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Spirit of Texas Bank SSB to acquire a PlainsCapital Bank branch

College Station, Texas-based Spirit of Texas Bank SSB, a unit of ST Financial Group Inc. ($847.8 million), plans to acquirea bank branch in The Woodlands from Dallas-based PlainsCapital Bank, a unit of Hilltop Holdings Inc. ($11.87 billion), Houston Chronicle reported March 31.

Spirit of Texas currently has 14 branches in Texas, located inHouston, Dallas, Fort Worth, Conroe, The Woodlands, Tomball, Grapevine, Colleyville,Stafford, Clear Lake and College Station.

The transaction is expected to close during the second quarter.