Coastal Financial in Everett, Wash., said that it could be active in M&A with capital from its IPO and that it has already identified several possible targets.
Jeff Deuel will take over as CEO of Heritage Bank in Olympia, Wash., for Brian Vance, who will remain as the head of the holding company until next year.
While sellers in urban centers are getting a lot of attention from acquirers, Southern Bancorp in Arkansas shows the upside of pursuing smaller deals in underserved rural markets.