HOUSTON, Dec. 17, 2010 (GLOBE NEWSWIRE) -- Encore Bancshares, Inc. (Nasdaq:EBTX) announced today that its subsidiary, Encore Bank, N.A., has received confirmation that the Office of the Comptroller of the Currency and the Federal Reserve Bank of Atlanta have approved the applications made by Ovation Holdings, Inc. ("Ovation") for the acquisition of National Bank of Southwest Florida ("NBSWF"), as well as NBSWF's purchase and assumption of certain assets and deposits of Encore Bank's Florida operations, subject to Ovation raising the remaining capital required.
Encore Bancshares, Inc. Announces Regulatory Approvals To Close Sale Of Florida Operations By Year End
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