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Happy State Bank announces acquisition of Lubbock bank

Posted by: tdt -

By Nixie Sanderson

Happy State Bank has announced that regulatory approval has been given for the purchase of Centennial Bank. The announcement was made Friday. 

“Good things are worth the wait,” Happy State Bank President and CEO Mikel Williamson said. “We’ve been working with Centennial BANK for some time to close this deal and we’re Happy to finally put dates to
the process and move forward. The merger will close on July 1, and at that time we will have 58 locations in
41 Texas communities and combined assets of approximately $5 billion. We have always thought Centennial
would be a good fit for Happy State Bank’s growth plans in terms of culture and locations.”

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