The industry's largest acquisition in more than a decade will create the sixth-biggest bank in the country, with assets of more than $442 billion.
The Virginia company, which recently bought Access National, will become Atlantic Union Bank later this year.
Reliance Bancshares was in a position to reject five buyout offers over the course of a year before it got one it liked.
Shaza Andersen, a well-known banker around the nation's capital, would serve as Trustar Bank's CEO.
The company will top $1 billion in assets after it buys the parent of F&M Bank in Tomah, Wis.
The Montana company will more than double its assets in Utah when it buys FNB Bancorp.
The Tennessee company will have $4 billion in assets and 47 branches in six states when it buys Entegra Financial.
Though it wil be based in the nation's capital, MOXY Bank will also have significant operations in Charlotte, N.C.
The North Carolina company agreed to pay $38 million in cash for First South Bancorp.
Silver River Community Bank is the fifth de novo in Florida to apply with the FDIC in the last three years.