ADDED
As of February 23, 2026, the number of outstanding shares of common stock was 101,581,522 .
Business 1 General 1 Recent Acquisition 1 Subsequent Events 2 Available Information 2 Human Capital 2 Banking Activities 3 Business Strategies 4 Competition 5 Supervision and Regulation 5 Item 1A.
Management s Discussion and Analysis of Financial Condition and Results of Operations 34 Overview 36 Recent Acquisition 36 Subsequent Events 37 Critical Accounting Estimates 37 Results of Operations 39 Financial Condition 45 Item 7A.
As of December 31, 2025, the Bank operated 283 full-service banking locations: 62 in the Houston area, including The Woodlands; 33 in the South Texas area including Corpus Christi and Victoria; 61 in the Dallas/Fort Worth area; 22 in the East Texas area; 31 in the Central Texas area including Austin and San Antonio; 45 in the West Texas area including Lubbock, Midland-Odessa, Abilene, Amarillo and Wichita Falls; 15 in the Bryan/College Station area; 6 in the Central Oklahoma area; and 8 in the Tulsa, Oklahoma area.
In addition to internal growth, the Company has completed the following acquisitions since 2016 (through December 31, 2025): Acquired Entity Acquired Bank Completion Date Number of Banking Centers Acquired (1) Tradition Bancshares, Inc.
Recent Acquisition Acquisition of Lone Star State Bancshares, Inc.
This resulted in goodwill of $106.7 million as of December 31, 2025, which reflected all final subsequent fair value adjustments.
Additionally, the Company recognized $17.7 million of core deposit intangibles related to the Lone Star Merger.
1 S ubsequent Events Acquisition of American Bank Holding Corporation On January 1, 2026, the Company completed the merger of American Bank Holding Corporation ( American ) into the Company and the subsequent merger of its wholly owned subsidiary American Bank, N.A.
( American Bank ), into the Bank (collectively, the American Merger ).
REMOVED
As of February 24, 2025, the number of outstanding shares of common stock was 95,262,717 .
Business 1 General 1 Recent Acquisitions 1 Available Information 2 Human Capital 2 Banking Activities 3 Business Strategies 4 Competition 5 Supervision and Regulation 5 Item 1A.
Management s Discussion and Analysis of Financial Condition and Results of Operations 33 Overview 34 Recent Acquisitions 35 Critical Accounting Estimates 36 Results of Operations 37 Financial Condition 44 Item 7A.
As of December 31, 2024, the Bank operated 283 full service banking locations: 65 in the Houston area, including The Woodlands; 30 in the South Texas area including Corpus Christi and Victoria; 62 in the Dallas/Fort Worth area; 22 in the East Texas area; 31 in the Central Texas area including Austin and San Antonio; 44 in the West Texas area including Lubbock, Midland-Odessa, Abilene, Amarillo and Wichita Falls; 15 in the Bryan/College Station area, 6 in the Central Oklahoma area; and 8 in the Tulsa, Oklahoma area.
In addition to internal growth, the Company has completed the following acquisitions since 2014 (through December 31, 2024): Acquired Entity Acquired Bank Completion Date Number of Banking Centers Acquired (1) F M Bancorporation Inc.
The F M Bank Trust Company 2014 11 Tradition Bancshares, Inc.
Recent Acquisitions Merger of Lone Star State Bancshares, Inc.
As of March 31, 2024, Lone Star, on a consolidated basis, reported total assets of $1.38 billion, total loans of $1.07 billion and total deposits of $1.24 billion.
This resulted in goodwill of $106.7 million as of December 31, 2024, which does not include all the subsequent fair value adjustments that have not yet been finalized.
Additionally, the Company recognized $17.7 million of core deposit intangibles as of December 31, 2024.