News Topic: Community banking

Jimmy Tallent, who will become the Georgia company's executive chairman, will be succeeded by Lynn Harton ... Read full article

A court agreed with HomeStreet that Blue Lion Capital failed to comply with the company's advance-notice bylaw when it submitted director nominations and shareholder proposals. ... Read full article

Short sellers tend to go against the tide, making investments based on a belief that a stock is going to tank. These 10 banks have drawn the greatest amount of short-interest activity recently. ... Read full article

A federal judge struck down two provisions of the NCUA's field-of membership rule, while upholding two others. ... Read full article

Renasant is requiring Brand Group to sell $55 million in classified loans before closing the deal, while attaching an incentive for the seller to get as much as possible for those sales. ... Read full article

The Mississippi company will gain nearly $2 billion in loans after it buys Brand Group Holdings. ... Read full article

The agency said Cross River Bank and an affiliated debt settlement company misled customers into thinking a debt consolidation program would settle their debts and boost their creditworthiness. ... Read full article

One purpose of the Senate bill was for small banks to rein in skyrocketing costs, but some bankers question whether the changes will save them money, and adapting to the reforms may even increase spending. ... Read full article

The company has agreed to acquire Bank of Rio Vista to expand its operations in central California. ... Read full article

Live Oak Bancshares took two years developing a loan for cemetery operators, a group that faces challenges with financing for property improvements. ... Read full article

The biggest legacy of the current regulatory relief effort may be the increasing focus on whether organizing banks in supervisory buckets by asset size makes sense. Yet the bill deals with just one of the two big asset thresholds in the law. ... Read full article

Mid-Southern Bancorp could use proceeds to make more loans or to pursue acquisitions. ... Read full article

An affiliate of the private-equity firm Angel Oak is packaging bank-issued sub debt to minimize risk for bondholders. It recently completed its first securitization and has plans to issue two deals a year. ... Read full article

Only North Dakota has its own state-owned bank, but policymakers in other states say more public banks are necessary to fully meet society's needs. Among those who proponents say would benefit the most: small-business owners and legal marijuana ... Read full article

A recent acquisition that was highly dilutive, and a lack of suitable mutual targets, could spur HarborOne Bancorp to pursue a second-step conversion. ... Read full article

A judge in North Carolina granted a request by First Citizens to block KS Bancorp from enacting a shareholder rights plan. ... Read full article

The company said it could raise up to $25 million through the initial public offering. ... Read full article

Luckily for Amazon, the OCC is no longer “the angry dad on the porch with a shotgun," trying to keep tech companies from hooking up with banks. JPMorgan Chase’s Amber Baldet can pack a room for a lesson on blockchains. And it is the end of catcalls in ... Read full article