News Topic: Community banking

The Mississippi bank will pay up to $100 million to expand in southwest Alabama and Dallas. ... Read full article

The Arkansas company will pay $170 million to buy Reliance Bancshares. ... Read full article

The company will also restate financials for the first half of 2018 to correct how it classified cash flow activities tied to commercial mortgage warehouse lending. ... Read full article

The proposed merger of two family-owned institutions would create a $5 billion-asset bank in Texas. ... Read full article

Organizers of Community Bank of the Carolinas in Winston-Salem have raised $18 million. The group has to bring in at least $25 million. ... Read full article

After bringing in a new leader and overhauling its board, Freedom Bank in northern Virginia is looking at digital upgrades and expansion into new markets to stay relevant. ... Read full article

The industry saw some well-known executives step down from their roles or take on new ones during the past month. ... Read full article

Entrepreneurship among veterans has been declining over the past 20 years, according to a report by the SBA and the New York Fed. ... Read full article

The Nashville, Tenn., company had opposed a request by Gaylon Lawrence to boost his ownership to 15%. ... Read full article

Northern Oak Wealth Management is a registered investment adviser with $800 million in assets under management. ... Read full article

Readers sound off on the 2018 midterm election results, OCC's Otting defending his agency's right to charter fintechs, and predictions the plastic credit card is nearly dead. ... Read full article

Examiners could have done more to minimize the brunt to the Deposit Insurance Fund from Washington Federal Bank for Savings, which hid fraudulent loans and will cost the fund more than $80 million, according to a report from the Treasury’s inspector ... Read full article

Raises for the rank and file have fueled investor complaints that banks aren’t keeping a lid on expenses. Executives say the pay increases have lowered turnover and improved customer service. ... Read full article

Blake Edwards Jr. will take the helm at the parent of Skyline National Bank when J. Allan Funk retires next month. ... Read full article

Will it be a bigfoot from Amazon, Google and Apple, or death by a thousand bites from niche rivals? Or can banks rally and fend off the insurgents? ... Read full article

The Virginia company said that Carolina State Bank is on pace to open later this month. ... Read full article

The consortium is starting out with a dozen banks and could have 50 within a year. ... Read full article

The Mississippi company will pay $86 million for seven branches with $318 million in deposits. ... Read full article