United Community Bank (UCBI) in Georgia is expanding its Small Business Administration funding by acquiring a portion of Business Carolina's (BCI) operations.

The long wait is finally over for Mercantile Bank (MBWM) in Grand Rapids, Mich., as it looks to acquire Firstbank (FBMI) in Alma, Mich.

First Niagara Financial (FNFG) in Buffalo is shelling out another six-figure sum for severance tied to an ousted executive.

National Bank Holdings (NBHC) in Greenwood Village, Colo., has consolidated the roles of chairman and chief executive.

Bank of the Ozarks (OZRK) in Little Rock, Ark., is encouraging shareholders to support its proposal to more than double its authorized common stock.

Commerce Bancshares (CBSH) in Kansas City, Mo., has agreed to sell three branches in rural southeastern Missouri to New Era Bank in Fredericktown, Mo.

Washington Federal (WAFD) in Seattle negotiated a discount on its recent purchase of Bank of America (BAC) branches after deposits levels at those locations fell.

Valley National Bancorp (VLY) in Wayne, N.J., has agreed to buy 1st United Bancorp (FUBC) in Boca Raton, Fla.

The $44.5 million purchase comes as financial tech companies continue to enhance online and mobile offerings.

Xenith Bankshares (XBKS) in Richmond, Va., has named Thomas Snead Jr. chairman.

Simmons First National (SFNC) in Pine Bluff, Ark., has agreed to buy Community First Bancshares in Union City, Tenn.

Wayne Griest, Continental's chief executive, once worked with Bryn Mawr's CEO at another institution. That familiarity came in handy as the two banks began discussing the potential of a merger.

The New York company has emerged from a regulatory order with a stated goal of branching out from a longtime focus on commercial real estate by adding specialty-lending lines. Now management is looking to leverage a huge cash buffer and strong deposit base.

UMB Financial (UMBF) in Kansas City, Mo., has agreed to buy the corporate trust business of RCB Bank in Claremore, Okla.

A breakdown of M&A announcements in the financial services industry for the week ended May 3.

Green Bancorp in Houston has agreed to buy SP Bancorp (SPBC) in Plano, Texas.

The company will soon exceed $50 billion in assets, which will bring with it added scrutiny and possible pressure to lower its dividend. CEO Joseph Ficalora is hopeful that he can preserve a high dividend, even though regulators appear to have a preference for repurchase activity.

First American Bank in Elk Grove Village, Ill., has agreed to buy Bank of Coral Gables in Florida.

First National Bank of Southern California announced Monday that it is acquiring First Mountain Bank in Big Bear Lake, Calif., in a deal that would roughly double its size.

The company, which agreed to buy Continental Bank in Pennsylvania, has the "firepower" for more deals as it looks to build the size to match its existing cost structure, CEO Ted Peters says.