trending Market Intelligence /marketintelligence/en/news-insights/trending/WHhJmG5hRgTJsDYySElcSA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Georgia-based Metro City Bank acquiring 2 branches from Texas-based City Bank

Street Talk Episode 68 - As many investors zig away from bank stocks, 2 vets in the space zag toward them

Street Talk Episode 66 - Community banks tap the debt markets while the getting is good

Street Talk Episode 67 - Veteran investor tabs Mick Mulvaney to help with latest financial stock-focused fund

Street Talk Episode 65 - Deferral practices trap US bank portfolios in purgatory


Georgia-based Metro City Bank acquiring 2 branches from Texas-based City Bank

Doraville, Ga.-based Metro City Bank seeks to acquire two branches fromLubbock, Texas-based CityBank. One of the branches is at 9788 Walnut St. in Dallas, and theother is at 2615 W. Pioneer Parkway in Grand Prairie, Texas.

The banks entered into a branch purchase and assumptionagreement May 18, according to an Interagency Bank Merger Act Application,recently obtained by S&P Global Market Intelligence. Metro City Bank notedin the filing that no existing branches of either bank will close in connectionwith the transaction.

Metro City Bank is a unit of As of March31, it had total assets of approximately $726.4 million, total net loans ofabout $594.2 million, total deposits of roughly $612.4 million andshareholders' equity of approximately $91.6 million. The bank currently doesnot have any branches in Texas.

City Bank is a subsidiary of At the endof March, it had total assets of about $2.54 billion, total net loans ofroughly $1.61 billion, total deposits of approximately $2.16 billion andshareholders' equity of about $238.2 million.

Hovde Group, led by Clark Locke and Joe Morton, advisedMetro City Bank.