# Texas State Bank

> Mediated Wiki article. Canonical URL: https://mediated.wiki/source/Texas_State_Bank
> Markdown URL: https://mediated.wiki/source/Texas_State_Bank.md
> Source: https://en.wikipedia.org/wiki/Texas_State_Bank
> Source revision: 1338281498
> License: Creative Commons Attribution-ShareAlike 4.0 International (https://creativecommons.org/licenses/by-sa/4.0/)

{{Short description|American bank, 1926–2019}}
{{Multiple issues|
{{Notability|1=Companies|date=October 2024}}
{{Cleanup press release|1=article|date=October 2024}}
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{{Infobox company
| name = Texas State Bank
| logo = Texas State Bank.png
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| native_name = 
| native_name_lang = <!-- Use ISO 639-1 code, e.g. "fr" for French. For multiple names in different languages, use {{lang|[code]|[name]}}. -->
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| founded = {{start date and age|1926|08|17}} <!-- in [city](/source/city), [state](/source/state), [country](/source/country) -->
| founder = <!-- or: | founders = -->
| defunct = {{start date and age|2019}}
| fate = Merged with American State Bank
| successor = [American State Bank](/source/American_State_Bank)
| hq_location = 
| hq_location_city = [Joaquin, Texas](/source/Joaquin%2C_Texas)
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| ratio = <!-- for BANKS ONLY -->
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| website = {{URL|www.texasstatebank.net}}
}}
'''Texas State Bank''', based in [Joaquin](/source/Joaquin%2C_Texas), was a [commercial bank](/source/commercial_bank) founded on August 17, 1926.  Ownership remained with individual shareholders until 1983, when Joaquin Bancshares, Inc., purchased controlling interest. Texas State Bank remained an independently owned bank with Joaquin Bancshares, Inc. being the sole stockholder until it merged with American State Bank in 2019.

== History ==
Texas State Bank opened its first branch in 1991. The bank operated in [Shelby](/source/Shelby_County%2C_Texas), [Angelina](/source/Angelina_County%2C_Texas), and [Tyler](/source/Tyler_County%2C_Texas) Counties.

The bank was purchased by [Banco Bilbao Vizcaya Argentaria](/source/Banco_Bilbao_Vizcaya_Argentaria) along with State National Bank for $2.6 billion USD in 2006.<ref>{{Cite web |last=Basar |first=Shanny |date=2006-06-13 |title=BBVA buys two US banks for $2.6bn |url=https://www.fnlondon.com/articles/bbva-buys-two-us-banks-for-1-20060613 |access-date=2024-10-28 |website=Financial News London}}</ref>

In 2019, the bank merged with [American State Bank](/source/American_State_Bank), with American State Bank being the successor of the merger.<ref>{{Cite web |date=2018-07-31 |title=Steele Holdings, Inc. to acquire, merge with Joaquin Bankshares, Inc. |url=https://www.kltv.com/story/38778342/steele-holdings-inc-to-acquire-merge-with-joaquin-bankshares-inc/ |access-date=2024-10-28 |website=KLTV |language=en}}</ref>

== References ==
Category:Banks based in Texas
Category:Banks established in 1926
{{Reflist}}{{US-bank-stub}}

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Adapted from the Wikipedia article [Texas State Bank](https://en.wikipedia.org/wiki/Texas_State_Bank) by Wikipedia contributors ([contributor history](https://en.wikipedia.org/wiki/Texas_State_Bank?action=history)). Available under [Creative Commons Attribution-ShareAlike 4.0 International](https://creativecommons.org/licenses/by-sa/4.0/). Changes may have been made.