The deal for Summit Financial furthers First Financial’s strategy of acquiring national niche business lines.

Higher interchange fees and a giveback of loan-loss provisions helped banks overcome rising expenses and other headwinds in the third quarter, according to the Federal Deposit Insurance Corp.'s Quarterly Banking Profile.

The aging of the American workforce is expected to hit the financial industry especially hard. So banks are considering nontraditional job candidates, finding bigger roles for young employees and moving those planning their departures into advisory roles.

Tom Dierdorff, formerly a Regions executive, will lead the Georgia bank's push into the lucrative but competitive market.

Four of the six bankers joining Nashville-based Pinnacle Financial Partners worked in Truist Financial’s aerospace, defense and government contracting unit.

Farmers and the banks that lend to them are prospering again after several lean years, thanks to high crop prices and government subsidies. But sagging loan demand, inflation and what some observers see as a bubble in land values are fueling concern that the revival will be short-lived.

Financial services companies tend to push out older employees. That’s a mistake, both because of the loss of institutional knowledge and because it’s older bankers who can build the best rapport with boomer customers.