Paul Davis

Organizers have applied to form Craft Bank. If successful, the bank would become the third to open in the Atlanta area in recent years.

The supervisory letter had required the company to get Fed approval before issuing debt, paying dividends or making quarterly payments on its trust-preferred securities.

The company will gain branches in Northampton County as part of the $79 million deal.

The sale comes just three years after the San Francisco bank bought the platform.

The company will hold off on making loans under the Advantage Loan program as it conducts an audit and implements new policies and procedures.

The deal will create a bank with nearly $50 billion in assets.

Cost cutting and systems integrations are short-term priorities, but over time CEO Kelly King and his heir apparent, Bill Rogers, will have to exploit the combined BB&T-SunTrust's revenue potential and prove the biggest post-crisis merger was a good idea.

The company will merge Fidelity Savings and Loan and Washington Savings Bank into its own bank.

The company will pay $122 million for six branches and nearly $1 billion in assets.

The company will enter three counties in its home state after it buys Roselle.

PiNG Bank, which would be based in Jersey City, is being proposed by former bankers at Cross River Bank, Citigroup and Bogota Savings Bank.

The company agreed to pay $41 million for Victory Community Bank.

Collins Community Credit Union has agreed to buy First Savanna Savings Bank.

The company also disposed of a large agricultural loan that was nonperforming.

The move will allow MVB to devote more resources to Northern Virginia and its fintech business.

The company will pay nearly $33 million for Tomah Bancshares to boost its operations in Wisconsin's Monroe County.

Hamp Johnston, a former market executive at JPMorgan Chase, would serve as RockPoint Bank's president and CEO. The bank would be based in Chattanooga.

The deal is Seacoast's third acquisition of a bank with operations in Palm Beach County.

The regulators approved the deal after nine months of consideration, but the Fed hit SunTrust with a consent order tied to "unfair and deceptive" business practices from 2013 to 2017.

The company will pay $1.1 billion for Carolina Financial in Charleston, S.C., in a deal that will add nearly $5 billion in assets.