News Topic: north carolina

Two groups have announced plans to open banks in the state, and several others have had talks with regulators. Is there room for more? ... Read full article

Spirit Community Bank is being planned in Statesville, a community located about 45 miles north of Charlotte. A separate set of organizers has already shared plans to open a bank east of Charlotte. ... Read full article

Parkway Acquisition in Virginia has agreed to buy Great State Bank for nearly $15 million. ... Read full article

The North Carolina bank is the latest regional to experience a widespread outage. ... Read full article

Banks may start paying special dividends now that capital levels have improved. ... Read full article

Organizers aiming to open a de novo just outside Charlotte say there's a need for a new community bank after several years of consolidation in the market. ... Read full article

First Citizens, which wants to buy KS Bancorp, has filed a lawsuit to challenge a so-called poison pill provision that the much smaller bank's board recently passed. ... Read full article

Just two months after a capital infusion, First Capital Bancshares added banking veterans including John McCoy and Harvey Glick as directors in a board overhaul, changed CEOs, and decided to move its corporate headquarters to Charleston, S.C. ... Read full article

The as-yet-unnamed bank, which would be based near Charlotte, N.C., would be led by Randy Helton, a former CEO at American Community Bancshares. ... Read full article

The regional bank sold the business, which serves about 90 clients, to a New York commercial finance firm. ... Read full article

The bank said it plans to use proceeds from the placement to expand its operations. ... Read full article

Burned by a 2007 deal in Florida, Park National in Ohio had several years to reflect on lessons learned before agreeing to buy NewDominion Bank in Charlotte, N.C. ... Read full article

NewDominion, which has completed an improbable turnaround, is the last community bank based in Charlotte, N.C. ... Read full article

Highlights at the North Carolina bank included deposit service charges, CRE lending and wider margins, which all offset one-time costs related to tax reform. ... Read full article

The company, which bought BNC Bancorp to enter North Carolina last year, recorded $19.1 million in merger-related expenses and an $8.3 million pretax loss tied to investment securities. ... Read full article

If Congress doesn’t take the lead on better protecting consumers from data breaches, states are more than ready to offer their own fixes. Bankers will also be keeping close tabs on bills related to marijuana, PACE loans and elder financial abuse. ... Read full article

NewDominion Bank and M&F Bank are among the institutions willing to leave the industry's comfort zone to reach younger prospects. ... Read full article

Banks, especially smaller institutions, will be forced to find more ways to differentiate, Bryan Jordan said in an interview that also covered his company's recent purchase of Capital Bank and how tax reform will immediately stimulate the economy. ... Read full article