Spirit of Texas Bancshares, Inc. announced that it has entered into a definitive agreement to acquire through a series of mergers Comanche National Corporation and its subsidiary, Comanche National Bank, in a cash and stock transaction for total consideration valued at approximately $55.9 million based on Spirit’s closing price of $20.36 per share on July 18, 2018. Upon completion of the transaction, Mr. William K. “Kendall” Nix will join the Spirit board of directors and will serve as Vice Chairman of Spirit of Texas Bank, SSB.