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First Community Bank to Acquire Port Lavaca Bank

Announced
Financial ServicesTexasAdd-on

Deal Overview

First Community Bank, through its holding company Coastal Bend Bancshares, has entered into a definitive agreement to acquire First National Bank in Port Lavaca, contingent on shareholder approval. The deal is expected to become official in Q2 2026.

First National Bank operates four locations serving Port Lavaca, Seadrift, Port O’Connor, and Victoria. The banks will operate independently until the anticipated final acquisition in Q1 2027, when First National Bank will begin operating as First Community Bank and customers will be able to use any of the 16 branches along the Texas Gulf Coast.

Key Details

Transaction
First Community Bank acquires First National Bank

Source

Read full article on southtexasnews.com

via GN - entered into definitive agreement · April 10, 2026

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