north carolina

Live Oak seeks to recreate nCino's success with First Data's help

05/10/17

A tech JV between Live Oak and First Data aims to do for small-business deposits what the bank previously did for lending.

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First Horizon bets on SIFI changes with blockbuster deal

05/04/17

First Horizon CEO Bryan Jordan explains why he thinks policymakers will change the $50 billion asset cutoff and justify the regional bank's big acquisition.

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First Horizon to buy Capital Bank in N.C. for $2.2 billion

05/04/17

The acquisition will make the Tennessee company one of the biggest banks in the Southeast with more than $40 billion in assets.

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Why this banker is a buyer in a state filled with sellers

05/03/17

Richard Moore, CEO of First Bancorp in North Carolina, believes he can unlock more shareholder value through acquisitions and by taking advantage of disruption elsewhere.

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North Carolina bank feels sting of New Orleans bank failure

05/03/17

Entegra Financial disclosed that it held First NBC subordinated debt. An impairment charge tied to the bank's failure will lower Entegra's first-quarter results by $441,000.

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First Bancorp to buy ASB Bancorp in N.C.

05/01/17

First Bancorp has emerged as one of the few consolidators in North Carolina at a time when many other banks in the state have opted to sell.

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South State to buy Park Sterling in N.C. for $691 million

04/27/17

The acquisition will provide South State with more than $3 billion in assets and a larger operation in North Carolina.

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TowneBank in Va. to pay $323.7M for N.C. bank

04/27/17

TowneBank's acquisition of Paragon Commercial Bank would give it access to several North Carolina markets.

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F.N.B. absorbs lower short-term profit after completing Yadkin deal

04/25/17

Merger-related expenses cut into the Pittsburgh company's earnings, though management is excited about growth opportunities in North Carolina.

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BB&T accepts short-term earnings hit for higher profit in coming quarters

04/20/17

The North Carolina company reported lower net income from a year earlier after extinguishing nearly $3 billion in FHLB advances. BB&T also reported more regulatory charges as it deals with a consent order.

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