Federal Reserve Board Approval Received for Cadence Bancorp, LLC Acquisition of Encore Bancshares, Inc.

Encore Bancshares, Inc.

announced today that the Board of Governors of the Federal Reserve System has approved the application of Cadence Bancorp, LLC to acquire Encore through the merger of Encore with and into a wholly owned subsidiary of Cadence Bancorp, LLC. Completion of the merger remains subject to customary closing conditions.