Renasant to buy Metropolitan BancGroup in Mississippi
The $190 million deal would push Renasant above the $10 billion-asset regulatory threshold. ... Read full article
News Topic: Community banking
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Will Trump give banks a break on BSA? Don't bet on it
While the Trump administration could relax other bank regulations, it is unlikely that it would ease up when it comes to money-laundering compliance. ... Read full article
Evans in N.Y. looks to raise $14M in public offering
The company has been producing solid loan growth in recent quarters.�@9@e ... Read full article
SmartFinancial in Tenn. to conduct an IPO
About $12 million of the proceeds will go toward exiting the Small Business Lending Fund. ... Read full article
Mercantile's 4Q results reveal strong credit quality, cost control
The Michigan company expects a recently announced mortgage initiative to produce solid growth in 2017. ... Read full article
Hawthorn in Mo. faces call to split chairman, CEO roles
Ategra Community Financial Institution Fund believes the move would improve independent oversight of management. ... Read full article
Why #BankBlack Is Working
The author responds to critics who say the national movement to move money from big banks to black-owned institutions may not be fueling many loans to minorities and residents of low- to moderate-income communities. ... Read full article
Bancorp New Jersey bounces director after loan default
The company sued the former director over the debt, which disqualified him from board service. ... Read full article
Harvest Community in N.J. becomes first bank failure of new year
The bank is first to fail in New Jersey since 2012. ... Read full article
Post Oak Bancshares to buy State Bank of Texas
The deal expands Post Oak’s existing operations around Houston ... Read full article
For First Horizon, bigger is better when scouting bank deals
The company would prefer buying banks with $5 billion to $10 billion in assets unless it finds an appealing alternative in a strategic market such as Raleigh or Nashville. ... Read full article
Norwood in Pa. elevates retired CEO to chairman’s post
William Davis Jr. was the company’s CEO from 1996 to 2009 ... Read full article
Higher rates, SEC settlement take big bite out of HomeStreet’s profit
The Seattle company warned that fourth-quarter profit could fall more than 80% from a year earlier. ... Read full article
Big banks report; Why Goldman is different
Big banks report; Why Goldman is different ... Read full article
Municipal finance gains traction at smaller banks
First Internet Bancorp is the latest institution to enter the business or to significantly expand operations. ... Read full article
Opus Co-President Allison steps down
The California bank, grappling with credit-quality issues, did not say when – or if – a successor will be named ... Read full article
First Interstate in Montana buys its naming rights from Wells Fargo
The company had been operating for years under a licensing agreement with the San Francisco banking giant. ... Read full article
First Citizens in N.C. to boost stake in Carter Bank in Va.
The company recently received Fed approval to increase its ownership in Carter to 9%. ... Read full article
Salisbury Bancorp to buy branch in N.Y.
Salisbury Bancorp in Lakeville, N.Y., has agreed to buy a branch from ES Bancshares in Newburgh. ... Read full article
There is plenty for banks to worry about in 2017
Any economic environment, including this one, has risks but it is unclear whether banks are sufficiently worried about what lies ahead. ... Read full article