Liberty Capital to acquire Southwestern Bancorp in Texas

Liberty Capital Bancshares in Addison, Texas, has agreed to buy Southwestern Bancorp in Boerne, Texas. The transaction between the parent company of the $415 million-asset Liberty Capital Bank and the holding company for the $225 million-asset Texas Heritage Bank was announced by Performance Trust Capital Partners.

M&A News is reported by Paul Davis and reprinted with permission as an adaptation of the material from TheBankSlate.com.