Spirit of Texas Bancshares, Inc. has agreed to raise USD 37 million in a private placement of fixed-to-floating rate subordinated notes due 2030. The Notes will initially bear interest at a fixed annual rate of 6.00% per annum payable quarterly in arrears to, but excluding, July 31, 2025. Performance Trust Capital Partners, LLC served as placement agent for this offering. Hunton Andrews Kurth LLP and Fenimore, Kay, Harrison & Ford, LLP are acting as legal advisor for the offering.