
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.
A group affiliated with Interactive Brokers Group has filed an application with the FDIC to form Interactive Bank.
Tri County Financial will pay an undisclosed amount for H.F. Gehant Bancorp.
The California company agreed to pay $14 million in cash for a bank with $131 million in assets.
The proposed Verdigris Bank would rely heavily on technology, applicants say.
The deal will create a Southeastern regional with $75 billion in assets across 11 states.
The Phoenix company did not say why James Haught, who was also chief operating officer, left.
The Dallas company said it should be able to avoid restating past financial results. It also reported higher quarterly earnings helped by increased mortgage activity.
The Tennessee company, which was outbid in an effort to buy a North Carolina bank earlier this year, will pay $41 million for a branch network in the middle part of its home state.
The Pennsylvania company will pay $346 million for MutualFirst Financial.
The company will buy two suburban locations from North Shore Bank.