First Reliance in South Carolina, which recently announced its first bank acquisition, is angling to take advantage of disruption caused by bigger mergers in the Carolinas.
Lynn Harton was finally named CEO of United Community Bank after a five-year apprenticeship, though Jimmy Tallent remains CEO of the parent company. The executives have long touted an ability to bounce ideas off each other as a reason for United's success.
The Pittsburgh company, pleased with employee and client retention from its March purchase of Yadkin Financial, is looking to hire lenders from other institutions.
The Tennessee company reported higher profit that reflected its June purchase of BNC Bancorp and nearly $670 million of organic loan growth during the second quarter.
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.
While industry consolidation remains slow compared with previous years, certain regions are humming along with strong volume and improved pricing. Here’s a look at each region based on June 30 data from KBW and S&P Global Market Intelligence.