Recent Stories From this Author
Reliant in Tennessee in Talks to Sell to Commerce Union: Report
April 24, 2014 Reliant Bank in Brentwood, Tenn., is reportedly in talks to sell itself with Commerce Union Bank in Springfield, Tenn.
Activist Investor Stilwell Accuses Ill. Bank of Nepotism
April 24, 2014 Harvard Illinois Bancorp wants to name the son of a retiring director to replace him. It says the son is qualified for the...
Regions' Profit Taps Better Credit to Offset Mortgage Swoon
April 22, 2014 Regions Financial in Birmingham, Ala., reported lower first-quarter results as improved credit and lower expenses failed to...
Community Bank Shares to Buy First Financial Service in Kentucky
April 22, 2014 Community Bank Shares of Indiana (CBIN) in New Albany has agreed to buy First Financial Service (FFKY) in Elizabethtown, Ky.
Heritage Financial to Buy Alarion in Florida for $22 Million
April 22, 2014 Heritage Financial (HBOS) in Albany, Ga., has agreed to buy Alarion Financial Services in Ocala, Fla.
Unity in N.J. Looks to Raise $6M in Rights Offering
April 15, 2014 Unity Bancorp (UNTY) in Clinton, N.J., plans to raise up to $6 million through a rights offering.
Live Oak in N.C. Planning IPO, nCino Spinoff
April 15, 2014 Live Oak Bancshares is planning an initial public offering that could yield as much as $86 million for the Wilmington, N.C.,...
Liberty Bell in N.J. Selling Large Stake to Biggest Investor
April 14, 2014 Kenneth Lehman is getting ready to increase his stake in Liberty Bell Bank in Marlton, N.J.
Virginia National Pressured by Activist to Consider Selling
March 17, 2014 Virginia National Bankshares (VABK) in Charlottesville, Va., is facing pressure from an activist investor to consider selling...
Huntington in Ohio Snags U.S. Bancorp Executive as CFO
March 17, 2014 Huntington Bancshares (HBAN) in Columbus, Ohio, has poached as executive from U.S. Bancorp (USB) as its new chief financial...
Mutual Thrifts in Massachusetts, Florida File Conversion Plans
March 13, 2014 A trio of mutual thrifts have filed paperwork to sell a total of $350 million in stock as part of planned conversions to stock...
Royal in Pennsylvania to Sell $14M in Stock
March 11, 2014 Royal Bancshares of Pennsylvania (RBPAA) in Narbeth has agreed to sell nearly $14 million in stock through private placements.
Activist Investor Stilwell Pressures Two More Community Banks
March 10, 2014 Joseph Stilwell said in recent regulatory filings that he wants Fairmount Bancorp in Baltimore and Harvard Illinois Bancorp to...
NFL Legend Jerry Rice Advises Bankers to Work Hard, Tune Out Critics
March 6, 2014 How do you top a guest speaker like all-everything quarterback Joe Montana at your banking conference? Bring in his former...
Team Capital in Pa. Sought Buyers After Receiving Unsolicited Bid
February 25, 2014 An unsolicited offer from an unnamed institution prompted Team Capital Bank in Bethlehem, Pa., to explore selling itself.
Stilwell Launches Proxy Fight to Force Poage Bancshares to Sell
February 24, 2014 The New York fund is irate that Poage Bankshares has agreed to buy another Kentucky bank. The activist investor would prefer...
Frank Holding Sr. Retiring from First Citizens in North Carolina
February 24, 2014 First Citizens BancShares (FCNCA) in Raleigh, N.C., said that another key member of its controlling family is stepping down.
Fed's Foreign Capital Clout; More Money for Moynihan
February 20, 2014 Receiving Wide Coverage ... Is it Time to Tighten Up? That is the question that some Fed officials apparently raised during...
Banner to Buy Six Oregon Branches from Sterling
February 19, 2014 Banner Corp. (BANR) in Walla Walla, Wash., has agreed to buy six branches in Oregon from Sterling Financial (STSA) in Spokane,...
BNC Deal in N.C. Shows Timing's Importance with M&A
February 19, 2014 South Street Financial had just given up on raising capital and had hired Raymond James to evaluate possible suitors when a...