M&A
M&A
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Activist investor PL Capital has taken a $3.5 million stake in Old Point Financial (OPOF) in Hampton, Va.
January 6 -
After Decatur First Bank failed, Judy Turner could have been blacklisted from banking. But she was hired by another bank looking to enter a new market -- and she is making a solid comeback.
January 6 -
First Financial Bancorp (FFBC) in Cincinnati is entering the Fort Wayne, Ind., market with the establishment of commercial and residential mortgage teams there.
January 6 - PSO content
An annual survey from the American Hospital Association reveals that U.S. community hospitals posted $45.9 billion in uncompensated care in 2012, representing 6.1 percent of total hospital expenses.
January 6 -
The second half of December is generally a slow period for news, with many people on vacation and businesses and government closed on holidays. Still, banks made a number of significant announcements this holiday season. In many cases the timing of disclosures may have been driven by circumstance - regulators appeared eager to wrap up settlements by yearend.
January 5 -
The $2 billion-asset company is moving the headquarters of its mortgage banking and wealth management businesses to the Greater Richmond area, according to a Friday press release.
January 3 -
CNB Financial (CCNE) in Clearfield, Pa., plans to sell up to $75 million in preferred and common stock.
January 3 -
Investors Bancorp (ISBC) in Short Hills, N.J., is set to complete its purchase of Gateway Community Financial in Sewell, N.J., next week.
January 3 - Arkansas
J. Thomas May still believes community banks can thrive but executives must find new ways to engage customers, control costs and build scale.
January 3 -
Square 1 Bank in Durham, N.C., has bought Sand Hill Finance, a finance company based in the Silicon Valley.
January 2 -
Fred Joseph retired from overseeing banks and securities firms last month. In a wide-ranging interview, he reflected on his career and provided perspective on the future of the banking industry.
January 2 -
Delmarva Bancshares in Cambridge, Md., has raised $11 million through a private placement.
January 2 -
PacWest Bancorp (PACW) in Los Angeles will take a $12 million after-tax charge in the fourth quarter because of stock awards connected to its pending acquisition of CapitalSource (CSE).
January 2 - Florida
The state had a dozen deals last year as foreign investors looked to expand, particularly in the Miami area.
January 2 -
A former bank director accused of spearheading a massive investment scheme was arrested after a year and a half on the lam.
January 2 - PSO content
Wells Fargo & Co will pay a net $541 million to Fannie Mae to settle claims concerning defective home loans. The settlement completes the government-run mortgage company's efforts to have banks buy back troubled loans that were made before the financial crisis.
January 1 -
Private equity, new regulatory costs and declining benefits from failed-bank deals are some of the big factors that will determine who buys and sells in the coming year.
December 31 -
George Jones, who recently retired, is proud of how the Dallas company grew while avoiding acquisitions. He believes Texas Capital can quadruple to $40 billion in assets by staying the course.
December 31 -
The agreement paves the way for John Palmer, a principal and co-founder of PL Capital, to join BankFinancial's board.
December 30 -
A retired executive at Yadkin Financial (YDKN) resigned last week in a dispute over the Elkin, N.C., company's growth strategy.
December 30





