Dallas commercial lender Vista Bank to acquire competitor

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Dallas commercial lender Vista Bank to acquire competitor
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111-year-old Vista Bank, which has $1.6 billion in assets, picks up an additional $258 million in assets in deal.

The 111-year-old Vista Bank started in Ralls with $11,000 and now has $1.6 billion in assets and a new headquarters building in Dallas.Dallas-based top commercial lender Vista Bancshares is growing its footprint with a deal to acquire a competitor with banks in Justin and Dallas.the company said in an announcement Monday. The merger is expected to close between April and June., and Westwood Private Bank at the Crescent in Dallas.

“We want to be the bank that boards around the state look to in order to create value for their shareholders,” he said.Vista Bank, which has 14 banking center locations throughout Dallas, Austin, Fort Worth and West Texas and about 160 employees, prides itself on focusing its business on serving entrepreneurs of small and middle-market companies.

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