
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.
Short sellers tend to go against the tide, making investments based on a belief that a stock is going to tank. These 10 banks have drawn the greatest amount of short-interest activity recently.
A judge in North Carolina granted a request by First Citizens to block KS Bancorp from enacting a shareholder rights plan.
The company will also sell $58 million in deposits to West Gate Bank.
The $6 million acquisition will add four businesses with a total of $700 million in assets under management.
Gulfside Bank, which would be based in Sarasota, is angling to become southwest Florida's first new bank in a decade.
Organizers want to open the first new bank in Michigan since 2009, while a third group in Florida has filed a de novo application.
Park National, which came to regret its acquisition of a Florida bank just before the financial crisis, took more than a year to vet NewDominion before making an offer.
The company's deal for Coastway Bancorp in Rhode Island makes sense since both institutions are former credit unions.
Organizers in Winston-Salem are planning to raise at least $25 million to form Community Bank of the Carolinas.
The company has agreed to buy United Community Bancorp. With the $114 million deal it would add five branches in the Cincinnati area.