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.
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The proposed Piermont Bank would be based in Midtown Manhattan. It is the second de novo being planned in New York.
August 9 -
The Delaware company plans to reinvest savings from the $1.5 billion acquisition to upgrade technology and delivery channels.
August 8 -
The family that owns KleinBank negotiated for employee incentives for nonrelatives and retention awards as part of the Minnesota bank's proposed sale to Old National.
August 6 -
Tekalign Gedamu, who would chair Marathon International Bank, says that Zekarias Tamrat is bad-mouthing the de novo effort following his dismissal and a subsequent payment disagreement. Tamrat was slated to be the bank's president.
August 3 -
Zekarias Tamrat blamed the proposed Marathon International Bank's chairman and directors for delays in getting its application approved.
August 2 -
The North Carolina regional will pay $30 million for the much-smaller Palmetto Heritage Bancshares.
July 26 -
The company will pay $191 million for Skagit Bancorp, a deposit-rich bank in Washington's North Sound region.
July 25 -
The $54 million purchase of Pilgrim Bancshares will give Hometown branches in western, central and eastern Massachusetts.
July 25 -
The $26 million acquisition will allow Summit to enter two new counties in its home state.
July 25 -
The Mississippi company will also gain its first branches in southern Georgia as part of the $80 million deal.
July 24
