
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.
The Pennsylvania company will pay $31 million for a bank with $269 million in assets.
The California company said it has no timeline for Russell Colombo's expected retirement.
The company will pay $42 million in cash for the parent of Main Street Bank in southeastern Michigan.
The company will pay $29 million for Cornerstone Financial Services.
The Tennessee company will gain access to the Bowling Green, Ky., market as part of the $52 million deal.
Private Bancorp of America is the latest bank to report a borrower issue in connection with a high-profile fraud case tied to liquor licenses.
The company agreed to buy Tennessee Community Bank Holdings, which has operations just west of Nashville.
A seller's assets and deposits lose some luster if the best and brightest who helped bring in the business leave after a deal closes.
The West Virginia company, which invests heavily in fintech firms, bought Chartwell Compliance in Maryland.
Geographic scale and low-cost funding are the foundation of a good deal, seasoned bank acquirers said in a panel discussion.