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.