Franklin Financial, which was recently freed from a memorandum of understanding, has installed interim leaders following its founding CEO's retirement and his son's resignation. ... Read full article
The Tennessee company is pleased with loan growth. It has also been able to reduce its dependence on brokered deposits as it brings in new customers following its purchase of Capital Bank. ... Read full article
The Tennessee company will have $4 billion in assets and 47 branches in six states when it buys Entegra Financial. ... Read full article
The company is selling 14 branches, including several around Chattanooga, Tenn., and its mortgage business to FB Financial so it can focus on its Atlanta operations and national lending businesses. ... Read full article
The Nashville, Tenn., company had opposed a request by Gaylon Lawrence to boost his ownership to 15%. ... Read full article
Bankers complain that the quasi-governmental system's new program designed to make more residential loans in four states goes well beyond its original mission. ... Read full article
The Tennessee regional said the sale should boost quarterly profit by $160 million. ... Read full article
One-time items included $43.2 million of second-quarter expenses related to the Capital Bank acquisition, but First Horizon executives forecast sizable savings from the deal. ... Read full article
P. Byron DeFoor, who already has majority stakes in two community banks, is planning to buy First Columbia Bancorp. ... Read full article
FNS Bancshares has agreed to buy Catoosa Bancshares in Fort Oglethorpe, Ga., in all-cash deal. ... Read full article
SmartFinancial has agreed to buy Foothills Bancorp for $36 million. It would be SmartFinancial's fifth bank acquisition since 2012. ... Read full article
Studio Bank is set to become Nashville's first new bank since 2008. Organizers raised $46 million earlier this year. ... Read full article
The company will pay $114 million to gain 10 branches and $482 million in assets. ... Read full article
Fulton Financial, Univest Corp. of Pennsylvania and Franklin Financial disclosed a total of $75 million in exposure to the commercial relationship. ... Read full article
As other banks de-emphasize mortgage lending, Citizens is spending half a billion dollars to buy a large originator with a big servicing portfolio. ... Read full article
James Ayers' stake in the Tennessee company will drop below 50% after a planned stock offering. ... Read full article
The Nashville company significantly reduced the 2018 earnings projection for its mortgage business. ... Read full article
Organizers of Studio Bank in Nashville have raised more than $40 million, satisfying the minimum amount set by regulators. ... Read full article
The Alabama bank agreed to buy Peoples Bank for $23 million as part of a plan to target new Southeastern markets. ... 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
