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Independent Bank Group,
Inc.
IBTX, the holding company for Independent Bank, today announced
that Independent Bank Group has entered into a definitive agreement to acquire
Live Oak Financial Corp. and its subsidiary, Live Oak State Bank, Dallas,
Texas, a Texas state chartered bank with total assets of $122.9 million, total
deposits of $103.9 million, and total equity capital of $13.9 million at June
30, 2013. Live Oak State Bank is a full service commercial bank with one
office located in the Swiss Avenue/Lakewood area east of downtown Dallas.
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