Hunton Andrews Kurth LLP is advising Park Cities Financial Group, Inc. (“Park Cities Financial”) and its subsidiary, Dallas Capital Bank, in its merger with Midland Financial Co. and its subsidiary, MidFirst Bank (“MidFirst”), the largest privately owned bank in the nation.
Park Cities Financial entered into a definitive agreement with Midland Financial Co., pursuant which Dallas Capital Bank will merge with and into MidFirst Bank. The transaction was announced on June 17, 2026. The proposed acquisition of Dallas Capital Bank represents MidFirst's next major step in Texas and builds on MidFirst's expanding Texas footprint, which already includes banking locations in Dallas, San Antonio, and Houston. The Dallas Capital Bank partnership will add a premier commercial banking franchise to MidFirst’s existing successful operations in one of the nation's highest-growth metropolitan markets.
The transaction is subject to customary closing conditions, including regulatory approval, and is expected to close in the second half of 2026.
For further details on the transaction, MidFirst Bank’s press release can be found here.
The Hunton team representing Park Cities Financial and Dallas Capital Bank is led by partner Josh McNulty, with assistance from partner Tony Eppert, counsel Tyler Richardson, and associates Caitlin Scipioni, Taylor Williams, Alexandra Noetzel, and Nate Sans.