Huntington Bancshares Incorporated announced Monday that it plans to buy Cadence Bank in a $7.4 billion all-stock deal that will make Huntington one of the 10 largest banks in the country.

The combined bank will have about $276 billion in assets and $220 billion in deposits. Huntington said it does not plan to close any Cadence branches and will continue to invest in local communities.

The news comes shortly after Cadence completed its merger this summer with Industry Bancshares.

Branches in Brenham and nearby areas officially began operating as Cadence Bank in mid-October. Huntington said it plans to keep those branches open and continue Cadence’s community and charitable programs.

Cadence, based in Houston and Tupelo, Mississippi, has more than 390 locations across Texas and the Sout

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