Paul Davis

Heritage Commerce in San Jose, Calif., has agreed to buy Focus Business Bank. The $1.7 billion-asset Heritage Commerce will pay about $55 million for the $391 million-asset Focus, which is also based in San Jose.

The growth-minded regional bank is biding its time until rates rise and its M&A deals close by slowing riskier types of lending and diversifying its income sources.

United Community Banks in Blairsville, Ga., has agreed to buy Palmetto Bancshares in Greenville, S.C.

Rep. Patrick McHenry said Democrats' resistance to passing certain regulatory relief measures is due to a leftward shift.

Rep. Patrick McHenry said Democrats' resistance to passing certain regulatory relief measures is due to a leftward shift.

Rabobank in Roseville, Calif., has agreed to sell a branch in California to Plumas Bancorp in Quincy, Calif.

CenterState Banks in Davenport, Fla., has agreed to buy a branch from the parent of SouthBank in Palm Beach Gardens, Fla.

OFG Bancorp in San Juan, Puerto Rico, said it will record a $24 million provision tied to a loan participation it placed on nonaccrual status.

It took Hudson City Bancorp in Paramus, N.J., less than two weeks to decide that it is still committed to selling itself to M&T Bank in Buffalo.

Home Bancshares in Conway, Ark., has bids out to buy three banks that, if successful, would add $2 billion in assets.

Hampton Roads Bankshares in Virginia Beach, Va., plans to merge its banks and change its name to Shore Financial.

First Dakota National Bank in Yankton, S.D., has agreed to buy a branch from HF Financial in Sioux Falls, S.D.

Heartland Financial in Dubuque, Iowa, has agreed to buy Community Bancorp. of New Mexico in Santa Fe.

Hamilton Bancorp in Towson, Md., has agreed to buy Fairmount Bancorp in Baltimore.

Security California Bancorp in Riverside, Calif., has agreed to buy a branch from Rabobank.

BancorpSouth in Tupelo, Miss., has been freed from a consent order tied to Bank Secrecy Act and anti-money-laundering compliance.

The Western Independent Bankers, a San Francisco industry group, has a new president and chief executive.

First Horizon has agreed to pay $212.5 million to settle claims tied to the Memphis, Tenn., company's past underwriting and origination of certain loans.

The $5.8 billion First Financial said in a press release Wednesday that it will pay $1.9 million in cash for 4Trust Mortgage in a deal that should close next month.

Wintrust Financial in Rosemont, Ill., has announced its second acquisition in four days.