News Topic: Community banking

The sale should increase Shore's capital levels and allow it to expand its banking activities. ... Read full article

Colony will also gain a loan production office in Atlanta when the transaction closes. ... Read full article

Ameris has agreed to pay $751 million for Atlanta-based Fidelity; the combined company would have $16 billion in assets. ... Read full article

In a rare move, Maryland Financial is voluntarily liquidating after its customer base shrank and efforts to sell itself failed. ... Read full article

Chicago Deferred Exchange, which helps clients defer tax hits from property sales, had about $1 billion in deposit flows this year. ... Read full article

Branch acquisitions, once a popular way to scale up in new markets, have started to go by the wayside in the digital age. ... Read full article

Live Oak Bancshares became an SBA juggernaut by making loans, selling them and making more. With economic conditions changing, it is retaining more credits. ... Read full article

Blue Lion Capital said Johnny Guerry, who was sparred with other community banks, will assist in efforts to pressure the Seattle bank to improve its performance or sell itself. ... Read full article

The directory, which will debut next year, should help community banks find potential fintech partners. ... Read full article

The San Diego bank has agreed to assume $225 million in deposits at no premium from Modern Woodmen of America, which is shuttering MWABank, its direct bank subsidiary. ... Read full article

Virginia Partners will operate as a separate bank unit after the deal closes. ... Read full article

The Wilmington, Del., company has identified the 30 branches it plans to close or sell following its acquisition of Beneficial Bancorp in Philadelphia. Most the the closures will take place in Pennsylvania. ... Read full article

Morris State will pay $24 million for the parent of Farmers & Merchants Bank. ... Read full article

When Trinity Capital in New Mexico put itself up for sale last summer, it reached out to several local banks to gauge their interest. Then came a surprise offer from a suitor based a thousand miles away. ... Read full article

Millyard Bank aims to become the state's second post-crisis de novo. Primary Bank opened in 2015. ... Read full article

Brad Sherman of California and Gregory Meeks of New York are worried the proposed accounting standard for recording loan losses will reduce access to credit for small businesses and low- and moderate-income communities. ... Read full article

The $180 million acquisition is the first for Berkshire since the sudden departure of CEO Michael Daly. ... Read full article

The $25.5 billion-asset company has also restructured its securities portfolio as part of a broader effort to reduce costs and improve profits. ... Read full article