M&A
M&A
- Ohio
MainSource Financial Group in Greensburg, Ind., has agreed to buy Cheviot Financial in Cincinnati.
November 24 -
Entegra Financial in Franklin, N.C., has agreed to buy Oldtown Bank in Waynesville, N.C.
November 24 -
First Farmers and Merchants in Columbia, Tenn., plans to buy out some of its shareholders and deregister as a publicly traded company.
November 23 - Pennsylvania
The $5.4 billion-asset WSFS said in a press release Monday that it will pay $101 million, or $21.75 a share, in cash and stock for the $651 million-asset parent of Penn Liberty Bank.
November 23 - California
Hanmi Financial has gone public with efforts to merge with BBCN Bancorp in a move the Los Angeles company hopes will scuttle another rumored pairing.
November 23 -
American Chartered was also the top M&A priority for MB Financial, which was willing to pay a healthy premium to get a deal done. MB Financial, which prefers big acquisitions, will be challenged to find other opportunities in the Windy City.
November 23 -
Diebold and Wincor Nixdorf which plan to merge under the name "Diebold Nixdorf" were already in the midst of major projects to digitize bank branches and retail stores before the pressure from mobile devices led them to join forces to keep pace with innovation.
November 23 -
The proliferation of easy-to-use analytics tools has allowed community banks to do what used to take teams of quants to accomplish. Some are using it to get an edge in M&A, others are using it to improve efficiency.
November 23 -
On the sidelines for three years, the once-aggressive acquirer jumps back in the game with a deal for CommunityOne Bancorp in Charlotte. It's also looking to bulk up in Tennessee and Florida, though any opportunity would bring tough decisions on whether to cross the $10 billion-asset mark.
November 23 -
Centre 1 Bancorp in Beloit, Wis., has agreed to buy Walworth State Bank in Wisconsin.
November 23 -
Diebold Inc. agreed to buy German rival Wincor Nixdorf AG for about 1.8 billion euros ($1.9 billion) to create the biggest maker of cash machines and security systems with more than $5 billion in sales.
November 23 - South Carolina
Coastal Banking in Beaufort, S.C., has agreed to buy First Avenue National Bank of Ocala in Florida.
November 23 - Georgia
Atlantic Coast Financial in Jacksonville, Fla., has agreed to sell a branch in Georgia to Queensborough National Bank & Trust in Louisville, Ga.
November 23 - Ohio
Fifth Third Bancorp in Cincinnati has invested Zipscene, a firm that specializes in consumer analytics for the restaurant industry.
November 23 - Florida
Capital Bank Financial in Coral Gables, Fla., has agreed to buy CommunityOne Bancorp in Charlotte, N.C.
November 23 -
MB Financial in Chicago has agreed to buy American Chartered Bancorp in Chicago.
November 23 -
The $1.2 billion-asset company has redeemed the $10.9 million of preferred shares held by the U.S. Treasury Department, plus accrued dividends.
November 20 - Maryland
Two of central Maryland's oldest community banks have agreed to merge and reorganize under a new name.
November 20 - New York
The New York firm on Thursday sold 3 million voting shares in the $9.4 billion-asset United Community to Morgan Stanley, which acted as the sole underwriter on the offering.
November 20 -
First Resource Bank in Exton, Pa., has redeemed most of its Small Business Lending Fund preferred shares.
November 20



