M&A
M&A
- Pennsylvania
Team Capital Bank in Bethlehem, Pa., has done something few startups of the last decade could boast of: it survived the financial crisis and just sold for $122 million.
December 20 -
Most of the bankers highlighted a year ago made headlines, took bold steps or had successful years. As expected, some bought other banks, rebranded or repositioned their companies for the future.
December 20 -
More and more banks are ramping up in asset-based lending, even as some fret about increased regulatory scrutiny. In a Q&A, the head of the industry's trade group discusses the latest trends, what's keeping his members up nights and what to look for in the year ahead.
December 20 -
Peoples Financial (PFBX) in Biloxi, Miss., sold about $27.3 million in nonperforming assets in the fourth quarter.
December 20 - Ohio
First Financial Bancorp (FFBC) in Cincinnati has agreed to buy Insight Bank in Worthington, Ohio.
December 20 - New Jersey
Provident Financial Services (PFS) in Jersey City, N.J., has agreed to buy Team Capital Bank in Bethlehem, Pa.
December 20 -
Horizon Bancorp (HBNC) in Michigan City, Ind., has named a new chief financial officer and made two other executive promotions.
December 19 -
This time last year American Banker predicted six types of deals that would predominate in 2013. We were right about some things (more mergers of equals), wrong about others (lots of tiny banks would sell), and partly correct in some cases. Here's our self-critique.
December 19 -
Competition and regulation will make things difficult next year, but a panel of banking experts believes banks that mine new markets and expand product offerings have an opportunity to succeed.
December 19 -
The $1.1 billion-asset company said in a regulatory filing Thursday that it sold bank and insurance trust-preferred collateralized debt obligations that cost about $8.3 million -- at an $850,000 loss.
December 19 -
Olney Bancshares of Texas in Olney has agreed to buy Park Cities Bank from North Texas Bancshares in Dallas.
December 19 -
Rockville Financial (RCKB) in Connecticut and United Financial Bancorp (UBNK) in West Springfield, Mass., will close four overlapping branches after their planned merger closes next year.
December 19 - PSO content
Officials in Tucson, Ariz. voted to erase nearly $10 million from the city's books but that doesn't mean delinquent individuals are off the hook.
December 19 -
BancorpSouth (BXS) in Tupelo, Miss., is strengthening its insurance business in Texas.
December 19 -
First Niagara Financial (FNFG) in Buffalo, N.Y., didn't have to look far to find its next president and chief executive, even though the search process lasted nine months.
December 19 -
Flagstar Bancorp (FBC) has agreed to sell the majority of its mortgage-servicing rights but will retain the subservicing rights, the Troy, Mich., company said Wednesday.
December 18 -
Investors Bancorp (ISBC), in Short Hills, N.J., filed registration papers to dissolve its mutual holding company and convert to a fully stock-owned company.
December 18 -
MidCoast Community Bank's founder and former chief executive pleaded guilty Wednesday to charges of bank fraud and money laundering.
December 18 -
BNC Bancorp's deals to spend $48 million on two lenders with sizable levels of nonperforming assets show that strugglers can command stronger prices in markets where aggressive banks are under pressure to buy.
December 18 -
First Financial Bancorp (FFBC) in Cincinnati has agreed buy First Bexley Bank, in a deal that would bring First Financial into the Columbus market.
December 18



