About This Deal

Prosperity Bancshares acquired East Texas Financial Services, Inc. (First Federal Bank Texas), a transaction announced in January 2013.

Acquired the parent of First Federal Bank Texas to increase market share in the East Texas (Tyler MSA) area.

Acquired the parent of First Federal Bank Texas to increase market share in the East Texas (Tyler MSA) area.

Deal Terms

Acquirer
Prosperity Bancshares
Target
East Texas Financial Services, Inc. (First Federal Bank Texas)
Value
Not disclosed
Date
January 2013
Type
Full acquisition
Status
Completed

Transaction Details

Announced
January 1, 2013

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗

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