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Paul Davis

Recent Stories from This Author

Lakeland in N.J. to Sell $50M in Stock Over Time
December 9, 2016 Lakeland Bancorp in Oak Ridge, N.J., has filed the paperwork to sell up to $50 million shares of common stock.

1st Capital in Calif. to Start Offering Mortgages, Home-Equity Lines
December 9, 2016 A California bank is planning to add mortgages and home equity lines to its product set.

Renasant in Miss. Exits FDIC Loss-Share Agreements
December 9, 2016 Renasant in Tupelo, Miss., is the latest banking company to get out of loss-share agreements with the Federal Deposit...

SmartFinancial to Buy Tennessee Branch from Atlantic Capital
December 9, 2016 SmartFinancial in Knoxville, Tenn., has agreed to buy a branch in Tennessee from a division of Atlantic Capital Bank in Atlanta.

How to Spend $1B: A Nice Problem Facing a Dozen Community Banks
December 8, 2016 A dozen publicly traded banks have raised more than $1 billion in recent weeks, taking advantage of surging stock prices....

NexTier to Buy Manor Bank in Pennsylvania
December 7, 2016 The $1.2 billion-asset NexTier said in a press release Wednesday that it will pay $2.3 million, or $531.55 a share, in cash...

PrivateBancorp Postpones Meeting as Investor Support for CIBC Deal Erodes
December 7, 2016 PrivateBancorp in Chicago has postponed a special meeting where investors were set to vote on its sale to Canadian Imperial...

Safra National in N.Y. to Buy Private Banking Business
December 6, 2016 Safra National Bank of New York has agreed to buy Bank Hapoalim's private-banking business in Miami.

Texas State Bankshares to Buy Blanco National
December 6, 2016 Texas State Bankshares in Harlingen has agreed to buy Blanco National Holdings.

TriState Nixes Fixed-Income Deal, Loses Big Asset Management Account
December 6, 2016 TriState Capital Holdings in Pittsburgh has terminated an agreement to buy a fixed-income team.

First NBC in La. Replaces CEO as Part of Management Shake-Up
December 6, 2016 First NBC Bank in New Orleans, which has been dealing with issues tied to its tax-credit business and concerns about capital,...

Berkshire Hills Buys Wealth Management Business in Vermont
December 5, 2016 The $9 billion-asset company said in a press release Monday that it bought the business assets of Ronald N. Lazzaro in...

Community Bank System in N.Y. to Buy Retirement Planning Firm
December 5, 2016 Community Bank System in DeWitt, N.Y., has agreed to buy Northeast Retirement Services in Woburn, Mass.

Fentura in Michigan to Raise $15 Million
December 2, 2016 Fentura Financial in Fenton, Mich., is the latest banking company to outline plans to sell common stock.

Carlyle Group Sells Remaining Stake in Georgia's Brand Group
December 2, 2016 Carlyle Group has liquidated its remaining stake in Brand Group Holdings in Lawrenceville, Ga.

Radius Bank in Boston Buys National Equipment Finance Business
December 2, 2016 Radius Bank in Boston has bought a national equipment-finance business from NewStar Financial in Boston.

Iberiabank in La. to Raise $255M in Stock Offering
December 2, 2016 Iberiabank in Lafayette, La., is planning to raise at least $255 million from a common stock offering.

Opus in Calif. Hires Former City National Exec for Senior Credit Post
December 2, 2016 Opus Bank in Irvine, Calif., continues to bolster its credit ranks following a surprising third-quarter loss.

Private Equity to Partially Cash Out of First BanCorp in P.R.
December 1, 2016 A pair of First BanCorp's biggest investors will partially liquidate holdings in the San Juan, Puerto Rico, company.

CenterState to Buy Gateway Financial in Florida
December 1, 2016 CenterState Banks in Winter Haven, Fla., has agreed to buy Gateway Financial Holdings of Florida in Daytona Beach.

Podcast
In this episode of Breaking Banks: American Banker's Innovator of the Year, John Hope Bryant of Operation Hope; Richard Brown and Charley Cooper of the blockchain consortium R3; and Ravi Srinivasan, who describes India's drastic move to stamp out cash.