Business First completed the acquisition of Texas Citizens for $53m.

Business First, a holding company of b1BANK, completed the acquisition of Texas Citizens, a bank, for $53m. “Texas Citizens Bank has been successful in serving Houston area owner-managed businesses since our inception. The significant efforts of our team toward strengthening our institution have resulted in the OCC recently lifting the Formal Agreement. We believe that our partnership with b1BANK will further strengthen the bank by enhancing our customer experience and our long-term contributions to the local community," Duncan Stewart, Texas Citizens Chairman and CEO.