Paul Davis

Steven Retzloff, the company's president, will succeed George Martinez in January.

Louisa Community Bank and Resolute Bank were closed on Friday, raising the year's total to three failures.

The New York company will enter Suffolk County after it buys Empire Bancorp.

Executives say they are passing on more loans as bank and nonbank competitors cut rates and forgo traditional safeguards.

The Tennessee company has agreed to buy First Advantage, which specializes in financing manufactured housing purchases.

Centreville Bank will pay $116 million in cash for PB Bancorp.

The company agreed to buy Steuben Trust for $107 million.

The $32 million merger will create a bank with nearly $1 billion in assets.

Complaints that banks, credit unions and nonbanks compete on an uneven playing field should be heard, just as community banks must take seriously the threats from high-tech rivals, says Julie Stackhouse, a retiring supervision official at the St. Louis Fed.

The companies say they're working hard to complete their deal this year — including spending millions on retention payments and other items — but there's no guarantee how quickly regulators will make their decisions.

The deal will create a nearly $500 million-asset bank.

The application for Riverside Bank of Dublin comes just six months after another group opened a bank in a nearby market.

The acquisition of Farmers & Merchants Bank created a bank with more than $200 million in assets.

OUR Community Bank would focus on small-business loans with an emphasis on underserved Hispanic and Latino communities in South Florida.

The factors that drive small banks to accept acquisition offers and the impact those decisions have on their communities must be better understood, according to the Fed’s Michelle Bowman and the FDIC’s Jelena McWilliams.

Julieann Thurlow says Reading Cooperative Bank in Massachusetts is well positioned to help immigrants and millennials. Technology is crucial to serving both groups, she says.

Jelena McWilliams told community bankers that policymakers should be a resource for banks trying to adopt new technology.

More community bankers now say that cost of funds, not regulatory expense, poses the biggest threat to profits, according to a new survey.

Warsaw Federal will keep its name and charter after joining First Mutual Holding in Lakewood, Ohio.

An initial review determined that lax oversight at Enloe State Bank allowed for the origination of more than 100 allegedly fraudulent or fictitious loans.