Paul Davis

Centrue Financial in Ottawa, Ill., has sold $35.2 million in classified loans and other assets.

Mortgage lending, particularly for bigger banks, cooled some in October as home buying season ended. Meanwhile, loan pricing deteriorated again, showing that lenders are still cutting rates to land the best credits.

Iberiabank Corp. in Lafayette, La., will enter the Atlanta market, agreeing to buy Georgia Commerce Bancshares.

Hills Bancorp. in Hills, Iowa, expects to record a nearly $2 million impairment charge in the fourth quarter.

Stilwell Group has terminated a standstill agreement reached with Malvern Bancorp in Paoli, Pa., saying it was no longer necessary after meeting with Malvern's new CEO, Anthony Weagley.

First Foundation Bank in Irvine, Calif., has agreed to buy Pacific Rim Bank in Honolulu.

Liberty Bell Bank in Marlton, N.J., has appointed a new chief executive as it continues to work through credit issues.

MidWestOne Financial Group in Iowa City has agreed to buy Central Bancshares in Golden Valley, Minn.

Fraternity Community Bancorp in Baltimore has agreed to add a director recommended by activist investor Joseph Stilwell.

Hudson Valley Holding in Yonkers, N.Y., has agreed to sell A.R. Schmeidler & Co., an investment adviser unit, to Pine Street Asset Management.

Pacific Continental in Eugene, Ore., has agreed to buy Capital Pacific Bancorp in Portland, Ore.

First Savings Bank of Perkasie in Perkasie, Pa., has agreed to merge with First Federal of Bucks County in Bristol, Pa.

First National Corp. in Strasburg, Va., has agreed to buy six branches in Virginia from Bank of America.

Royal Financial in Chicago has agreed to buy PNA Bank in Chicago.

Iberiabank Corp. in Lafayette, La., was initially willing to pay up to $24 million more than what it eventually agreed to pay for Florida Bank Group in Tampa.

First Artesia Bancshares in Artesia, N.M., has merged two of its banks.

Sturgis Bancorp in Sturgis, Mich., has agreed to buy West Michigan Savings Bank in Bangor.

HomeTrust Bancshares in Asheville, N.C., has hired a team of commercial lenders to open its first office in Raleigh, N.C.

Bay Commercial Bank in Walnut Creek, Calif., has stepped in to outbid a rival to buy Valley Community Bank in Pleasanton, Calif.

Ambitious Renasant Corp. in Mississippi is still billions of dollars away from a key regulatory threshold of $10 billion in assets, but it's getting ready now for the demands that come with growing that large. Two of its top executives explain why.