Paul Davis

The Illinois company will gain six offices after it buys Investors' Security Trust.

The Michigan company said the loan — made to a borrower that plans to shut down its reverse mortgage business — has collateral.

The coastal city quickly rebounded after being hit by Hurricane Harvey in August 2017.

The proposed merger will create a bank with more than $1 billion in assets.

Consolidation activity was ho-hum for most of April before a burst of transactions — and notable ones at that — were announced in the month's final week.

Pinnacle Bank chief Terry Turner never lacks specifics. He wants to expand inside a triangular zone that connects three Southern and mid-Atlantic cities, aims to enter five particular markets, and speaks bluntly about his plans for hiring alums of BB&T and SunTrust.

Bank 34 will no longer sell mortgages in the secondary market as it looks to reduce its reliance on volatile revenue streams.

Triad Business Bank adds to the list of de novo efforts taking place in the state.

Sound Bank has new management as part of the transaction. It will also get a new name and expand into higher-growth markets.

The company will record a $2.1 million pretax gain in the second quarter after selling Summit Insurance Services to the Hilb Group.