Paul Davis

A pair of Massachusetts thrifts have bought insurance agencies.

PacWest Bancorp in Los Angeles is the latest bank to exit its loss-share agreements with the Federal Deposit Insurance Corp.

BBCN Bancorp in Los Angeles will rebrand itself as Hope Bancorp after buying Wilshire Bancorp. The $8.1 billion-asset BBCN also plans to change the name of its banking subsidiary to Bank of Hope after the deal closes.

Coastal Carolina Bancshares in Myrtle Beach, S.C., said in a press release Thursday that it will pay $12.2 million in cash and stock for VistaBank in Aiken, S.C.

The $1.6 billion-asset company said in a press release Thursday that Anders Tomson will succeed Ronald Bentley as its CEO at the end of the year.

The head of a small bank in Massachusetts has negotiated a $1.3 million change-in-control payment when his bank gets sold even though he will remain with the new company. Investors in the seller complain that's unfair, but others say it can be a mutually beneficial incentive for M&A dealmakers.

HomeStreet in Seattle has agreed to buy most of the assets and deposits of Bank of Oswego, including the Lake Oswego, Ore., bank's branches.

After two failed attempts to find a buyer, New England Bancorp in Massachusetts agreed to close all four of its offices before selling to Independent Bank. Independent ultimately decided to keep one branch open.

Sunshine Bancorp in Plant City, Fla., has agreed to buy FBC Bancorp in Orlando, Fla.

Farmers National Banc in Canfield, Ohio, has agreed to buy Bowers Insurance Agency in Cortland, Ohio.