Sheshunoff & Co Investment Banking announces the completed merger of First National Bank ($141 million) based in Kemp, Texas and First State Bank ($226 million) of Rice, Texas to create Harmony Bank. Harmony Bank will enter Ellis County, Texas with three branches and Navarro County, Texas with one branch. Sheshunoff served as the exclusive financial advisor for First National Bank (now Harmony Bank) in the transaction. For more information on the transaction, click here.
Contact us to take advantage of opportunities to enhance shareholder value through strategic transactions, raising capital, issuing debt and estate planning or gifting of shares. Using a mid-year bank stock appraisal may help minimize the tax burden on a transition of shares – let us know if we can provide an appraisal report for your bank stock. For additional information on these transactions, please contact John Adams at 512-703-1561 or jadams@smslp.com.
For a list of all Sheshunoff M&A transactions, click here.