The Michigan company sold collateral tied to Live Well, a mortgage company that has filed for bankruptcy protection.
The company will by TB&T Bancshares, which operates branches near Texas A&M University.
The Pennsylvania company will pay $31 million for a bank with $269 million in assets.
The California company said it has no timeline for Russell Colombo's expected retirement.
JWTT, created by former Wedbush Securities bankers, says it will use its connections to court business from other investment banks that were recently sold.
Nearly a tenth of the industry’s deals this year were connected to the state, which boasts a good number of sought-after small banks.
The company will pay $42 million in cash for the parent of Main Street Bank in southeastern Michigan.
The company will pay $29 million for Cornerstone Financial Services.
The Tennessee company will gain access to the Bowling Green, Ky., market as part of the $52 million deal.
Regulators have redefined a simplified capital measure for community banks following criticism that their 2018 proposal did not go far enough.
