N.C. de novo effort closes in on initial capital goal
Organizers of Community Bank of the Carolinas in Winston-Salem have raised $18 million. The group has to bring in at least $25 million. ... Read full article
News Topic: Capital
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First Bancshares entering New Orleans with FPB acquisition
The Mississippi company will pay $86 million for seven branches with $318 million in deposits. ... Read full article
Enterprise entering New Mexico with Trinity Capital purchase
The Missouri company will pay $213 million for the largest bank in Los Alamos, N.M. ... Read full article
N.Y. bank raises $16M to expand in adjacent markets
Orange County Bancorp has identified two neighboring counties for expansion. ... Read full article
Peoples in Ohio to enter Ky. with First Prestonsburg acquisition
The $45 million purchase will provide Peoples with eight branches and $244 million in deposits. ... Read full article
Orrstown in Pa. to expand in Baltimore with Hamilton acquisition
Orrstown will pay $59 million in cash and stock to gain seven branches and $409 million in deposits. ... Read full article
NCUA approves risk-based capital changes, setting stage for new banker battle
Credit unions won't have to comply with the controversial rule until at least 2020, but a separate proposal on alternative capital could raise the ire of banking groups. ... Read full article
Byline to enter new Chicago markets with Oak Park acquisition
The company will pay $42 million for Oak Park River Forest Bancshares. ... Read full article
First Interstate bulks up in Idaho with two bank acquisitions
The Montana company will spend $200 million to buy Idaho Independent and Community 1st Bank. ... Read full article
Investar in La. to enter Houston with latest acquisition
The company agreed to buy Mainland Bank for nearly $20 million in stock. ... Read full article
Union to gain scale around Washington with $600M acquisition
Union Bankshares will gain 15 branches and $2 billion in loans in northern Virginia after it buys Access National. ... Read full article
A slowdown with a silver lining in community banks’ future?
The economy could “positively slow down in mid-2019” and consumer debt levels are a huge concern, but technology and lessons learned from the crisis could still create opportunity for small banks, says Beneficial’s Gerry Cuddy ahead of a big speech on ... Read full article
C&N expands closer to Philadelphia with Monument acquisition
Citizens & Northern will pay $43 million for the $348 million-asset Monument. ... Read full article
Revere Bank raises $47M through public offering
The bank's public offering comes three years after it raised $16 million in a private placement. ... Read full article
Second M&A deal in four months for Independent in Mass.
The acquisitive company plans to buy Blue Hills Bancorp to boost its footprint in eastern Massachusetts. ... Read full article
Regulators propose new capital treatment for higher-risk CRE exposures
The changes mandated by the recent regulatory relief law would narrow the definition of "high-volatility commercial real estate" exposures that get a higher risk weight. ... Read full article
Oklahoma City de novo effort receives regulatory approval
Organizers of Watermark Bank aim to open early next year. ... Read full article
Visa stock sale, insurance recovery to boost 3Q earnings at WSFS
The Delaware company said it recouped nearly two-thirds of the costs it incurred as part of a legal settlement reached earlier this year. ... Read full article
Thwarted bank buyer shows a gracious side
Washington Federal in Seattle allowed Anchor Bancorp to find another buyer after BSA issues forced it to withdraw its merger application. ... Read full article
Park in Ohio doubles down in the Carolinas with latest acquisition
The company will pay $142 million for Carolina Alliance Bank three months after buying NewDominion in Charlotte, N.C. ... Read full article