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Financial Advisor

Vista Bancshares, Inc.

Value Not Disclosed 01/30/2017 Depository Complete
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Transaction Details

  • Announcement Date: January 30, 2017
  • Form of Consideration: Stock & Cash Mix
  • Expected Closing: Q2’2017
  • Other Transaction Terms Undisclosed

Vista Bank

  • Year Established: 1912
  • Total Assets: $395 million
  • Gross Loans: $297 million
  • Total Deposits: $342 million
  • Loan to Deposit Ratio: 87%

Hamlin National Bank

  • Year Established: 1907
  • Total Assets: $84 million
  • Gross Loans: $35 million
  • Total Deposits: $69 million
  • Loan to Deposit Ratio: 52%

About the company

Vista Bancshares, Inc. is a Texas-based bank holding company, which through its wholly-owned subsidiary, Vista Bank, operates 11 full-service locations in Lubbock and the surrounding area, and loan and deposit production offices in Dallas and Fort Worth. As of December 31, 2016, Vista Bank had assets of $395 million. Formed in 1912 and operating as a true community bank, Vista Bank seeks to serve families and businesses by offering the best in banking technologies, products, and services. Vista Bank offers a variety of traditional loan and deposit products to its customers, which consist primarily of small and medium sized businesses and consumers. The company’s website is www.vistabank.com.

Source: Company press release and SNL Financial.
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