
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 also said it believes there are no regulatory obstacles that will derail its planned acquisition of Astoria Financial.
The Federal Reserve is asking Sterling to address deficiencies tied to its collection, verification and reporting of CRA data from 2014 to 2016.
Stilwell Group, an activist investor, is alleging that HopFed chief John Peck bought two properties from the then-chairman of the Kentucky company's compensation committee and that the deals were a conflict of interest.
Bank First has agreed to pay $76 million in cash and stock for Waupaca Bancorp. The company should have nearly $1.8 billion in assets when it completes the deal.
Belpre Savings Bank and Doolin Security Savings Bank are planning to create a mutual with nearly $100 million in assets.
Stonegate Bank in Florida figured its balance sheet was too small and undiversified to stay independent. But it was choosy in approaching potential buyers and aggressively scrutinized the lead bidder’s loan book.
The 2015 written agreement had required Four Oaks to improve corporate governance.
The agency sold nearly 10.3 million shares in First BanCorp in San Juan, Puerto Rico, for $57.7 million.
A tech JV between Live Oak and First Data aims to do for small-business deposits what the bank previously did for lending.
The post-election rally in banking stocks has given certain buyers the ability to make acquisitions that would add to tangible book value, perhaps making it easier for them to pursue more deals.