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First National Bank of Hughes Springs completes SouthStar Bank branch deal

Texas-based First National Bank of Hughes Springs' acquisition of two branches of state peer SouthStar Bank S.S.B. of Moulton was completed on Jan. 27, according to information from the OCC.

The OCC approved the application to acquire the two branches, which are located at 101 Gassaway Avenue in Lott and 119 Craik Street in Marlin, on Dec. 13, 2016.

First National Bank of Hughes Springs is a unit of Chalybeate Springs Corp., while SouthStar Bank is a unit of Southern Bancshares Inc.