Enterprise entering New Mexico with Trinity Capital purchase
The Missouri company will pay $213 million for the largest bank in Los Alamos, N.M. ... Read full article
The Missouri company will pay $213 million for the largest bank in Los Alamos, N.M. ... Read full article
The Dallas bank inherited the five Bank of the Hills branches when it acquired Sterling Bancshares in 2011. ... Read full article
Argent Financial Group will buy Live Oak's pre-need funeral trust business in a deal set to close later this year. ... Read full article
Brad Hanson has been with the South Dakota company since founding its payment services division in 2004. ... Read full article
The $45 million purchase will provide Peoples with eight branches and $244 million in deposits. ... Read full article
The merger could help make open source and cloud computing more commonplace at banks. But it may have an unintended consequence as well. ... Read full article
OceanFirst Financial's acquisition of Capital Bank of New Jersey would strengthen its presence in the southern part of the state and Philadelphia. ... Read full article
ATBancorp had an unusual footprint that included a small bank and a number of fee-based businesses. But it had to slim down before it could find a buyer. ... Read full article
Popular's 16% gain in deposits and a recent acquisition bode well for its future even though there has been a major net loss of residents since Hurricane Maria. ... Read full article
Orrstown will pay $59 million in cash and stock to gain seven branches and $409 million in deposits. ... Read full article
Frank Sorrentino, CEO of ConnectOne, says bankers who are unwilling, or unable, to invest in technology upgrades may have to find buyers as competition heats up. ... Read full article
The Columbus, Ga., company ramped up its business and consumer lending even as it scaled back lending on construction and commercial real estate projects. ... Read full article
On paper, conditions would seem favorable for regional banks to pursue acquisitions in order to overcome organic growth challenges. But executives have poured cold water on that idea in recent days. ... Read full article
The company will pay $42 million for Oak Park River Forest Bancshares. ... Read full article
Commercial and industrial lending rose 8% in the third quarter at the Cleveland bank, but other factors drove its double-digit gain in profits as overall loan growth was modest. ... Read full article
The company said it is trying to improve shareholder returns as rising rates cut into its net interest margin. ... Read full article
Many community banks face the same challenges that drove AJS Bancorp to become a seller, but few if any would go to the lengths that it did to seek a buyer. ... Read full article
BankMobile will remain part of Customers for at least two years after regulatory snags derailed a plan to transfer the unit to a Florida bank. ... Read full article
ABA Insurance Services, which is owned American Bankers Mutual Insurance, offers a range of services to banks, small businesses and nonprofits. ... Read full article
The Montana company will spend $200 million to buy Idaho Independent and Community 1st Bank. ... Read full article