
Paul Davis
Founder, Bank SlatePaul Davis is the founder of Bank Slate, a financial strategy and research firm. He previously led community bank coverage at American Banker.

Paul Davis is the founder of Bank Slate, a financial strategy and research firm. He previously led community bank coverage at American Banker.
The banking industry's pace of expansion accelerated in March after bankers reported more activity in auto lending and mortgages.
The San Francisco company's former CEO Dick Kovacevich served as stand-in at the Wells Fargo Championship pro-am. Why? One reason is that current CEO John Stumpf doesn't play golf.
Two executives of the former Southern Community Financial in North Carolina claim that they were "unceremoniously fired" because they refused to surrender their severance deals before Capital Bank bought their company.
Former managers of Southern Community Financial have filed a lawsuit against Capital Bank Financial in Coral Gables, Fla., claiming that the companies' merger agreement violated their employment contracts.
Pacific Mercantile Bancorp in Costa Mesa, Calif., has a new president and chief executive.
SunTrust Banks in Atlanta relied heavily on expense cuts to generate higher earnings compared with a year earlier.
BBCN said in a press release Tuesday that the acquisition would position the $5.6 billion-asset company as "the leading Korean-American bank in Chicago" while providing it with entry into the Washington, D.C., market.
CFO Rene Jones says the two companies will "do whatever we need to do" to complete the merger, which has been delayed by the Federal Reserve Board's concerns with M&T's anti-money-laundering policies.
A spike in stock prices and lingering capital concerns should make bankers wary of buying back shares in the near term.
Nearly a quarter of Investors Bancorp's branches will be near the Philadelphia suburbs once it completes its acquisitions of Gateway Community and Roma Financial.
Alliance Bank & Trust in Gastonia, N.C., has a new chief executive.
The banking industry's pace of expansion accelerated after bankers reported increased momentum in applications for commercial loans.
TriState Capital Holdings in Pittsburgh has filed to hold an initial public offering.
CorTrust Bank in Mitchell, S.D., recently bought a bank near Minneapolis and plans to do more deals there. It, like a lot of community banks, is trying to expand into new markets without repeating the precrisis mistakes that doomed many of its peers.
A director of First Cornerstone Bank is looking to buy 85% of the King of Prussia, Pa., bank.
Wisconsin's CIB Marine started losing millions of dollars long before the financial crisis thanks to overexpansion. A succession of three CEOs sold off retail operations, purged assets and used the bankruptcy process to salvage the bank.
Suffolk Bancorp (SUBK) in Riverhead, N.Y., has added a veteran banker to its board.
Eastern Virginia Bankshares (EVBS) in Tappahannock plans to raise $50 million through a private placement and a rights offering.
CNB Financial (CCNE) in Clearfield, Pa., has agreed to acquire FC Banc (FCBZ) in Bucyrus, Ohio, for about $40 million, or $30 a share in cash and stock.
CorTrust Bank in Mitchell, S.D., has acquired a one-branch bank in Blaine, Minn.