Paul Davis

Unity Bancorp must improve its policies and procedures and increase staff training on following Bank Secrecy Act and anti-money-laundering laws.

Provident Bank was recast as BankProv to avoid confusion as it adds business lines and enters new markets.

Ashton Ryan, the New Orleans bank's CEO, and two other officers are accused of disguising the financial condition of certain borrowers before the bank's 2017 collapse.

Citizens Bancorp Investment has agreed to buy American Bancshares in a deal expected to close later this year.

BNCCORP named an interim CEO as it looks for a permanent successor for Timothy Franz.

Jay Hendricks, the company's chief operating officer, will succeed William Foster in August.

The company paid Covenant Logistics Group about $14 million for $103 million in accounts receivable.

Len Devaisher once served as a regional executive for Old National Bancorp.

The company said its plan to shutter 12 locations reflects "increased client usage of online and mobile banking and a commitment to improve digital banking technology."

The Arkansas bank is selling its two branches in the state to Merchants & Marine Bancorp and FEB Bancshares.

The deal will create an $11 billion-asset banking company with operations in a number of markets around New York City.

Mesaba, which is also based in Minnesota, is the parent of American Bank of the North and Lake Bank.

Investar Holding called off its deal to buy Cheaha Financial in Alabama.

CB Financial Services, Mercantile Bank and Nicolet Bankshares said they would shutter a total of 12 branches.

Southwest Bancshares in San Antonio will have assets of $1.5 billion when it absorbs two affiliated banking companies in nearby cities.

Bank consolidation has been stagnant since the pandemic hit, and the outlook for the rest of the year is bleak.

The company said it had cut 20 positions and found a way to shed 35,000 square feet of office space by the end of 2020.

Arbor Bancorp and FNBH Bancorp said the pandemic had created uncertainty about the regulatory process for securing approval for the deal.

The companies said the "meaningful impacts" of the coronavirus pandemic led them to terminate the $2.7 billion deal.

The agencies said late Friday that they will provide information on small businesses that received $150,000 or more from the Paycheck Protection Program.