Paul Davis

Technology? Bankers can keep up. New regulations? We've got people to handle that. But how to account for the flight of customers, prospective employees and economic opportunities from rural areas is perhaps the biggest challenge facing community lenders and policymakers, warns a longtime Oklahoma banker.

OFG Bancorp in San Juan, Puerto Rico, has sold its bank's participation in a line of credit to the Puerto Rico Electric Power Authority, or PREPA.

The Bancorp in Wilmington, Del., has agreed to sell a portfolio of health savings accounts to UMB Financial in Kansas City, Mo. The portfolio has about 40,000 accounts with $76 million in deposits and investment assets.

Patriot National Bancorp in Stamford, Conn., disclosed in a regulatory filing that it will increase its loan-loss reserve for the quarter by nearly $2 million to reflect "information and further analysis regarding the full collectability" of a loan issue.

Two big investors in Heritage Commerce have converted some of their ownership in the San Jose, Calif., company to common stock.

United Community Financial in Youngstown, Ohio, has agreed to buy Ohio Legacy Corp. in North Canton for $40.3 million, or $18 a share, in cash and stock.

Captex Bancshares, which has been created by George Lea and Michael Thomas Jr., has an agreement to buy the $165 million-asset parent of First National Bank of Trenton. Captex did not disclose how much it would pay for the acquisition, which is expected to close in the first quarter.

AltaPacific Bancorp in Santa Rosa, Calif., has agreed to buy Commerce Bank of Temecula Valley in Murrieta, Calif.

Suncrest Bank in Visalia, Calif., has agreed to buy Security First Bank in Fresno for $18 million in cash and stock.

With even community banks getting hit by ransomware attacks, there's a long list of cybersecurity practices that bankers can expect their supervisors to scrutinize during upcoming exams.