M&A
M&A
- Georgia
The $3.5 billion-asset Fidelity Southern said in a press release Monday that it will pay $27 million in stock for the $205 million-asset American Enterprise. The deal is expected to close in the first quarter.
October 26 -
German American Bancorp in Jasper, Ind., has agreed to buy River Valley Bancorp in Madison, Ind.
October 26 -
CIC Bancshares sale to Heartland Financial reflect a good cultural fit between the companies, but it also shows how the sellers management team struggled to find a suitable way to provide shareholders with liquidity.
October 26 -
HomeTrust Bancshares in Asheville, N.C., has agreed to pay an additional $484,000 to complete its July 2013 acquisition of BankGreenville Financial.
October 26 -
First National Bancorp in Green Forest, Ark., has agreed to buy Twin Lakes Community Bank in Flippin, Ark.
October 23 -
State Bank Financial in Atlanta has acquired Patriot Capital, a provider of equipment financing to gas stations and commercial petroleum users.
October 23 -
The third quarter showed the kind of solid results Citizens Financial hopes to achieve as a public company split off from Royal Bank of Scotland, but much work remains for Chief Executive Bruce Van Saun. He spoke with American Banker about what went right this quarter and how he's working to change the company's culture.
October 23 -
Prosperity has built itself into one of Texas' largest banks over the past decade and now it's beginning to reap the benefits that come with scale.
October 23 -
Astoria Financial, a New York City- area thrift under pressure from activist investor Basswood Capital Management to boost the share price, is exploring a sale, according to people familiar with the matter.
October 23 -
Old National is taking advantage of low interest rates by buying more than a dozen branches in solid real estate markets. An expected accounting rule change could encourage more banks to do the same.
October 23 -
Quarterly profits fell slightly at Umpqua Holdings in Portland, Ore., because of fewer proceeds from loan sales, tighter margins and other factors.
October 23 -
The Bancorp in Wilmington, Del., has agreed to sell most of its health-savings account portfolio to HealthEquity in Draper, Utah.
October 23 - North Carolina
Regions Financial in Birmingham, Ala., has acquired BlackArch Partners, a Charlotte, N.C., firm that handles M&A for middle-market companies.
October 23 -
Anchor Bancorp in Lacey, Wash., could eventually sell itself after reaching a truce with an activist investor.
October 23 - Michigan
Level One Bancorp in Farmington Hills, Mich., has agreed to buy Bank of Michigan in Farmington Hills. Level One said it will pay $17 a share in cash for the $110 million-asset Bank of Michigan. The deal is expected to close in the first quarter.
October 23 -
Heartland Financial USA is Dubuque, Iowa, has agreed to buy CIC Bancshares in Denver.
October 23 -
Nasdaq has acquired SecondMarket Solutions, a New York software-as-a-service provider that focuses on helping companies prepare for an IPO.
October 22 -
Ameriana Bancorp in New Castle, Ind., has agreed to sell its Ameriana Insurance Agency to Pfenninger, Claxton and Estelle Insurance Group for nearly $2 million.
October 22 -
The decision to terminate a shared-loss agreement with the Federal Deposit Insurance Corp. boosted third-quarter profits at East West Bancorp in Pasadena, Calif.
October 22 -
Beneficial Bancorp in Philadelphia has agreed to buy Conestoga Bancorp in Chester Springs, Pa.
October 22


