Capital

First Bank to buy Bucks County Bank in Pennsylvania

03/29/17

First Bank, based in New Jersey, will pay about $27 million for Bucks County Bank in a deal that is expected to close in the third quarter.

[more]

Insiders continue to take advantage of post-election surge in bank stocks

03/22/17

Bankers, directors and other large investors are unloading millions of shares as bank stocks stay close to all-time highs.

[more]

Citizens Community in Wis. to buy Wells Financial in Minn.

03/21/17

Citizens will pay about $40 million in cash and stock for the $269 million-asset Wells in a deal set to close in the third quarter.

[more]

Fed raises threshold for more rigorous review of bank mergers

03/17/17

The Fed said it will conduct extensive reviews only of deals that create banks with assets of $100 billion, replacing the prior mark of $25 billion. The disclosure was included in the Fed's approval of People's United's purchase of Suffolk Bancorp.

[more]

Layoffs signal end to Banc of California's highflying days

03/14/17

The cuts punctuate the end to a rapid expansion period at the company, which now seems to be prioritizing profitability over growth.

[more]

FDIC labels First NBC significantly undercapitalized

03/14/17

The New Orleans company, which recently sold nine branches and $1.3 billion in loans, was ordered to raise more capital or find a buyer.

[more]

First Busey to acquire Mid Illinois Bancorp

03/13/17

First Busey will pay $133 million in cash and stock for Mid Illinois in a deal that should close later this year.

[more]

Farmers National to buy Monitor Bancorp in Ohio

03/13/17

Farmers National will pay about $7.8 million in cash and stock for the $43.3 million-asset Monitor in a deal that should close in the second or third quarter.

[more]

Credit union to buy branches, deposits of failed Chicago bank

03/10/17

State Bank of Texas, which bought the failed Seaway Bank in January, is selling nine branches to Self-Help Credit Union.

[more]

Behind the year's second-largest bank deal

03/10/17

Pinnacle Financial wanted to be in high-growth markets. BNC Bancorp saw more regulatory burden looming and limited opportunities to sell itself. Those factors spurred what is currently the year's second-biggest bank deal.

[more]