Allegiance bancshares, inc. and cbtx, inc. to combine to create a premier texas banking franchise

Houston, nov. 08, 2021 (globe newswire) -- allegiance bancshares, inc. (nasdaq: abtx) (allegiance), the holding company of allegiance bank, and cbtx, inc. (nasdaq: cbtx) (cbtx), the parent company of communitybank of texas, n.a., jointly announced today that they have entered into a definitive agreement pursuant to which the companies will combine in an all-stock merger of equals to create a combined company with an equity market capitalization of approximately $1.5 billion and the 17th largest deposit market share in the state of texas.
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