Joseph Silvia was recently quoted in the S&P Global Market Intelligence article "Rare condition in CBTX-Allegiance deal approval signals increased scrutiny ahead."

Joseph Silvia was recently quoted in the S&P Global Market Intelligence article "Rare condition in CBTX-Allegiance deal approval signals increased scrutiny ahead." The article discusses the Federal Deposit Insurance Corp.'s unusual stipulation in its approval of Beaumont, Texas-based CBTX Inc. and Houston-based Allegiance Bancshares Inc.'s merger of equals requires the combined company to submit an action plan "for improving the extent of home mortgage applications from, and originations to, African American applicants in the combined institution's assessment areas," which may become more common. "I think there was less of a focus on these particular banks than there was on the specific comment and the specific data point," shared Joseph. To read the article, click here.