Independent Bank, parent of Rockland Trust Company, and Meridian Bancorp, parent of East Boston Savings Bank, have received all regulatory approvals relating to Independent’s proposed acquisition of Meridian.
PHX Minerals closed a new four-year $100 million senior secured credit facility with an initial borrowing base of $27.5 million. The new credit facility was led by Independent Bank and includes MidFirst Bank.
Independent Bank Group, the holding company for Independent Bank, completed its acquisition of Guaranty Bancorp and its wholly owned subsidiary, Guaranty Bank and Trust.
Independent Bank, parent of Rockland Trust Company, closed its acquisition of MNB Bancorp, parent of The Milford National Bank and Trust Company.
Independent Bank Group named Barry Kromann executive vice president, Fort Worth Area president and Marshall Boyd VP senior mortgage officer.
Michigan-based Independent Bank and TCSB Bancorp received regulatory approval for their merger from the Federal Reserve Bank of Chicago and the Michigan Department of Insurance and Financial Services.
Independent Bank signed a definitive merger agreement to acquire TCSB Bancorp, the parent company of Traverse City State Bank. Both boards of directors unanimously approved the agreement.
TBK Bank, a subsidiary of Triumph Bancorp, completed its acquisition of nine branch locations in Colorado from Independent Bank.
Rockland Trust named its former executive vice president of Commercial Lending Gerard Nadeau as president.
Independent Bank Group added James C. White as executive vice president and promoted Clay H. Hoster to serve as chairman, Houston Region.