The company recently received Fed approval to increase its ownership in Carter to 9%.
Any economic environment, including this one, has risks but it is unclear whether banks are sufficiently worried about what lies ahead.
Salisbury Bancorp in Lakeville, N.Y., has agreed to buy a branch from ES Bancshares in Newburgh.
Huron Community Financial Services in East Tawas, Mich., is getting ready to offer insurance products.
First Business in Wis. to consolidate bank charters-
The U.K.-based firm has raised $373 million from investors since it was founded in 2010.
The company will pay $23.4 million for the $194 million-asset parent of Capaha Bank.
Larry Mazza, MVB’s chief executive, joined the board at BillGO.
First Community Bancshares in Bluefield, Va., spent $15.5 million to buy back the securities.
There is optimism that consolidation could bounce back from a lackluster 2016 as bank stock rally. At the same time, expectations of regulatory easing and tax reform could entice more banks to stay independent, at least in the short term.
