THERE'S NO STAMPEDE TO BUY TEXAS BANKS.

The article reports on the new bill passed by Texas legislators that permits banks and investors from other states to acquire any of the state's 1,936 banks. The new bill will help the banks' current business status and the Texas banking to be back in business. However, the buyers are not rushing to deal and invest, they are working over the bank portfolios and they make sure that their target banks have adequate reserves and in a good condition.