Customers Bancorp CEO Sidhu looks to reinvent his bank — again
The veteran banker wants to turn his Pennsylvania bank into a major business lender. But first he has to spin off the buzzy digital-only bank he helped build. ... Read full article
The veteran banker wants to turn his Pennsylvania bank into a major business lender. But first he has to spin off the buzzy digital-only bank he helped build. ... Read full article
Scott Page, CEO of CoBiz Bank, will retire in a few days. He will be succeeded by Steven Bangert, the company's chairman and CEO. The company's chief financial officer will also become its chief operating officer. ... Read full article
The company will gain four Chicago-area branches as part of the $41 million all-cash acquisition for the parent of ABC Bank. ... Read full article
David Becker is trying to prove to investors that his Indiana bank can succeed over the long term. With the rise of online banking and fintech firms, Becker is a community banker worth watching in the new year. ... Read full article
Bank M&A started off with a bang this year, with eight of the 10 biggest deals taking place in the first six months. North Carolina and Florida accounted for six deals on the list. ... Read full article
The acquisition will give LCNB its first branch and deposits in the Columbus, Ohio, market. ... Read full article
Heritage Commerce will pay $32 million for Tri-Valley in a deal that should be accretive to tangible book value and earnings. ... Read full article
Amalgamated in New York wants to enter several left-leaning cities across the country, but it might be tough to find more like-minded banks to buy. ... Read full article
The company agreed to buy PBB Bancorp in Los Angeles just five weeks after completing its last bank acquisition. ... Read full article
The market for initial public offerings was the best since 2014, reflecting a surge in bank stocks and a need to fuel expansion plans. ... Read full article
The company has agreed to buy Kansas Bank Corp. and Adams Dairy Bancshares in separate transactions. ... Read full article
Southeastern Trust is being sold to a group led by the unit's management team. ... Read full article
The planned purchase of Home BanCorp will nearly double the size of First Citizens' branch network in the Sunshine State. ... Read full article
Amalgamated's purchase of New Resource Bank is part of a broader strategy to enter more U.S. markets. ... Read full article
Ken Veccione, who rejoined the Arizona company earlier this year, is set to succeed Sarver. ... Read full article
The company will pay $186 million for First Bank Lubbock in a deal that also includes mortgage unit PrimeWest Mortgage. ... Read full article
The company will also gain branches in northern Alabama when it buys Tennessee Bancshares. ... Read full article
The company agreed to pay $18 million for Atlantic Bancshares in a deal that will increase its operations along South Carolina's coast. ... Read full article
A group has filed an application for form a bank in Birmingham, a city with a large pool of bankers and a steadily growing economy. ... Read full article
John Kimberly, who was CEO of a bank that CAB bought in 2014, is set to take the helm on Jan. 1. ... Read full article