News Topic: Community banking

The company agreed to buy County First Bank in a cash-and-stock transaction. ... Read full article

The company said that Dennis Shaffer, its president, will succeed James Miller at the end of this year. ... Read full article

The South Pacific island's leaders have a creative solution to fix their cash-based economy that hasn't been done in the U.S. in nearly a century. But will regulators approve? ... Read full article

With the move, the Mississippi bank would no longer be regulated by the Federal Reserve. The decision comes after the bank struggled with Bank Secrecy Act and Community Reinvestment Act compliance. ... Read full article

The New Jersey company reported lower quarterly profit that included professional fees tied to addressing an informal order from regulators. ... Read full article

Southwest Bancorp, frustrated with a lethargic stock price, opted to find a buyer last summer. It was holding talks with Simmons First when the post-election run-up in bank stocks gave its shares an unexpected lift. Did it do the right thing by proceeding? ... Read full article

Valley National's latest acquisition would make it a much bigger player in Florida and provide a platform to write more auto loans. Both markets present attractive returns but high risks. ... Read full article

The company will also gain $260 million in loans and $180 million in deposits from Banner Corp. ... Read full article

The company has agreed to buy Puget Sound Bancorp to expand in a competitive, fast-growth market. ... Read full article

The Texas company would add seven branches and more than $300 million of assets by acquiring Valley Bancorp. ... Read full article

The Blairsville, Ga., bank is in growth mode with strong second-quarter lending performances and two deals in the works, but its provision for loan losses was described as too low in one research note. ... Read full article

First Financial in Ohio is buying MainSource in Indiana — with a twist. MainSource's leader will become CEO. ... Read full article

The Louisiana company, which recorded a large loan-loss provision to cover energy-related chargeoffs, also disclosed a new regulatory order from the Office of the Comptroller of the Currency. ... Read full article

The Michigan company's profit benefited from a larger balance sheet and a reduction in merger-related expenses. ... Read full article

The acquisition would be Valley's third in the Sunshine State since 2014 and would give the New Jersey company its first branches in Alabama. ... Read full article

The New York company, which is preparing to buy Astoria Financial, reported year-over-year increases in commercial-and-industrial and commercial real estate loans. ... Read full article

Union Bankshares in Virginia lost several key lending officers after it bought StellarOne. Management as a result has made changes to minimize employee flight from its latest M&A target, Xenith Bankshares. ... Read full article

The Michigan company had fewer gains from loan sales. It also reported an increase in noninterest expenses. ... Read full article