News Topic: north carolina

Live Oak is the latest bank to jump into this niche lending area. But some warn they are beginning to see cracks in credit quality. ... Read full article

A group in North Carolina has finally gone public with its brand, and three other de novos have already been rebranded. ... Read full article

KS Bancorp is buying back all the shares that First Citizens acquired in an effort to take over the much smaller bank. ... Read full article

The $350 million acquisition is among the biggest bank mergers announced so far this year. ... Read full article

KS Bancorp wants to become a corporation in business-friendly Delaware, which would be more likely to back its defensive-minded share-rights plan. ... Read full article

Buyers are scooping up many of the market's biggest banks, making it harder for others to gain scale. ... Read full article

Live Oak Bancshares wants its next bank president to “step on the gas” as it accelerates growth into new industries. ... Read full article

The high-profile hiring of Huntley Garriott comes a year after the North Carolina company had brought on a veteran banker to run the unit. ... Read full article

The North Carolina company's efforts to contain expenses made up for a marginal increase in revenue. ... Read full article

A Virginia bank's decision to pursue a charter in North Carolina puzzles some observers, given the added complexity and costs. ... Read full article

The company, which completed a major acquisition last year, said tax reform will help it generate a higher return on average assets. ... Read full article

Chris Marshall, a former CFO at Capital Bank Financial, will help Tax Guard recruit bank and nonbank clients. The firm uses technology to let lenders know if potential clients owe money to the IRS. ... Read full article

The bank, which already offers mortgages through seven offices across North Carolina, is the fourth group to announce plans for a de novo in the state. ... Read full article

KS Bancorp, which is trying to avoid a hostile takeover, may be facing a skirmish with an activist investor over one of its board seat. ... Read full article

Live Oak Bancshares took two years developing a loan for cemetery operators, a group that faces challenges with financing for property improvements. ... Read full article

A judge in North Carolina granted a request by First Citizens to block KS Bancorp from enacting a shareholder rights plan. ... Read full article

Park National, which came to regret its acquisition of a Florida bank just before the financial crisis, took more than a year to vet NewDominion before making an offer. ... Read full article

Organizers in Winston-Salem are planning to raise at least $25 million to form Community Bank of the Carolinas. ... Read full article