Locally, the big fish eat the little fish, and then you have these huge whales out there. If the new bank is profitable, chances are it's being looked at.

They got a heck of a price. This is just an example of larger banks desiring to get into really attractive markets, and you have to pay a premium for that.

With his Houston franchise, he built in a market that wasn't hot going into it, but he could see it was going to become something.