Lewisville, Texas-based Bright Force Holding LLC applied to be a bank holding company by acquiring Dallas-based ABNA Holdings Inc.

Bright Force Holding will also indirectly acquire ABNA subsidiary American Bank NA as part of the planned transaction.

SNL valuations for bank and thrift targets in the Southwest region between Dec. 11, 2017, and Dec. 11, 2018, averaged 190.94% of book, 199.15% of tangible book and had a median of 20.49x last-12-months earnings, on an aggregate basis.

SNL is an offering of S&P Global Market Intelligence.