Paul Davis

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.

QCR Holdings in Moline, Ill., has agreed to buy Community State Bank in Ankeny, Iowa.

LaPorte Bancorp was poring over offers from potential buyers when Raymond James, the company's investment bank, notified LaPorte's board that it was also advising a potential acquirer on a separate deal. LaPorte requested more information before ruling out a potential conflict of interest.

Flagship Community Bank in Florida is facing pressure from its biggest shareholder to sell itself, either for cash or stock in a publicly held buyer. Management, however, believes the bank will fetch a better price if given time to improve profitability.

State Bank in Atlanta convinced a jittery seller to work out a deal by promising to do an all-cash purchase if its own stock faltered.

First Citizens BancShares in Raleigh, N.C., has agreed to buy Cordia Bancorp in Midlothian, Va.

State Bank Financial in Atlanta has agreed to buy S Bankshares in Glennville, Ga.

Simmons First National in Pine Bluff, Ark., has agreed to buy Citizens National Bancorp in Athens, Tenn.

Six years ago the family that controlled Home State Bancorp in Colorado said they were in it for the long haul. But, after a methodical review process tied to estate planning, family members decided to cash in their holdings.

Grant Bancshares in Natchitoches, La., has agreed to buy Tri-State Bank and Trust in Haughton, La.

U.S. Bancorp in Minneapolis said it expects noninterest expense to increase in the second quarter due in part to compliance and marketing costs.