Paul Davis

Many bankers find crucial parts of the SBA effort to help businesses hurt by the coronavirus outbreak to be unclear and onerous. If those issues go unresolved, participation could suffer.

The acquirer had pursued a de novo strategy in its home state but was unable to raise enough capital.

Regulators are allowing banks that implemented the loan-loss standard to forestall any capital hits until 2022.

A former market president for State Bank Financial would serve as CEO of the proposed Classic City Bank.

The company is one of the first to share information on impacted clients, forbearance requests and emergency loan applications.

Flushing Financial, which had planned to complete its purchase of Empire Bancorp in early April, has moved its target date back by about two months.

The New York company moved its April shareholder meeting to June because of the pandemic.

Organizers of Coastal Community Bank must raise $19.5 million before opening.

First Horizon, Pacific Premier and South State are warning in regulatory filings that the pandemic could complicate deals that have not been completed.

Triad Business Bank, which will immediately have offices in three cities, will debut next week.