
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 company will pay $186 million for First Bank Lubbock in a deal that also includes mortgage unit PrimeWest Mortgage.
The company will also gain branches in northern Alabama when it buys Tennessee Bancshares.
The California company is set to pick up a dozen branches after it buys FNB for $315 million.
The $74 million acquisition will allow First Mid-Illinois to expands it operatations in the Champaign-Urbana region in Illinois.
The company has agreed to buy the operations of Veterans Mortgage in Salt Lake City.
The bank, which agreed to acquire Hibernia Bancorp for $28 million, will adopt the seller's name after completing the deal.
The Los Angeles company will sell $1.6 billion in loans, largely tied to technology and health care, by the end of this year.
The proposed CommerceOne Bank in Birmingham, Ala., would be run by former executives at First Partners Bank, which was sold earlier this year.
Alpine Bancorp. in Illinois made its sale a highly inclusive process, forming a special evaluation team of senior leaders to help top management review offers.
The company has been working to address an informal agreement with regulators tied to Bank Secrecy Act compliance.