Grant Bancshares is Texas-bound after agreeing to buy First Bank
The deal comes less than a week after the Louisiana company raised nearly $11 million. ... Read full article
The deal comes less than a week after the Louisiana company raised nearly $11 million. ... Read full article
Diverse economies and a limited number of sellers are making markets like Tampa, Fla., a hot spot for growth-minded banks. ... Read full article
The New Orleans company is comfortable buying with the deal despite MidSouth's lingering credit issues, given a shared history and the opportunity to add low-cost deposits. ... Read full article
MidSouth had spent the last two years improving credit quality by reducing its exposure to energy credits. ... Read full article
The company could use its share of proceeds from the IPO to repay debt and pursue bank acquisitions. ... Read full article
Congress granted banks significant reg relief last year, but incoming ICBA Chairman Preston Kennedy says a lighter touch is needed with Bank Secrecy Act rules, loan-loss modeling and call reports. ... Read full article
The Louisiana company got more aggressive with credit issues and recorded its final charge tied to addressing a regulatory order. ... Read full article
River Road Financial has agreed to buy Mississippi River Bank in a deal that will bring in a new CEO. ... Read full article
James McLemore, one of our community bankers to watch in 2019, has more energy loans to purge and must exit the Small Business Lending fund and a BSA-related enforcement action. ... Read full article
The Mississippi company will pay $86 million for seven branches with $318 million in deposits. ... Read full article
The company agreed to buy Mainland Bank for nearly $20 million in stock. ... Read full article
Community bankers take pride in their personal touch with customers, but they must extend it to mobile platforms. A good start is creating digital hubs that let customers view their full financial picture in one place, a chief technology officer says. ... Read full article
Jacobs Asset Management, which expressed frustration over a slow turnaround at MidSouth, said it could launch a proxy battle at next year's annual meeting. ... Read full article
The company will gain $305 million in assets after completing the $51 million acquisition. ... Read full article
The company said the move would help it become more efficient at a time when clients are making greater use of digital channels. ... Read full article
The company agreed to buy the parent of First National Bank of Crossett for about $13 million. ... Read full article
Dan Rollins engineered nearly a dozen deals while at Prosperity Bank. Now CEO at BancorpSouth, he has returned to M&A after spending four frustrating years dealing with compliance issues. ... Read full article
The Louisiana company has vowed to meaningfully improve investor returns and efficiency over the next two years. ... Read full article
The 106-year-old bank is looking to raise $90 million, with plans to use half of the funds to redeem outstanding preferred stock. ... Read full article
The Louisiana company recorded charges tied to recently passed tax reform and the purchase of Sabadell United Bank. ... Read full article