Paul Davis

Marathon International Bank would target the Ethiopian community with specific advertising and educational programs.

The company sold common stock to employees, existing shareholders and new investors.

Organizers of Sterling Bank have filed an application with the FDIC and have set a $20 million capital target.

It was thought tax cuts could fuel a rise in bank deals, but regionals seem to be leaning toward digesting what they have already bought, pursuing smaller, nonbank deals and rewarding shareholders.

The company will pay $62 million in cash for a bank with four branches and $337 million in assets.

Highlights at the North Carolina bank included deposit service charges, CRE lending and wider margins, which all offset one-time costs related to tax reform.

Liberty will add a branch in Kansas City, Mo., along with three locations in nearby communities.

Blue Lion Capital, which had a recent request for a board seat rejected, plans to nominate multiple people to run for the board at HomeStreet's next annual meeting.

Ameris, which was operating under a regulatory order when it agreed to buy Atlantic Coast, agreed to pay more money if it failed to complete the acquisition by mid-2018.

The company is gaining heft in Michigan's Upper Peninsula with its $34 million purchase of First Federal of Northern Michigan.