Community banking

KleinBank to sell three branches to Minnesota credit union

01/19/18

Wings Financial Credit Union will also gain about $40 million in deposits and $10 million in loans.

[more]

Dime finds it hard to, well, turn on a dime scaling back CRE

01/19/18

The New York multifamily lender is making steady progress in a multiyear effort to reduce its dependency on commercial real estate.

[more]

BankFirst in Miss. raises $16M through private placement

01/19/18

The company sold common stock to employees, existing shareholders and new investors.

[more]

Group plans de novo bank in Las Vegas

01/18/18

Organizers of Sterling Bank have filed an application with the FDIC and have set a $20 million capital target.

[more]

CNB Bank Shares adds scale in central Illinois with Jacksonville Savings deal

01/18/18

The company will pay $62 million in cash for a bank with four branches and $337 million in assets.

[more]

Credit costs, tax reform take bite out of Home BancShares' profit

01/18/18

The Arkansas company's earnings fell 52% from a year earlier, reflecting a higher provision, a revaluation of its deferred tax asset and higher costs following a series of bank acquisitions.

[more]

Hancock reports higher profit despite energy exposure, tax reform hit

01/17/18

The Mississippi company reported strong loan growth, even as it reduced exposure to energy-related borrowers. Higher revenue also helped Hancock lower its efficiency ratio.

[more]

Riverview in Washington prepares for first new CEO in four decades

01/17/18

Kevin Lycklama is set to succeed Patrick Sheaffer, who has led the company since 1976.

[more]

San Diego de novo bank sets opening date

01/17/18

Endeavor Bank, which raised nearly $27 million, will become the second new bank to open in California in the past year when it debuts next week.

[more]

Liberty Bancorp to buy Lawson Financial in Missouri

01/17/18

Liberty will add a branch in Kansas City, Mo., along with three locations in nearby communities.

[more]