{"id":340425,"date":"2026-06-17T22:32:17","date_gmt":"2026-06-17T22:32:17","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-tx\/340425\/"},"modified":"2026-06-17T22:32:17","modified_gmt":"2026-06-17T22:32:17","slug":"dallas-capital-bank-to-be-acquired-by-oklahoma-citys-midfirst-bank-dallas-innovates","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-tx\/340425\/","title":{"rendered":"Dallas Capital Bank To\u00a0Be Acquired by Oklahoma\u00a0City’s MidFirst Bank \u00bb Dallas Innovates"},"content":{"rendered":"

Dallas Capital Bank has agreed to be acquired by Oklahoma City-based MidFirst Bank, the largest privately owned bank in the U.S., with\u00a0over $42 billion in assets and locations across seven states. <\/p>\n

Through the deal, Dallas Capital Bank clients will continue with \u201cthe same trusted relationships and high level of service they know today, enhanced by MidFirst\u2019s resources and product capabilities, while employees will join an organization that values their expertise and commitment to client relationships,\u201d the banks said.<\/p>\n

Terms of the acquisition were not disclosed.<\/p>\n

Doug Hutt, chairman and CEO of Dallas Capital Bank, said the two banks \u201cshare a fundamental belief that clients deserve a banking partner who knows them, responds quickly, and makes decisions locally.\u201d<\/p>\n

\u201cWe\u2019ve spent over a decade building that kind of bank here in Dallas,\u201d Hutt added in a statement. \u201cJoining MidFirst means our clients will continue to receive that same personalized approach, now with the full resources and scale of the nation\u2019s largest privately owned bank behind them.\u201d<\/p>\n

MidFirst was eager to expand its footprint in Dallas, \u201cone of the most dynamic banking markets in the country,\u201d according to MidFirst CEO Todd Dobson, who noted that Dallas Capital Bank and MidFirst both excel in providing a \u201crelationship-focused culture.\u201d<\/p>\n

\u201cDallas Capital Bank\u2019s team is recognized for delivering exceptional personalized service, and by bringing our organizations together, we\u2019ll be able to serve the Dallas market in an even greater way,\u201d Dobson added.<\/p>\n

Serving local entrepreneurs, business owners, and professionals<\/p>\n

With $1.2 billion in assets, Dallas Capital Bank offers \u201celevated banking service\u201d to local entrepreneurs, business owners, and professionals. Since its founding in 2015, Dallas Capital has grown under the leadership of a management team with strong local ties, attracting top talent from regional and national banks across the North Texas market, the bank said. The bank has been recognized by Newsweek as one of America\u2019s Best Regional Banks in each of the past two years.<\/p>\n

Jason Matthews, president and chief banking officer at Dallas Capital Bank, said the partnership with MidFirst \u201cprioritizes our people and our clients.\u201d<\/p>\n

\u201cOur team has decades of commercial and private banking experience in Dallas,\u201d Matthews added in a statement. \u201cWe work hard to earn the trust of our clients, and our bankers will now be able to offer a broader suite of products and capabilities while still providing the same exceptional level of service our clients have come to expect from us.\u201d<\/p>\n

Continued growth in the Lone Star State<\/p>\n

The proposed acquisition of Dallas Capital Bank builds on MidFirst\u2019s growing Texas footprint, which already includes banking locations in Dallas, San Antonio, and Houston.<\/p>\n

In 2024, MidFirst completed the acquisition of the Houston banking locations of Amerant Bank, adding six locations and a team of proven bankers serving commercial, business, and private banking clients across the Houston market. Since completing that transaction, MidFirst has continued to invest in Houston, including opening a new River Oaks banking center in 2025.<\/p>\n

The Dallas Capital Bank partnership adds a premier commercial banking franchise to MidFirst\u2019s existing successful operations in one of the nation\u2019s highest-growth metropolitan markets, the bank said.<\/p>\n

\u201cWe have invested in Texas for many years, and this transaction is an important step in deepening our commitment to the state,\u201d said G. Jeffrey Records, Jr., chairman of MidFirst Bank. \u201cDallas Capital Bank\u2019s leadership has built an outstanding bank over the past decade, and we are proud to welcome their team and clients to MidFirst.\u201d<\/p>\n

The deal is subject to customary closing conditions, including regulatory approval, and is expected to close in the second half of 2026.<\/p>\n

BofA Securities served as financial adviser and Fenimore Kay Harrison LLP provided legal counsel to MidFirst Bank. Raymond James & Associates, Inc. served as financial adviser and Hunton Andrews Kurth LLP provided legal counsel to Dallas Capital Bank.<\/p>\n

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