
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.
Paul Davis is the founder of Bank Slate, a financial strategy and research firm. He previously led community bank coverage at American Banker.
Peoples United Financial in Bridgeport, Conn., has acquired an insurance agency in Bridgeport.
NCAL Bancorp in Irvine, Calif., has agreed to buy Commercial Bank of California in Los Angeles.
Regional banks did a much better job of expanding revenue than their megabank counterparts in the third quarter, but they had to spend more to do so and risk angering investors in a tight-margin environment.
The North Carolina company has signed up 70,000 people for its U platform, which debuted last month and could help it pare back its branch network over time. BB&T is already looking to add quarterly credit scores to the portal.
Seacoast Banking Corp. of Florida in Stuart has agreed to buy the Orlando, Fla., banking operations of BMO Harris Bank.
BB&T in Winston-Salem, N.C., posted solid third-quarter results that reflected organic loan growth and its purchase of Susquehanna Bancshares in Lititz, Pa.
CVB Financial in Ontario, Calif., has agreed to buy County Commerce Bank in Oxnard, Calif.
Madison County Financial in Madison, Neb., has bought a bank and insurance agency in Winside, Neb.
The North Carolina company had worked hard over the last five years to address credit issues and return to acquisitions. In the end, the company agreed to sell itself for a healthy premium to the states biggest community bank.
Hamilton Bancorp in Towson, Md., has agreed to buy Fraternity Community Bancorp in Baltimore for $27 million in cash, or $19.25 a share. The deal is expected to close in the second quarter.