MidFirst Bank based in Oklahoma City is acquiring Dallas Capital Bank.
The proposed acquisition of Dallas Capital Bank builds on MidFirst’s expanding Texas footprint, which already includes banking locations in Dallas, San Antonio and Houston.
In 2024, MidFirst completed the acquisition of the Houston banking locations of Amerant Bank, adding six locations. Since then, MidFirst has opened a new River Oaks banking center.
The Dallas Capital Bank partnership represents MidFirst’s next major step in Texas, adding a premier commercial banking franchise to its existing successful operations.
“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,” Todd Dobson, CEO of MidFirst Bank, said. “Dallas Capital Bank’s team is recognized for delivering exceptional personalized service, and by bringing our organizations together, we will be able to serve the Dallas market in an even greater way.”
Dallas Capital Bank has approximately $1.2 billion in assets. It will add to the $42 billion in assets that MidFirst Bank currently has.
“MidFirst and Dallas Capital Bank share a fundamental belief that clients deserve a banking partner who knows them, responds quickly, and makes decisions locally,” Doug Hutt, chairman and CEO of Dallas Capital Bank, said. “We have spent over a decade building that kind of bank here in Dallas. Joining MidFirst means our clients will continue to receive that same personalized approach, now with the full resources and scale of the nation’s largest privately owned bank behind them.”
The transaction is subject to various closing conditions and regulatory approvals. It is expected to close in the second half of 2026.
“We have invested in Texas for many years, and this transaction is an important step in deepening our commitment to the state,” G. Jeffrey Records, Jr., chairman of the Board of MidFirst Bank, said. “Dallas Capital Bank’s leadership has built an outstanding bank over the past decade, and we are proud to welcome their team and clients to MidFirst.”