Paul Davis

The Maryland company agreed to improve its risk and compliance controls, estimating that it will cost $2 million to make changes.

Amerant Mortgage includes several former bankers from City National Bank of Florida in Miami.

Nitin Mhatre, who ran Webster's consumer and business banking operations, will become the company's third CEO in less than three years.

The Louisiana company has agreed for the second time to acquire Cheaha Financial Group in Alabama.

The upstate New York company unloaded three loans, joining a short list of lenders that have purged problematic credits during the pandemic.

The Connecticut company said it will take several years to shut down the locations, which are located in Stop & Shop stores. About 80% of the branches are within five miles of traditional locations.

The investments, part of a post-merger effort to wring out more profits, include new commercial and mortgage lending platforms.

Sandy Spring Bancorp also plans to shrink its network as more customers move to digital channels.

Southern Bancorp, which recently raised $35 million in capital, agreed to acquire DeWitt First Bankshares, the parent of Arkansas County Bank.

The Illinois company has agreed to pay $191 million for the parent of Glenview State Bank.