BayCom adding Colorado branches with Grand Mountain purchase
The California company agreed to pay $14 million in cash for a bank with $131 million in assets. ... Read full article
The California company agreed to pay $14 million in cash for a bank with $131 million in assets. ... Read full article
First Horizon and Iberiabank solidified their resolve after BB&T and SunTrust announced their merger. Bryan Jordan, First Horizon's CEO, says he's convinced the earlier deal is having a similar influence at other regional banks. ... Read full article
Verdigris Bank would also rely heavily on technology as part of its business plan. ... Read full article
The acquisition will create a Southeastern regional with $75 billion in assets across 11 states. ... Read full article
The Phoenix company did not provide a reason why James Haught, who was also chief operating officer, left. ... Read full article
The FDIC sold the operations of City National Bank of New Jersey, a minority depository institution, to Industrial Bank in Washington, D.C., in the year's fourth closure. ... Read full article
Panelists at the ABA's annual conference said that reviewing and updating procedures and marketing tactics can help bring in more accounts. ... Read full article
The Dallas company said it should be able to avoid restating past financial results. Hilltop also reported higher quarterly earnings boosted by a increase in mortgage activity. ... Read full article
The credit they received in the third quarter is helping to soften the blow from falling net interest margins and weakening loan demand. ... Read full article
The Tennessee company, which was outbid in an effort to buy a North Carolina bank earlier this year, will pay $41 million for a branch network in the middle part of its home state. ... Read full article
The Pennsylvania company will pay $346 million for MutualFirst Financial. ... Read full article
Executives at banks in California say there's only so much they can do until the flames subside. ... Read full article
It's difficult to recruit and retain talent amid low unemployment, while uncertainty about GSE and BSA reform makes planning harder, bankers said at the ABA convention. ... Read full article
Many small banks remain skeptical of the payments network because it is owned and operated by big banks and they are waiting for the Federal Reserve to launch a rival service. ... Read full article
The company will buy two suburban locations from North Shore Bank. ... Read full article
Steven Retzloff, the company's president, will succeed George Martinez in January. ... Read full article
On Jun. 30, 2019. Dollars in thousands. ... Read full article
On Jun. 30, 2019. Dollars in thousands. ... Read full article
Laurie Stewart says a string of bank sales to credit unions supports the case that the latter's tax-exempt status should be eliminated. ... Read full article
Louisa Community Bank and Resolute Bank were closed on Friday, raising the year's total to three failures. ... Read full article