Deal Details
Merger with Farmers & Merchants Bancshares, Inc.
Summary
Baird served as buy-side advisor on this transaction.
About
Allegiance Bancshares, Inc. (“Allegiance”) recently completed the merger of Farmers & Merchants Bancshares, Inc. (“F&M”) with and into Allegiance, and the merger of F&M’s wholly owned subsidiary, Enterprise Bank, with and into Allegiance Bank Texas, the wholly owned subsidiary of Allegiance.Allegiance is a financial holding company formed in 2007. Prior to this merger, Allegiance operated 11 full service banking offices in Houston, Bellaire, Clear Lake and Katy, Texas. Operating under a community banking philosophy and seeking to develop long term customer relationships based on providing exceptional service, Allegiance offers a variety of traditional loan and deposit products to its customers, which consist primarily of small and medium sized businesses and customers. Allegiance is based in Houston, Texas.
Enterprise Bank operated 9 banking offices primarily in the Houston Metropolitan Area including an office in Mart, Texas and Rosebud, Texas. Enterprise Bank is headquartered in Houston, Texas.
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- Date
- January 2015
- Company
- Allegiance Bancshares, Inc.
- Transaction
- M&A
- Sectors
- Technology & Services
- Target Geography
- North America
- Acquiror Geography
- North America
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