Paul Davis

GNB Financial Services in Gratz, Pa., has agreed to buy FNBM Financial in Minersville, Pa.

Plaza Bank (PZBW) in Seattle has raised $4.2 million through a stock offering. The $79 million-asset bank said in a press release Thursday that unnamed individual investors participated in the offering.

Investar Holding (ISTR) in Baton Rouge, La., raised more than $40 million from its initial public offering.

UMB Financial (UMBF) in Kansas City, Mo., will settle a dispute over an asset purchase agreement.

Sun Bancorp (SNBC) in Mount Laurel, N.J., will eliminate nearly 40% of its work force as part of a major cost-cutting effort.

Frank Sorrentino will attempt to integrate the systems at Center Bancorp a mere three weeks after the company merged with ConnectOne. The key is tremendous up-front planning — and having a crisis team at the ready, he says.

Associated Banc-Corp (ASBC) has acquired $100 million in credit card receivables tied to the Green Bay, Wis., company's customers.

United Bancshares (UBOH) in Columbus Grove, Ohio, has agreed to buy Ohio State Bank in Marion.

Univest Corporation of Pennsylvania (UVSP) in Soudertown has purchased Sterner Insurance Associates in Coopersburg, Pa.

Associated Banc-Corp (ASBC) has acquired $100 million in credit card receivables tied to the Green Bay, Wis., company's customers.

Ottawa Savings Bancorp (OTTW) in Ottawa, Ill., has agreed to buy Twin Oaks Savings Bank in Marseilles, Ill.

HomeStreet (HMST) in Seattle has sold servicing rights to about $3 billion in single-family mortgages to SunTrust Banks (STI) in Atlanta.

Bryn Mawr Bank (BMTC) in Pennsylvania will call a special meeting of shareholders to approve a new equity compensation plan after certain stock awards ran afoul of the Nasdaq.

United Community Banks (UCBI) in Blairsville, Ga., has acquired Business Carolina, a commercial lender in Columbia, S.C.

BancorpSouth (BXS) in Tupelo, Miss., has named a new president as part of a broader redesign of its management structure by Chief Executive Dan Rollins.

Simmons First National (SFNC) in Pine Bluff, Ark., must sell one branch as part of its acquisition of Delta Trust & Banking in Little Rock, Ark.

First Citizens BancShares (FCNCA) in Raleigh, N.C., has decided on the management team that will run the company after it buys First Citizens Bancorp. in Columbia, S.C.

Green Bancorp in Houston has filed to raise $100 million by going public. The company said in its filing that it plans to use $8 million of the IPO's net proceeds to partially pay for its pending $46 million acquisition of SP Bancorp in Plano, Texas.

State Bank Financial (STBZ) in Atlanta has agreed to buy Georgia-Carolina Bancshares (GECR) in Augusta, Ga. The $2.6 billion-asset State Bank will pay about $82 million, or $22.35 a share, in cash and stock.

Peyton Patterson, president and chief executive of Bankwell Financial Group (BWFG) in New Canaan, Conn., has been ordered by a judge to pay more than $350,000 to American Express to address unpaid credit card bills.