News Topic: Capital

The New Orleans company is comfortable buying with the deal despite MidSouth's lingering credit issues, given a shared history and the opportunity to add low-cost deposits. ... Read full article

MidSouth had spent the last two years improving credit quality by reducing its exposure to energy credits. ... Read full article

Innovation is part of Emily Girsch's daily routine. That's why the chief financial officer at Lincoln Savings Bank in Cedar Falls, Iowa, spends a lot of time thinking about the need to modernize bank regulations for the digital age. ... Read full article

Entegra Financial, which had agreed to sell to SmartFinancial, is now selling to First Citizens, which offered more money and will pay a breakup fee for the initial deal. ... Read full article

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

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

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

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

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

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

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

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

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

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

The former credit union will shed its mutual status when it becomes a fully stock-owned company. ... Read full article

Gulf Atlantic Bank would be the eighth bank in the market, and just the second with local ownership. ... Read full article

Several groups have gone public with plans to start a bank since the state enacted a law to make it easier, but none have actually filed with the FDIC. ... Read full article

Steans, a former LaSalle Bank chairman who also led the financial crisis recapitalization that saved Taylor Capital, died on Tuesday. He was 83. ... Read full article