Midland-based FirstCapital Bank of Texas has announced that Wichita Falls-based Fidelity Bank will be merging with them.

The agreement says the merge will be in a stock and cash transaction. Upon completion of the merger, Fidelity Bank with merge with and into FirstCapital Bank of Texas.

The combined bank will have sixteen locations across Texas. The transaction is expected to be completed in the first quarter of 2019.

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