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FC Holdings Inc. completes acquisition

By Anonymous
Publication: Texas Banking
Date: Friday, September 1 2006

Chairman and CEO Nigel J. Harrison of FC Holdings Inc., a Houston-based multi-bank holding company, announced the purchase of Texas National Bancshares Inc., parent of Texas National Bank in Tomball.

The bank will change its name in the coming months to First Community Bank. John Prewitt has

been named president. The Tomball bank, which joins Lake Area National Bank in Trinity and Huntsville, has combined assets of $140+ million. Plans call for the opening of locations in The Woodlands, Conroe and surrounding areas.

Steve Vaughan has been named president of FC Bankers Services, a subsidiary of FC Holdings, and Jerry Golemon as executive vice president and CFO of FC Holdings Inc.

With this purchase, FC Holdings has almost $300 million in assets and four independent bank charters located in San Antonio/Fort Bend County, MeridianAVaco, Trinity/ Huntsville and Tomball area.

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