Paul Davis

The company will gain four Chicago-area branches as part of the $41 million all-cash acquisition for the parent of ABC Bank.

Rita Lowman recently joined the bank from C1 Financial, where she had been chief operating officer.

Davis, who stepped down as CEO a year ago, will retire as the company's chairman and as an employee at the end of 2017. Umpqua will then become one of the few publicly traded banking companies with a female chair.

We never promised the news would be good for all these community bankers, and it wasn’t. One couldn’t stop a failure, and another quit soon after an acquisition. The rest have their banks at different points on the comeback trail.

The acquisition will give LCNB its first branch and deposits in the Columbus, Ohio, market.

Heritage Commerce will pay $32 million for Tri-Valley in a deal that should be accretive to tangible book value and earnings.

The company will set aside more than $10 million, with most of the provision addressing an issue with a commercial loan.

The $280 million securitization is also expected to boost capital levels and lower Dime's loan-to-deposit ratio.

Washington Federal in Chicago, which had a clean balance sheet and plenty of capital on Sept. 30, was shuttered shortly after the death of its CEO and regulators' discovery of "substantial dissipation of assets."

Bankers remember Bob Wilmers not only for spearheading the growth of M&T, but also embracing his role as the industry's voice in turbulent times.