Community banking

Organizers planning de novo bank in North Carolina

05/07/19

Triad Business Bank adds to the list of de novo efforts taking place in the state.

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Will fee fight cause another SBA shutdown?

05/07/19

Lawmakers from both parties oppose a Small Business Administration proposal to raise guarantee fees. The clash could lead to a halt in operations this fall.

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Investor group buys, recapitalizes North Carolina bank

05/07/19

Sound Bank has new management as part of the transaction. It will also get a new name and expand into higher-growth markets.

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Mergers stir up competition in Denver banking market

05/06/19

The Mile High City has been disrupted by a number of big M&A deals, providing an opening for other banks to benefit.

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Eagle Bancorp selects veteran banker as permanent CEO

05/06/19

The Maryland company has hired interim CEO Susan Riel to officially take over the post.

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FDIC hits Pacific City with stronger reg order for BSA compliance

05/06/19

The California company was issued a consent order after it failed to meet the conditions of a January 2018 informal agreement.

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Summit Financial in W.Va. sells insurance business

05/06/19

The company will record a $2.1 million pretax gain in the second quarter after selling Summit Insurance Services to the Hilb Group.

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Brazilian financial giant to buy BAC Florida Bank for $500 million

05/06/19

Banco Bradesco said it will use the acquired bank to expand its investment offerings in the United States.

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Big gains, but warning signs: The top 200 publicly traded community banks

05/05/19

Profitability improved significantly last year for banks with less than $2 billion of assets, but not because of anything they did. Some troubling trends lurk beneath those big gains too.

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De novo effort in Atlanta gets one step closer to opening

05/04/19

Tandem Bank has approval from the Georgia Department of Banking and Finance as its aims to become the state's first new bank since the financial crisis.

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