Paul Davis

Bank of Montreal has agreed to buy Greene Holcomb Fisher, a boutique advisory firm in Minneapolis.

First Bancorp in San Juan, Puerto Rico, has sold an insurance agency.

The regional bank has extensively studied the viability of such platforms, but has been unable to develop a plan to fits its risk appetite.

Financial Institutions in Warsaw, N.Y., said it had secured enough votes to prevail in a fight with a big shareholder.

Chemung Financial in Elmira, N.Y., is set to form an insurance unit.

Union Bankshares in Richmond, Va., will open a loan production office after hiring a team that worked at NewBridge Bancorp.

Prudential Bancorp in Philadelphia has agreed to buy Polonia Bancorp in Huntingdon Valley, Pa.

Castle Creek Capital Partners has appointed a director to serve on the board at HCSB Financial in Loris, S.C.

Summit Financial Group in Moorefield, W.Va., has agreed to buy First Century Bankshares in Bluefield, W.Va.

Banks announced 41 mergers through May 31, representing a 16% decline from the same period in 2015, according to data from Keefe, Bruyette & Woods and S&P Global Market Intelligence.

Civista Bancshares in Sandusky, Ohio, will record a gain of roughly $1.5 million in the second quarter after a nonperforming loan was fully repaid.

First South Bancorp survived a close vote on a shareholder proposal to "immediately" take steps to sell the Washington, N.C., company.

Institutional and private-equity investors are more demanding of regular face time with decision makers like CFOs, who better be prepared to answer questions not just about balance sheets and income statements, but also underwriting standards, loan concentrations and accounting methods.

Carver Bancorp in New York has entered into a formal agreement with the Office of the Comptroller of the Currency that includes mandates tied to the Bank Secrecy Act and commercial real estate.

The $2.5 billion-asset company disclosed in a regulatory filing Friday that Martyn Pell, president of its First Community Bank, had resigned, effective immediately.

Nicolet Bankshares in Green Bay, Wis., disclosed in a regulatory filing Thursday that Robert Cera, who had shared the chairman, president and chief executive roles with Bob Atwell, was no longer at the company.

Middlefield Banc Corp. in Ohio has raised roughly $11 million through several stock offerings.

Kelly King promised "additional announcements later this year" tied to long-term succession planning, and it was initially unclear if he was referring to his own retirement plans. BB&T later said that King would be CEO for the "foreseeable future."

Mackinac Financial in Manistique, Mich., has agreed to buy Niagara Bancorp. in Niagara, Wis.

The Bancorp in Wilmington, Del., has selected a former Citigroup executive as its next chief executive.