News Topic: north carolina

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. ... Read full article

The company, which agreed to buy Independence Bancshares, also brought in $25 million by selling common and preferred stock. ... Read full article

The new business will advise Live Oak clients on how to structure and finance acquisitions. ... Read full article

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 ... Read full article

The Pittsburgh company, pleased with employee and client retention from its March purchase of Yadkin Financial, is looking to hire lenders from other institutions. ... Read full article

KS Bancorp initially chided First Citizens for its aggressive moves before deciding to mull the offer over. ... Read full article

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. ... Read full article

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. ... Read full article

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. ... Read full article

First Horizon reported lower fee income in the second quarter. The company said it is making progress planning for its pending purchase of Capital Bank Financial. ... Read full article

First Citizens is pressuring KS Bancorp to sell even though the banks' operations overlap in many markets in eastern North Carolina. ... Read full article

The North Carolina company could issue $200 million in new securities over time to fund acquisitions and other investments. ... Read full article

The region is responsible for a third of all bank sellers — and more than half of the industry's overall deal volume. ... Read full article

The North Carolina company's purchase of Chattahoochee Bank will add a branch and loan production office to its existing operations in northern Georgia. ... Read full article

The Georgia bank will pay $124 million for Four Oaks Fincorp, buying a bank with a large operation in Raleigh, N.C. ... Read full article

Pinnacle Financial Partners closed in on $20 billion in assets by buying BNC. It now has to integrate the North Carolina bank, while finding ways to boost profit and adapt to increased regulatory burden. ... Read full article

Movement Mortgage, which is looking to ramp up lending, recently recapitalized First State Bank in Danville, Va. ... Read full article

The company agreed to pay $162 million to buy First South Bancorp in Washington, N.C. It is the fifth time this year that a bank in North Carolina has agreed to sell to a buyer from another state. ... Read full article