Grant Bancshares Inc., the parent bank holding company for BOM Bank and headquartered in Natchitoches, Louisiana, is proud to announce the successful completion of its acquisition of nine American State Bank locations across Texas. This acquisition is a milestone in BOM Bank’s strategic growth plan, enhancing its regional footprint and expanding its ability to provide exceptional banking services to more communities.
The acquired locations, which include branches in Haslam, Timpson, Center, Lufkin, Huntington, Chester, and Conroe, will continue to offer the personalized service that customers have come to expect. With this expansion, BOM Bank now operates 26 branches and two operations facilities across Louisiana and Texas, further solidifying its presence as a trusted community bank in the region.
Ken Hale, President and CEO of BOM Bank, expressed his enthusiasm for the completed acquisition, stating, “We are thrilled to welcome the customers and employees of American State Bank into the BOM Bank family. This expansion aligns perfectly with our mission to provide accessible, community-focused banking solutions, and we look forward to building lasting relationships with our new customers in Texas.”