
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.
The company paid Driver Opportunity Partners nearly $10 million for the shareholder's stock and to resolve a longstanding legal battle.
The Maryland company recently raised $345 million to form the subsidiary and fund growth opportunities for its bank.
The company would gain 10 branches around Sacramento as part of the $135 million acquisition.
The Connecticut company will have more than 200 branches and $64 billion of deposits after completing the acquisition.
Organizers of Integrity Bank for Business must raise around $19.9 million before they can open the bank.
The company will gain seven branches, including one in Richmond, Va., after it acquires Sevier County, which is based in eastern Tennessee.
The Wisconsin company is paying $248 million for Mackinac, which has $1.5 billion of assets and $1.3 billion of deposits.
BancorpSouth would have $44 billion of assets after it buys Houston-based Cadence. The company will be rebranded, while the bank will retain the Cadence name.
The announcement comes about six months after Boston-based Eastern raised $1.7 billion through an initial public offering.
JAM FINTOP Banktech will fund startups that offer services designed for the banking industry. All 66 limited partners are banks.