News Topic: Capital

The Alabama company will enter Sarasota, Fla., after buying Premier for $52 million. ... Read full article

The $6 million acquisition will add four businesses with a total of $700 million in assets under management. ... Read full article

Gulfside Bank, which would be based in Sarasota, is angling to become southwest Florida's first new bank in a decade. ... Read full article

Organizers want to open the first new bank in Michigan since 2009, while a third group in Florida has filed a de novo application. ... Read full article

Park National, which came to regret its acquisition of a Florida bank just before the financial crisis, took more than a year to vet NewDominion before making an offer. ... Read full article

The company's planned purchase of Coastway Bancorp in Rhode Island makes sense since both institutions used to be credit unions. ... Read full article

Organizers in Winston-Salem are planning to raise at least $25 million to form Community Bank of the Carolinas. ... Read full article

The company has agreed to buy United Community Bancorp. With the $114 million deal it would add five branches in the Cincinnati area. ... Read full article

Limited organic growth opportunities and rising premiums for bigger deals are fueling more sales of banks with $1 billion to $10 billion in assets. ... Read full article

The company has agreed to pay $89 million for Premier Commercial Bancorp. The acquisition would significantly increase its branch presence and lending in the Portland area. ... Read full article

Two groups have announced plans to open banks in the state, and several others have had talks with regulators. Is there room for more? ... Read full article

OP Bancorp in Los Angeles aims to raise $20 million to fund organic growth and acquisitions. ... Read full article

Sterling would gain $458 million in loans and an origination platform by acquiring Advantage Funding Management. ... Read full article

Spirit Community Bank is being planned in Statesville, a community located about 45 miles north of Charlotte. A separate set of organizers has already shared plans to open a bank east of Charlotte. ... Read full article

Parkway Acquisition in Virginia has agreed to buy Great State Bank for nearly $15 million. ... Read full article

The nonprofit is turning to banks and social impact investors to support a newly created fund designed to significantly increase the size of its loan portfolio over five years. ... Read full article

While the $632 million-asset nbkc bank was the smallest known participant in the recent round of funding for Greenlight, the investment wasn't its first foray into fintech. ... Read full article

The company will also surpass $10 billion in assets when it buys Community Bank. ... Read full article