Michigan de novo surpasses capital goal, plans May opening


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


Red River in Louisiana plans $30M initial public offering


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


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


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


Glacier to enter Nevada with latest bank acquisition


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


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


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


Midland States expands south of Chicago with HomeStar purchase


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


North Carolina de novo inches closer to opening


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


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


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


Latest de novo effort in affluent Atlanta suburbs


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


BancorpSouth announces acquisitions in Florida, Texas


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