
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.
The Kansas City, Mo., company sold Marquette Asset Management, a business it gained as part of its purchase of Marquette Financial Cos., to the firm's principals.
The regional bank sold the business, which serves about 90 clients, to a New York commercial finance firm.
The company, which raised $23 million through a private placement, had a 6.97% total capital ratio at Dec. 31.
The company will add $600 million in assets under management when it buys a Roanoke, Va., firm.
The divestitures are necessary to get the Justice Department to sign off on First Financial's $1 billion purchase of MainSource Financial.
The Texas company will gain four branches and $160 million in loans after the acquisition closes.
The Dallas company has agreed to sell its health care lending group to an undisclosed buyer.
A Swiss financier has agreed to buy Brickell Bank a year after another sale fell through.
The Seattle company, which is gearing up for a proxy battle with Blue Lion Capital, appointed a former U.S. Bancorp executive to fill a board vacancy.
Ameris would gain 24 Atlanta-area branches in the $406 million deal.