Share

Texas-based Panola National Bank Acquisition Closes; Stinson Serves as Legal Counsel

Press Release
05.18.2021

On May 14, 2021, Panola National Bancshares, Inc. and its wholly-owned subsidiary, Panola National Bank based in Carthage, Texas, closed on its sale to VeraBank, Inc., and its wholly-owned subsidiary, VeraBank, National Association, based in Henderson, Texas. The agreement was announced in December 2020.

Panola National Bank reported assets of $125.3 million to S&P Global Market Intelligence as of September 30, 2020, while VeraBank reported $2.89 billion in assets as of the same date.

Dallas Partner Robert Flowers served as legal counsel to Panola on this transaction

Attorney

Media Contact

Amanda Bowling
Director of Marketing Communications
816.691.3478

amanda.bowling@stinson.com

Subscribe to Stinson's
News & Insights
Jump to Page

We use cookies on our website to improve functionality and performance, analyze website traffic and enable social media features. For more information, please see our Cookie Policy.