Citizens is a multi-bank holding company serving the Houstonarea since 1920. Citizens' subsidiary banks have a total of sevenoffices.
As of Sept. 30, Citizens had total assets of $425 million, loansof $131 million, deposits of $374 million and shareholders' equityof $43 million. The combination of Southwest and Citizens will forma financial institution with approximately $3.69 billion in assetsand 33 branches. The merger is subject to the approval of Citizens'shareholders and banking regulators.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
