Paul Davis
Founder, Bank SlatePaul Davis is the founder of Bank Slate, a financial strategy and research firm. He previously led community bank coverage at American Banker.
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Despite ongoing challenges, executives at community banks believe they can boost revenue this year. At the same time, pressure is mounting to build scale, which could mean more consolidation.
August 5 -
Sandy Spring Bancorp in Olney, Md., said that its insurance unit bought The Advantage Group, which offers personal, business and life insurance to clients in Maryland, northern Virginia and Washington.
August 4 -
WSFS Financial in Wilmington, Del., has agreed to buy the assets of Powdermill Financial Solutions in Wilmington.
August 3 -
Quaint Oak Bancorp in Southampton, Pa., has bought the rights to a portfolio of personal and commercial insurance policies.
August 1 -
Monona State Bank in Wisconsin has agreed to buy MBC Bankshares in Middleton, Wis.
August 1 -
The $101 billion-asset Key said in a press release Friday that it had finalized the $4.1 billion purchase of the $40 billion-asset First Niagara.
July 29 -
Carver Bancorp in New York is dealing with a new set of challenges just months after being released from a longstanding enforcement order. The companys woes highlight the challenges for banks with narrowly constrained business models.
July 29 -
CCB, the parent of the $1.3 billion-asset Country Club Bank, recently announced that it had absorbed Capital Corp. in Lenexa, Kan. CCB did not disclose the price.
July 29 -
Stonegate Bank in Pompano Beach, Fla., could be getting close to announcing another acquisition.
July 29 -
Green Bancorp in Houston has resolved $37 million in energy loans since deciding to get out of that business.
July 28
