Equity in Kansas to enter Oklahoma with two acquisitions
The company will gain more than $500 million in assets after buying Eastman National and Cache Holdings. ... Read full article
The company will gain more than $500 million in assets after buying Eastman National and Cache Holdings. ... Read full article
Buying Capital Bank puts the company on a fast track for more regulatory scrutiny. Executives are identifying ways to boost revenue and taking other measures so it can handle the change. ... Read full article
First Horizon reported lower fee income in the second quarter. The company said it is making progress planning for its pending purchase of Capital Bank Financial. ... Read full article
First Citizens is pressuring KS Bancorp to sell even though the banks' operations overlap in many markets in eastern North Carolina. ... Read full article
Bank of the Ozarks recently dissolved its holding company in a move that goes against modern banking strategy. There are, however, strong arguments for other institutions to follow the bank's lead. ... Read full article
The Arkansas bank bought C1 Financial in Florida and Community & Southern Holdings in Georgia last year. ... Read full article
The Treasury Department will take a huge hit when Cecil Bancorp sells it bank, while 1st Mariner Bank in Baltimore will see its equity stake completely wiped out. Cecil opted for bankruptcy court when it was unable to resolve an impasse over its ... Read full article
The region is responsible for a third of all bank sellers — and more than half of the industry's overall deal volume. ... Read full article
Severn said it believes Mid Maryland Title Co. will complement its existing dealings in mortgages, commercial banking and commercial real estate. ... Read full article
Sellers may shy away from partnering with banks that rely too heavily on one individual for their success, so buyers must show they are ready to handle unexpected departures or illnesses involving key personnel. ... Read full article
The deal partners said the cost savings opportunities and international reach presented by the combination were appealing, and JPMorgan Chase said it won’t make a bid after being invited to consider an offer. ... Read full article
Its agreement to sell two branches to another Louisiana bank is part of a broader plan by MidSouth's new CEO to eliminate seven branches. ... Read full article
The $487 million deal would be OceanFirst's fourth, and largest, acquisition in its home state since 2015. ... Read full article
Higher dividends and more aggressive repurchase programs are bound to attract more investors, which could boost stock prices and prompt more dealmaking, analysts said. ... Read full article
The $231 million-asset bank in Virginia will also double its legal lending limit when it buys CCB Bancshares. ... Read full article
The North Carolina company's purchase of Chattahoochee Bank will add a branch and loan production office to its existing operations in northern Georgia. ... Read full article
The Georgia bank will pay $124 million for Four Oaks Fincorp, buying a bank with a large operation in Raleigh, N.C. ... Read full article
Meridian had been looking to expand in certain Boston suburbs before agreeing to buy Meetinghouse Bancorp for $17.8 million. ... Read full article
The $2.6 billion-asset parent of TBK Bank is acquiring nine branches from Independent Bank Group. ... Read full article
The company will also gain its first branches in New Mexico after it buys Peoples Inc. ... Read full article