Location Root Tag

Southern Missouri Bancorp (SMBC) in Poplar Bluff, Mo., has agreed to buy Peoples Banking Company in Nixa, Mo.

First United (FUNC) in Oakland, Md., has received regulatory approval to catch up on interest payments for certain obligations.

John A. Allison is planning to retire from the board of BB&T (BBT) in Winston-Salem, N.C.

The $3.2 billion-asset company said in a press release Tuesday that Michael Mayer had been the chief executive of 1st Financial Services in Hendersonville, N.C.

An unsolicited offer from an unnamed institution prompted Team Capital Bank in Bethlehem, Pa., to explore selling itself.

The Federal Reserve Bank of Richmond and the Virginia Bureau of Financial Institutions have terminated their regulatory agreement with Hampton Roads Bankshares (HMPR) in Virginia Beach and its subsidiary the Bank of Hampton Roads.

The $3 billion-asset company said in a press release Tuesday that Jack Allison will oversee the bank's banking, mortgage, small business, information technology and retail divisions, along with the operations of investment firm, Sun Financial Services, in a newly created post.

Synovus (SNV) in Columbus, Ga., is planning to replace two directors and pursue a 1-for-7 reverse stock split.

OceanFirst Financial (OCFC) in Toms River, N.J., has added its president and chief operating officer to its board.

Stilwell Group is irate that Poage Bankshares has agreed to buy another Kentucky bank. The activist investor would prefer to see the company buy back stock and, eventually, find a buyer.

Ameris Bancorp (ABCB) in Moultrie, Ga., has received regulatory approval to buy back its remaining preferred stock tied to the Troubled Asset Relief Program.

Central Pacific Financial (CPF) in Honolulu will repurchase a large block of stock from two investors.

CenterState Banks (CSFL) in Davenport, Fla., has appointed Ed Kofman to head its loan trading and hedge desk as managing director.

Mercantile Bank (MBWM) in Grand Rapids, Mich., and Firstbank (FBMI) in Alma, Mich., are extending the termination date for their delayed merger.

Union State Bank in Arkansas City, Kan., has had a member of the Docking family at its helm for more than 50 years. That is about to change.

Park Sterling (PSTB) in Charlotte, N.C., has added to its recently established team in Virginia.

VantageSouth Bancshares (VSB) in Raleigh, N.C., has redeemed all outstanding shares issued to the Treasury Department under the Troubled Asset Relief Program.

City National (CYN) in Los Angeles is transferring an executive to become head of its bank's New York private client services group.

South Street Financial had just given up on raising capital and had hired Raymond James to evaluate possible suitors when a BNC representative visited the CEO's office to request merger talks.

The Federal Deposit Insurance Corp. is suing eight former officers and directors of Habersham Bank over their role in the failure of the Clarkesville, Ga., lender.