MidFirst Bank, a privately owned bank, has agreed to acquire Dallas Capital Bank, a Dallas-based commercial bank with approximately $1.2 billion in assets.

The acquisition strengthens MidFirst’s position in Texas, where it already operates banking locations in Dallas, Houston and San Antonio and follows its 2024 acquisition of Amerant Bank’s Houston banking locations. Dallas Capital Bank serves entrepreneurs, business owners and professionals across the North Texas market through a relationship-focused commercial and private banking model. Founded more than a decade ago, the bank has built a management team with deep local roots and has attracted bankers from both regional and national financial institutions.

BofA Securities served as financial adviser and Fenimore Kay Harrison acted as legal counsel to MidFirst. Raymond James served as financial adviser to Dallas Capital Bank, while Hunton Andrews Kurth provided legal counsel.