has retained all current employees.

As of June 30, FirstCapital Bank, a unit of First Bancshares of Texas Inc., had $1.05 billion in assets, while Independent Bank, a unit of Independent Bank Group Inc., had $8.59 billion in assets, according to SNL data.

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