Farmers National expands near Cleveland with Maple Leaf purchase
Farmers will pay $40 million for the bank, which is in an affluent area in northeast Ohio. ... Read full article
Farmers will pay $40 million for the bank, which is in an affluent area in northeast Ohio. ... Read full article
Loyal Trust Bank is the seventh proposed bank in 2019 to secure the agency's approval for deposit insurance. ... Read full article
The Plano bank, which is being sold to Prosperity Bancshares in one of the industry's biggest M&A deals this year, was also worried about credit quality, a regulatory filing shows. ... Read full article
Organizers of Silver River Community Bank must raise $17 million before opening. ... Read full article
The Michigan company will pay $68 million to expand in a high-priority market. ... Read full article
The companies said the merger will provide scale and help them update technology more efficiently. ... Read full article
The New Jersey company will pay $284 million for Two River Bancorp and Country Bank Holding. ... Read full article
CrossFirst Bankshares intends to use the proceeds for general corporate purposes, including support of future growth, according to its SEC registration statement. ... Read full article
The company, based in Charleston, S.C., will by Carolina Trust in western North Carolina for $100 million. ... Read full article
The Connecticut company will add heft in its home state and Massachusetts when it buys the former mutual. ... Read full article
Piermont Bank, set to open this week, will be the city's second new bank this year. ... Read full article
Ribbon-cuttings for de novos have become more common as regulators have warmed up to the idea of granting new charters. These are the banks that have opened this year, along with more that are on track to do so. ... Read full article
Set aside the large BB&T-SunTrust merger pact, and most deal metrics were way down in the first half of 2019. ... Read full article
The pair spoke in grand terms when they announced they were combining, but a securities filing tied to the agreement serves as a reminder that when two banks decide to become one, it's often because they have to. ... Read full article
The California company will pay $39.4 million for the parent of First State Bank of Colorado. ... Read full article
Trustar Bank is set to debut in northern Virginia in July. ... Read full article
The Pittsburgh regional, once among the most industry’s most active acquirers, hasn’t bought a bank in more than two years — and it’s in no rush to do so. ... Read full article
Organizers of Community Bank of the Carolinas in Winston-Salem said that they will return capital to investors and pursue other alternatives, including buying an existing bank. ... Read full article
The $550 million purchase will include a branch in the U.S. Virgin Islands. ... Read full article
Ken Lehman recently bought a block of shares in Village Bank & Trust Financial. ... Read full article