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Cornerstone Capital Bancorp Signs Agreement To Acquire Peoples Bancorp; Financial Terms Not Disclosed

Author: Benzinga Newsdesk | October 17, 2025 09:14am

HOUSTON, Oct. 17, 2025 /PRNewswire/ -- Cornerstone Capital Bancorp, Inc. ("Cornerstone" or the "Company"), the holding company for Cornerstone Capital Bank, and Peoples Bancorp, Inc. ("Peoples"), the holding company for Peoples Bank, a leading community bank headquartered in Lubbock, Texas, today announced the signing of a definitive agreement under which Cornerstone will acquire by merger, Peoples.

This transaction marks Cornerstone's first bank acquisition since its transformative merger with Roscoe Bank in 2022. 

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