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Paul Davis

Recent Stories from This Author

Middlefield to Buy Liberty Bank in Ohio
July 28, 2016 Middlefield Banc Corp. in Ohio has agreed to buy Liberty Bank in Beachwood, Ohio.

CRE Exposure Looms Large Over Bank M&A
July 27, 2016 Suffolk Bancorp in New York, which recently agreed to be sold to People's United Financial, discouraged several suitors from...

First Commonwealth to Buy Branches from Huntington-FirstMerit
July 27, 2016 First Commonwealth Financial in Indiana, Pa., has agreed to buy all 13 branches being divested by Huntington Bancshares as...

Republic First in Pa. Enters Mortgage Lending with Acquisition
July 26, 2016 The $1.4 billion-asset company said in a press release Tuesday that it had agreed to buy Oak Mortgage Co. in Marlton, N.J.

EverBank in Talks to Sell Itself for $2.5 Billion
July 26, 2016 EverBank Financial in Jacksonville, Fla., confirmed that it is in talks to sell itself.

First South in N.C. Buys Portfolio of Mortgage Servicing Rights
July 25, 2016 First South Bancorp in Washington, N.C., has acquired a portfolio of mortgage servicing rights.

Anchor in Wash. Hires Investment Bank to Explore Options
July 25, 2016 Anchor Bancorp in Lacey, Wash., which has been facing pressure from a prominent activist investor to sell itself, has hired an...

LegacyTexas Considers MOE, Sale as $10B in Assets Looms
July 22, 2016 LegacyTexas Financial Group in Plano has met its original purpose of becoming a big player in its home market.

Citizens Bank to Buy American Trust Bank of East Tennessee
July 22, 2016 Citizens Bank in Elizabethton, Tenn., has agreed to buy American Trust Bank of East Tennessee in Knoxville.

SunTrust Reports Higher Profit, Spike in Energy Chargeoffs
July 22, 2016 SunTrust Banks in Atlanta on Friday reported a slight increase in profit that could have been greater were it not for a surge...

Big Regionals Forced to Expand and Rein In Costs at Same Time
July 21, 2016 Regional banks like BB&T, Huntington Bancshares and Citizens Financial are growing through acquisition and targeted...

BB&T Profit Rises on Loan Growth, M&A
July 21, 2016 BB&T in Winston-Salem, N.C., reported higher quarterly profit that reflected loan growth and its recent acquisitions.

F.N.B. to Enter N.C. with $1.4B Purchase of Yadkin Financial
July 21, 2016 F.N.B. Corp. in Pittsburgh is making a big play to enter North Carolina.

Arbor Bancorp to Buy Birmingham Bloomfield Bancshares in Mich.
July 20, 2016 Arbor Bancorp in Ann Arbor, Mich., has agreed to buy Birmingham Bloomfield Bancshares in Michigan.

Rose Hill Bank in Kan. Lines Up Next Chief
July 15, 2016 The $348 million-asset bank said in a press release Friday that Cuy Mauck will also become president when Roger Kepley retires...

Battered Regionals Pledge to Keep Fighting Against Tough Conditions
July 15, 2016 It's liable to be an uphill climb as banks try to boost revenue and hold profit steady over the rest of the year. Here's why.

Carver in N.Y. to Restate 2015 Results, Loss Expected
July 15, 2016 Carver Bancorp in New York will likely report a loss for fiscal-year 2015 after restating its results. The company disclosed...

PacWest's Profit Falls on Higher Expenses
July 15, 2016 PacWest Bancorp in Los Angeles reported lower quarterly profit as higher expenses offset gains from fees and loan growth.

Equity Bancshares to Buy Community First in Arkansas
July 14, 2016 The $1.5 billion-asset Equity said in a press release Thursday that it will pay $68.8 million in cash and stock for the $475...

Investors Push Commonwealth Business Bank to Explore Sale
July 14, 2016 Thatís the message that two funds have for directors of Commonwealth Business Bank in Los Angeles.

'Capital Doesn't Matter. Confidence Is What Matters'
Christopher Whalen, senior managing director and head of research at Kroll Bond Rating Agency, discusses the sorry state of European banks, the missteps by European Union regulators and the potential ramifications for financial institutions in the U.S.