Oklahoma City-based MidFirst Bank is acquiring Dallas Capital Bank. .The deal is expected to close later this year. MidFirst Bank is the largest privately owned bank in the country with $42.1 billion in assets. As of late April, the bank had $24.6 billion in total deposits, $33.3 billion in net loans and leases and 94 branches in seven states. Dallas Capital Bank has $1.2 billion in assets, $913 million in deposits and $891 million in net loans and leases. “Dallas is one of the most dynamic banking markets in the country, and Dallas Capital Bank has built exactly the kind of relationship-focused culture that defines the MidFirst experience,” said MidFirst Bank CEO Todd Dobson.The acquisition comes after MidFirst bought the Houston banking locations of Coral Gables, Fla.-based Amerant Bank in 2024. MidFirst already has branches in Dallas, San Antonio and Houston. BofA Securities was financial advisor to MidFirst Bank, while Fenimore Kay Harrison LLP provided legal counsel. Raymond James & Associates was financial advisor to Dallas Capital Bank, while Hunton Andrews Kurth LLP was legal counsel.
