Paul Davis

The acquisition is the first for Hope since a transformative merger last year.

The Virginia bank has agreed to buy Tidewater Mortgage’s majority stake in Old Point Mortgage.

HCBF, once an aggressive acquirer, hadn't announced a deal in nearly two years.

The bank is among a handful of de novos to have its charter approved since 2009.

The $1.9 billion deal – the industry's largest announced in 2017 – will create a bank with nearly $20 billion in assets.

The South Carolina company plans to use proceeds for acquisitions and organic growth.

Quarterly profit fell at SunTrust Banks in Atlanta as noninterest expense rose 8.4% and its loan-loss provision increased.

The company is selling common and preferred stock in a private placement.

Matt Machen, who previously served as the company’s president, has been at Bear State since 2011.

Kim Ruth once served as a state president for Bank of America in Texas.

The $190 million deal would push Renasant above the $10 billion-asset regulatory threshold.

About $12 million of the proceeds will go toward exiting the Small Business Lending Fund.

Ategra Community Financial Institution Fund believes the move would improve independent oversight of management.

The company sued the former director over the debt, which disqualified him from board service.

Violations of Bank Secrecy Act and anti-money-laundering compliance remain a hot topic for financial institutions as regulators can bar them from branch building and bank acquisitions. Here are some notable regulatory actions that are still unresolved.

The deal expands Post Oak’s existing operations around Houston

William Davis Jr. was the company’s CEO from 1996 to 2009

The Seattle company warned that fourth-quarter profit could fall more than 80% from a year earlier.

The company had been operating for years under a licensing agreement with the San Francisco banking giant.

The company recently received Fed approval to increase its ownership in Carter to 9%.