M&A
M&A
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First Guaranty Bancshares in Hammond, La., has filed for a $75 million initial public offering.
October 28 - Louisiana
Iberiabank is excited to add equipment finance and an SBA lending platform when it buys Old Florida Bancshares. The deal also gives the Louisiana company its first branches in Orlando.
October 27 -
Profits rose at Bridge Bancorp in Bridgehampton, N.Y., on strong loan growth. The $2.2 billion-asset reported net income of $4.9 million in the third quarter, up 56% from a year earlier.
October 27 -
Triumph Bancorp in Dallas is looking to raise $123 million through an initial public offering.
October 27 -
Hudson Valley Holding Corp. (HVB), a New York City-area lender with about $3.2 billion in assets, is exploring a sale, people with knowledge of the matter said.
October 27 - Florida
Iberiabank in Lafayette, La., has agreed to acquire Old Florida Bancshares in Orlando.
October 27 -
The company's $800 million goodwill impairment charge may reflect macroeconomic factors, but also likely resulted from a purchase of HSBC branches two years ago. Other banks are unlikely to face the exact same issues, observers said.
October 24 -
PlainsCapital Bank in Dallas said on Friday that it plans to close 11 branches in the Rio Grande Valley.
October 24 - Minnesota
A Minnesota community bank has made an offer to buy American Bank of St. Paul in what would be the first time a bank was forced into a sale over unpaid trust-preferred debt.
October 24 -
First Waterloo Bancshares in Waterloo, Ill., has agreed to buy Prairie Financial Bancorp in Stewardson, Ill.
October 24 -
Sierra Bancorp in Porterville, Calif., has tapped an insider to succeed its retiring chief executive.
October 24 -
CVB Financial in Ontario, Calif., reported a slight uptick in third-quarter earnings after loans and expenses increased from its acquisition of American Security Bank.
October 23 -
State Bank Financial in Atlanta more than doubled quarterly earnings on gains from acquisitions and noninterest income.
October 23 -
Columbia Banking System in Tacoma, Wash., reported higher quarterly profits that featured lower costs.
October 23 -
Chemical Financial in Midland, Mich., reported a higher profit thanks to double-digit loan growth and credit-quality improvements.
October 23 -
United Financial Bancorp in Glastonbury, Conn., saw its profits surge in the first full quarter after merging with Rockville Financial.
October 23 - Iowa
Heartland Financial USA in Dubuque, Iowa, has agreed to buy Community Banc-Corp of Sheboygan in Wisconsin.
October 23 -
Flagstar Bank lost $27.6 million in the third quarter, driven by a Consumer Financial Protection Bureau penalty of $37.5 million, the Troy, Mich., lender said Wednesday.
October 22 -
Union First Market Bankshares in Richmond, Va., is seeing the benefits of its acquisition of StellarOne in Charlottesville, Va.
October 22 -
San Diego Private Bank has agreed to buy all the loans and deposits of First Security Business Bank in Orange, Calif.
October 22


