Spirit of Texas Bancshares, Inc. announced that it has closed its previously announced acquisition of Comanche National Corporation and its subsidiary, The Comanche National Bank in a cash and stock transaction. The closing consideration consisted of approximately $12.2 million in cash and 2,142,857 shares of Spirit’s common stock. Comanche shareholders own approximately 18% of the outstanding capital stock of Spirit, with Spirit shareholders owning the remaining 82%. The company also announced that William K. Kendall Nix, Chairman and Chief Executive Officer of Comanche National Corporation will join the company board of directors.