Acquisition to further expand First Midwest's reach in Chicago suburbs
First Midwest Bancorp has agreed to buy Northern States Financial in Waukegan, Ill., for $91 million. ... Read full article
News Topic: Community banking
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CEO succession plan outlined at Ga. bank
Ameris Bancorp said that Edwin Hortman will step down as president and CEO in July but will continue as chairman. ... Read full article
Lending to restaurant franchises proves tempting, but has the moment passed?
Live Oak is the latest bank to jump into this niche lending area. But some warn they are beginning to see cracks in credit quality. ... Read full article
First Internet to raise $50M to support growth
First Internet Bancorp in Fishers, Ind., which went public in 2013, could also use the capital for acquisitions and other investments. ... Read full article
Senate passes bill to boost SBA lending
The bill is one of two SBA-related measures the Senate approved late Tuesday and sent to President Trump to sign into law. ... Read full article
What made a Georgia bank pivot from IPO to sale?
Brand Group in Georgia was mulling a public offering but it opted to test the waters as a seller first. That decision led to one of the biggest deals announced this year. ... Read full article
52 pickup: What Flagstar saw in Wells Fargo Midwest branches
The low-cost deposits that come with the deal should fund the Michigan company's effort to become a commercial lender. ... Read full article
Calif. bank gets rare shareholder rebuke on executive pay
The advisory vote came two weeks after Preferred Bank in Los Angeles disclosed a major loan default. ... Read full article
Flagstar takes advantage of Wells' plan to shed branches
The Michigan company will buy 52 branches and $2.3 billion in deposits from the San Francisco banking giant. ... Read full article
Reform law has an overlooked benefit for funding-starved banks
The legislation allows banks to hold a certain amount of reciprocal deposits without having to classify them as brokered deposits. ... Read full article
Community Banks with the Largest C&I Loan Portfolios
On Mar. 31, 2018. Dollars in thousands. ... Read full article
Community Banks with the Largest First Mortgage Portfolios
On Mar. 31, 2018. Dollars in thousands. ... Read full article
Business First expanding in northern La. with Richland State deal
The company will gain $305 million in assets after completing the $51 million acquisition. ... Read full article
A month to remember in bank M&A
Here's a look at eight deals, why they were significant and why many more are expected ... Read full article
Fourth bank warns of loan loss from troubled borrower
Add S&T Bancorp to the list of lenders that appear to have exposure to a Pennsylvania fuel supplier dealing with alleged employee fraud. ... Read full article
Why these three de novos went nowhere
A lack of talent, capital and good business planning proved fatal for bank organizers in California and Georgia. ... Read full article
Va. bank faces pressure to return more capital to investors
Hilton Capital Management wants National Bankshares to buy back stock or declare a special dividend. ... Read full article
Reg relief bonus: More money to spend on tech
With a lighter compliance burden, small banks could shift tech spending to customer-facing innovation. ... Read full article
New community banking president named at Meta
Kathy Thorson, who is currently a market president at MetaBank, will oversee strategy for all of its four markets. ... Read full article
Alabama de novo raises $48M in initial capital
Organizers of CommerceOne Bank are one step closer to a planned opening this summer. ... Read full article