Community banking

Signs point to more bank-nonbank M&A in 2021

01/27/21

Acquisitions of wealth management, insurance, fintech and other firms are expected to pick up as banks seek new sources of fee income and look to improve digital capabilities.

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Kentucky banks agree to merge

01/27/21

Stock Yards Bancorp in Louisville says it would pay $190 million in cash and stock for Kentucky Bancshares.

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Shareholder amplifies concerns about sale price in Boston Private deal

01/27/21

The investment fund HoldCo Asset Management said the $900 million price tag of the agreement with SVB Financial Group “substantially undervalues” Boston Private Financial Holdings.

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Don’t lose sight of what matters most: The customer

01/15/21

In these uncertain times, strengthening relationships with clients is the one thing front-line bankers can control.

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Essex Savings in Connecticut lines up next CEO

01/14/21

Diane Arnold, who will succeed the retiring Gregory Shook in July, has been with the bank since 2002. She is currently the chief lending officer.

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BancorpSouth to buy FNS Bancshares in Alabama

01/13/21

The Mississippi bank will pay $108 million for the parent of FNB Bank, which has branches in Alabama, Georgia and Tennessee.

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D.C. banker poised to lead nation's biggest Black-run bank after merger

01/04/21

Brian Argrett, whose City First Bank is being sold to Los Angeles-based Broadway Financial, would take the helm of the combined company at a time of increased national interest in reinvigorating minority-owned financial institutions.

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Tall order for startup's leader: Keeping PPP borrowers in fold

12/30/20

Triad Business Bank opened in North Carolina shortly before the launch of the Paycheck Protection Program, which brought in many clients. CEO Ramsey Hamadi, one of our community bankers to watch in 2021, will have to work hard to retain them after their loans are forgiven.

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OceanFirst chief eyes possible merger of equals next year

12/29/20

Chris Maher recently unloaded loans hurt by the coronavirus shock, convinced he was freeing the New Jersey company of baggage that could impede a large M&A deal. This assertive move makes him one of our community bankers to watch in 2021.

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First Reliance in S.C. cites growth push in announcing executive moves

12/28/20

The company promoted two executives as part of an effort to revamp its leadership team and establish a bigger presence in the Carolinas.

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