Hilltop Holdings Inc (HTH)

[Enterprising Investor]

First one is a gimme in any Ford transaction.

I thought this one would have sounded an alarm.

Hilltop Holdings previously has bid on failed banks through FDIC-assisted transactions, but this is the first successful acquisition. First National Bank’s deposit franchise and expansive branch network allows PlainsCapital Bank to further develop its Texas footprint. This transaction also allows PlainsCapital Bank to enter the Rio Grande Valley, Houston, Corpus Christi, Laredo and El Paso markets, among others.

Unsuccessful previously, interesting?

Although never posted here, I checked, we had discussed earlier the importance of adding Greater Houston. Corpus Christi a nice pick up. I suspect the majority of legacy issues revolved around the Rio Grande Valley, Laredo and El Paso markets.