Paul Davis

Webster Financial was unable to hit its loan and deposit goals in Boston last year as it prioritized relationship building over cut-rate pricing.

The company said it could use proceeds for repaying debt and acquisitions, among other things.

Sugarman left less than two weeks after the SEC launched an investigation into company statements.

The merger will create a bank with more than $4 billion in assets.

Independent members of HopFed Bancorp's board sent a letter to Joseph Stilwell complaining that their largest investor had rebuffed several efforts by CEO John Peck to schedule a meeting.

First Merchants in Muncie, Ind., has agreed to buy Arlington Bank in Upper Arlington, Ohio.

The deal had been delayed since Investors had been hit with a BSA-related regulatory order.

Legion Partners said it has “serious concerns” about the company’s disclosure of inaccurate information.

Heritage Oaks in California ended talks with an unnamed institution when it couldn't get a response on a regulatory concern.

The deal comes on the heels of Simmons’ agreement to buy Southwest Bancorp in Oklahoma.

The acquisition is the first for Hope since a transformative merger last year.

The Virginia bank has agreed to buy Tidewater Mortgage’s majority stake in Old Point Mortgage.

HCBF, once an aggressive acquirer, hadn't announced a deal in nearly two years.

The bank is among a handful of de novos to have its charter approved since 2009.

The $1.9 billion deal – the industry's largest announced in 2017 – will create a bank with nearly $20 billion in assets.

The South Carolina company plans to use proceeds for acquisitions and organic growth.

Quarterly profit fell at SunTrust Banks in Atlanta as noninterest expense rose 8.4% and its loan-loss provision increased.

The company is selling common and preferred stock in a private placement.

Matt Machen, who previously served as the company’s president, has been at Bear State since 2011.

Kim Ruth once served as a state president for Bank of America in Texas.