Cornerstone Home Lending recently signed a definitive agreement to acquire the Roscoe State Bank of Roscoe, TX. These two family-owned companies with nearly 150 years of collective operating success will combine to create an organization holding approximately $2 billion in assets and more than $300 million in equity capital.

“This combination of two great teams will allow Cornerstone to significantly expand product and service offerings to our hundreds of thousands of customers and referral sources throughout the country, will provide a vast array of additional home lending products and services to the customers and communities served by The Roscoe State Bank, and will produce additional growth opportunities for team members at both Cornerstone and Roscoe,” said Marc Laird, chairman, CEO and co-founder of Cornerstone.