Paul Davis

That’s the message that two funds have for directors of Commonwealth Business Bank in Los Angeles.

The companies agreed to divest the branches, along with nearly $738 million in deposits, to secure Justice Department approval.

OceanFirst Financial in Toms River, N.J., has agreed to buy Ocean Shore Holding in Ocean City, N.J.

Horizon Bancorp in Michigan City, Ind., has agreed to buy CNB Bancorp in Attica, Ind.

The management team at Bank of the Ozarks knows it has a dependency on commercial real estate. But they assert that sound underwriting, and efforts to diversify, are what really matters when assessing risk.

Cathay General Bancorp in Los Angeles has agreed to buy SinoPac Bancorp from Bank SinoPac in Taiwan.

Wintrust Financial in Rosemont, Ill., has agreed to buy First Community Financial in Elgin, Ill.

Bank consolidation in 2016 continues to lag behind last year's pace, although the average deal value is considerably larger.

Flushing Financial in Uniondale, N.Y., has raised $21 million in capital after selling an office building.

American National in Danville, Va., has hired the former chief financial officer at NewBridge Bancorp to oversee strategic initiatives.