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Cadence Bancorp completes purchase of Encore Bancshares

Reported by: Mel Carlock
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Updated: 7/03/2012 9:03 am
HOUSTON, Tex. (WTVA) - Cadence Bancorp, LLC has completed its acquisition of Encore Bancshares, LLC.

Company officials say the sale was completed on Monday.

Encore Bank and Cadence Bank will operate seperately until a merger in the fall.

Customers will be notified in advance of changes and enhancements.

Cadence Bancorp is a regional bank holding company with $5.5 billion in assets.

The combined companies operate over 100 branches in Mississippi, Alabama, Florida, Georgia, Tennessee, and Texas.



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