Capital

Michigan de novo surpasses capital goal, plans May opening

04/15/19

MiCommunity Bancorp, which will be Michigan's first new bank since the financial crisis, raised $30 million in initial capital.

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Red River in Louisiana plans $30M initial public offering

04/12/19

The company could use its share of proceeds from the IPO to repay debt and pursue bank acquisitions.

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De novo group aims to open first Utah bank in decade-plus

04/11/19

Organizers of the Bank of St. George have filed an application with the FDIC and state regulators and plan a public stock offering.

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Glacier to enter Nevada with latest bank acquisition

04/04/19

The Montana company agreed to buy Heritage Bancorp for $241 million.

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After BB&T-SunTrust noise, a quiet March in bank M&A

04/03/19

The first quarter has been sluggish for overall merger activity. Still, hear are the notable deals announced in March.

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Midland States expands south of Chicago with HomeStar purchase

04/02/19

The Illinois company will pay about $10 million, and redeem $23.5 million in trust-preferred stock, as part of the deal.

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North Carolina de novo inches closer to opening

03/29/19

Community Bank of the Carolinas must raise about $4 million before becoming the state’s first new bank since the financial crisis.

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Will BB&T-SunTrust start a de novo wave?

03/12/19

Big bank mergers have historically been a catalyst for startups. Experts say it could happen again.

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Latest de novo effort in affluent Atlanta suburbs

03/12/19

Loyal Trust Bank will have a large number of Asian-American investors and board members.

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BancorpSouth announces acquisitions in Florida, Texas

03/06/19

The Mississippi company will pay more than $200 million for the parent companies of Texas Star Bank and Summit Bank.

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