Paul Davis

The California company will lease space on three floors of the building, while keeping a branch at the location.

Mid Penn agreed to pay $59 million for Scottdale Bank in a deal that is expected to close in the third quarter.

It took several offers for First Busey to seal a deal to buy First Community Financial Partners, and the details in a recent public filing of the back and forth between the two Illinois banks show how patience in merger negotiations is a must.

Plimoth Investment Advisors, a firm owned by two mutuals in Massachusetts, is buying the business.

Citizens will pay about $40 million in cash and stock for the $269 million-asset Wells in a deal set to close in the third quarter.

The Fed said it will conduct extensive reviews only of deals that create banks with assets of $100 billion, replacing the prior mark of $25 billion. The disclosure was included in the Fed's approval of People's United's purchase of Suffolk Bancorp.

The cuts punctuate the end to a rapid expansion period at the company, which now seems to be prioritizing profitability over growth.

Selling a participation in a line of credit to the Puerto Rico Electric Power Authority reduced the company's nonperforming assets by 9%.

The New Orleans company, which recently sold nine branches and $1.3 billion in loans, was ordered to raise more capital or find a buyer.

Farmers National will pay about $7.8 million in cash and stock for the $43.3 million-asset Monitor in a deal that should close in the second or third quarter.

State Bank of Texas, which bought the failed Seaway Bank in January, is selling nine branches to Self-Help Credit Union.

Pinnacle Financial wanted to be in high-growth markets. BNC Bancorp saw more regulatory burden looming and limited opportunities to sell itself. Those factors spurred what is currently the year's second-biggest bank deal.

The mutual's conversion could bring in up to $22.5 million in proceeds.

In his meeting with community bankers, President Trump openly pondered the fate of CFPB Director Richard Cordray with his advisers and appeared eager to quickly fix industry concerns through executive orders.

Seniors typically have stellar credit and can be a good source of deposits in a rising rate environment.

Koger Propst was also named CEO of the company's $2.6 billion-asset ANB Bank.

Investar will pay $46 million in cash for Citizens, which has three branches and $246 million in assets.

Joseph Greco previously served as CEO of Southern Connecticut Bancorp, which sold itself to Liberty Bank in 2013.

The company also seems to be shifting the narrative to operational performance after addressing claims of questionable insider dealings.

The agreement comes three months after Astoria and New York Community Bancorp called off plans to merge.