
Paul Davis
Founder, Bank SlatePaul Davis is the founder of Bank Slate, a financial strategy and research firm. He previously led community bank coverage at American Banker.
Paul Davis is the founder of Bank Slate, a financial strategy and research firm. He previously led community bank coverage at American Banker.
Mike Butler will also become president of the de novo, which focuses on technology companies and venture capital firms.
The Tennessee company said an unauthorized party gained access to dozens of accounts and obtained less than $1 million from some of those accounts.
Mike Daniels has been president and CEO of Nicolet's bank since 2015.
The community banks join a growing list of banking companies closing locations as customer preferences shift to digital channels.
The Dallas company will pay nearly $54 million for a 49% stake in a lender that operates in 10 states.
The $56 million acquisition will extend Southern California Bancorp's footprint north of Los Angeles.
The Missouri company announced the deal just five months after buying Seacoast Commerce in San Diego.
The merger would create a company with nearly 400 branches, 87 loan production offices and $87 billion of assets.
The proposed acquisition is the second deal in as two days to involve an Atlanta-based seller.
The Illinois companies agreed to merge in a transaction that is expected to close later this year.