FNS Bancshares in Ala. wades into Georgia with small bank acquisition
FNS Bancshares has agreed to buy Catoosa Bancshares in Fort Oglethorpe, Ga., in all-cash deal. ... Read full article
FNS Bancshares has agreed to buy Catoosa Bancshares in Fort Oglethorpe, Ga., in all-cash deal. ... Read full article
Under a consent order with Texas and seven other states, the Atlanta-based credit reporting firm agreed to shore up its information security efforts, but it will not have to pay any financial penalties. ... Read full article
Cadence first discussed a deal with the Atlanta target four years ago. But negotiations picked up steam once it was clear State Bank had other suitors. ... Read full article
Charter One wanted to sell itself quickly because it feared valuations had peaked, and CenterState was able to beat other potential suitors to the punch. ... Read full article
Ameris Bancorp said that Edwin Hortman will step down as president and CEO in July but will continue as chairman. ... Read full article
Brand Group in Georgia was mulling a public offering but it opted to test the waters as a seller first. That decision led to one of the biggest deals announced this year. ... Read full article
A lack of talent, capital and good business planning proved fatal for bank organizers in California and Georgia. ... Read full article
The company has also hit its goal of having half of total loans tied to customers around Atlanta. ... Read full article
State Bank popped up on the Houston company’s radar eight years ago, but management waited until now to strike. ... Read full article
The Houston company had been an interested, but selective, acquirer before announcing this year's biggest bank deal. ... Read full article
Buyers are scooping up many of the market's biggest banks, making it harder for others to gain scale. ... Read full article
The Florida company is also set to enter Alabama as part of the $360 million purchase. ... Read full article
The company agreed to buy Landmark Bancshare in Marietta, Ga., for $115 million. ... Read full article
The news of the data breach cast a shadow over relatively strong first-quarter earnings for the Atlanta bank. ... Read full article
United Community in Georgia tried hiring Lynn Harton in 2006, but he took another job. They kept in touch, and he's now poised to become the company's CEO. ... Read full article
Jimmy Tallent, who will become the Georgia company's executive chairman, will be succeeded by Lynn Harton ... Read full article
Renasant is requiring Brand Group to sell $55 million in classified loans before closing the deal, while attaching an incentive for the seller to get as much as possible for those sales. ... Read full article
The Mississippi company will gain nearly $2 billion in loans after it buys Brand Group Holdings. ... Read full article
LGE Community Credit Union has a deal to acquire Georgia Heritage Bank. It's the fourth time this year a credit union has agreed to buy a bank. ... Read full article
A Georgia Supreme Court case sheds light on the lengths that the often assailed industry has gone to shape policy outcomes. It also raises the question of whether, in evaluating industry-funded research, it is enough to assess the published study itself, ... Read full article