CBTX, Inc. Announces Closing of Initial Public Offering

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| Source: CommunityBank of Texas, N.A.

HOUSTON, Nov. 10, 2017 (GLOBE NEWSWIRE) -- CBTX, Inc. (“CBTX”), the bank holding company for CommunityBank of Texas N.A., today announced that it has completed the initial public offering of 2,400,000 shares of its common stock at a price of $26.00 per share.  CBTX’s common stock began trading on the NASDAQ Global Select Market on November 8, 2017 under the trading symbol “CBTX”.

On November 8, 2017, the underwriters exercised in full their option to purchase an additional 360,000 shares of CBTX’s common stock at the public offering price less the underwriting discount.

Stephens Inc. and Keefe, Bruyette & Woods, a Stifel Company served as joint book-running managers for the offering. Sandler O’Neill + Partners, L.P. served as co-manager.

A registration statement relating to these securities was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on November 7, 2017.  The offering was made only by means of a prospectus. Copies of the final prospectus relating to the offering may be obtained from Stephens Inc., 111 Center Street, Little Rock, Arkansas 72201, Attention: Syndicate, or by calling toll-free 1-800-643-9691 or Keefe, Bruyette & Woods, Inc., 787 Seventh Avenue, 4th Floor, New York, New York 10019, Attention: Equity Capital Markets, or by calling toll-free 1-800-966-1559.  Copies of the registration statement relating to these securities and the prospectus may also be obtained free of charge from the website of the SEC at www.sec.gov.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About CBTX, Inc.

CBTX is the bank holding company for CommunityBank of Texas, N.A., a $2.9 billion asset bank, offering commercial banking solutions to local small and mid-sized businesses and professionals in Houston, Beaumont and surrounding communities in southeast Texas.  Visit www.communitybankoftx.com for more information.