M&A
M&A
- California
East West Bancorp in Pasadena, Calif., paid $118.4 million to terminate single-family and commercial shared-loss agreements with the Federal Deposit Insurance Corp., tied to an acquisition of a failed bank.
December 31 -
Colony Bankcorp in Fitzgerald, Ga., has redeemed about a quarter of its shares in the Troubled Asset Relief Program.
December 31 - Pennsylvania
Emclaire Financial in Emlenton, Pa., has agreed to buy United-American Savings Bank in Pittsburgh for $14.1 million.
December 31 -
Kelly King was recently named American Banker's Banker of the Year based on his ability to complete big M&A deals and work through problems with regulators. Here are his extended thoughts on those topics as well as others, including the challenges behind making the payments system fast and safe.
December 30 -
Amboy Bancorp in Amboy, Ill., has agreed to buy Franklin Grove Bank in Franklin Grove, Ill.
December 30 -
Capital Bank CEO Eugene Taylor took a three-year break from acquisitions until agreeing to buy CommunityOne earlier this year. Taylor hopes the deal provides evidence that his team is a buyer not a seller in the year ahead.
December 30 - Pennsylvania
CNB Financial in Clearfield, Pa., has agreed to buy Lake National Bank in Mentor, Ohio.
December 30 - PSO content
Bank of America will post a $600 million pretax writedown in the fourth quarter as it redeems $2 billion of trust preferred securities tied to its 2009 acquisition of Merrill Lynch.
December 30 -
Bank of America will post a $600 million pretax writedown in the fourth quarter as it redeems $2 billion of trust preferred securities tied to its 2009 acquisition of Merrill Lynch.
December 29 -
New York Community Bancorp in Westbury has finished the balance sheet repositioning it previewed as part of its agreement to buy Astoria Financial in Lake Success, N.Y.
December 29 -
Calumet Bancorp. in Chilton, Wis., has agreed to buy Calumet Bancshares in Brillion, Wis.
December 29 -
Talmer Bancorp in Troy, Mich., will record a nearly $14 million charge in the fourth quarter tied to ending its loss-share agreements with the Federal Deposit Insurance Corp.
December 29 -
Some lost their jobs while others made major missteps or faced serious challenges to their business plans. Here are the folks who had a rough 2015 and are looking forward to better times in 2016.
December 29 -
CalWest Bancorp in Irvine, Calif., has raised $14 million through a private offering to recapitalize and to retire its Troubled Asset Relief Program funds.
December 28 -
Ken Karels has guided the South Dakota company through an initial public offering and its first acquisition in three years. He is worth watching next year as ag lending comes under pressure and as Great Western continues hunting for acquisitions.
December 28 -
Customers Bancorp in Wyomissing, Pa., plans to raise $30 million in an aggregate offering of its common stock.
December 24 -
BB&T Corp. in Winston-Salem, N.C., has received approval from the Federal Reserve Board to buy National Penn Bancshares in Allentown, Pa.
December 24 -
BofI Holding's CEO Greg Garrabrants should be basking in the glow of his bank's record earnings growth and its potentially transformative acquisition of H&R Block Bank. Instead, he's fighting to regain the confidence of shareholders spooked by allegations that the online bank violated anti-money-laundering laws.
December 24 -
BNP Paribas is considering selling or spinning off one of its two U.S. banking subsidiaries as it aims to boost capital.
December 24 -
The $1 billion-asset holding company for Veritex Community Bank redeemed about $8 million worth of SBLF shares.
December 23



