FB Financial in Tenn. to exit wholesale mortgage lending


The company plans to sell its third-party origination channel to Renasant. It has also lined up a deal to sell its correspondent channel.


Advice to small banks: Resist urge to overautomate


Trying to keep pace with big banks that digitize as many processes as possible will undercut community banks’ strengths, according to speakers at this year’s ICBA convention.


Will banks turn the tables and buy credit unions?


More than 20 banks have been sold to credit unions. A prominent banking lawyer made the case at this year's ICBA convention that banks can become more aggressive acquirers.


Where the small-bank lobby will focus next


Congress granted banks significant reg relief last year, but incoming ICBA Chairman Preston Kennedy says a lighter touch is needed with Bank Secrecy Act rules, loan-loss modeling and call reports.


Tennessee bank shuffles management after chief's retirement


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.


First Horizon 4Q profit reflects focus on traditional banking


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.


SmartFinancial to nearly double in size with purchase of N.C. bank


The Tennessee company will have $4 billion in assets and 47 branches in six states when it buys Entegra Financial.


Atlantic Capital selling branches in north Georgia, Tennessee


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.


Fed allows investor to boost stake in CapStar


The Nashville, Tenn., company had opposed a request by Gaylon Lawrence to boost his ownership to 15%.


Farm Credit System makes a consumer push, and bankers push back


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.