Third Coast Bancshares to Acquire Oklahoma City-Based Great Plains Bancshares for Approximately $239.6 Million in Stock

Third Coast Bancshares has agreed to acquire Oklahoma City-based Great Plains Bancshares for approximately $239.6 million in stock, in a deal that will create a banking group with around $9 billion in assets.

The acquisition will bring Great Plains National Bank into Third Coast’s network, adding 23 branches across Oklahoma and Texas.

The combined group will operate 43 branches, strengthening the Texas-based lender’s presence in the Dallas market while giving it an entry point into Oklahoma.

Read more at Banking Exchange