Location Root Tag

East West Bancorp in Pasadena, Calif., paid $118.4 million to terminate single-family and commercial shared-loss agreements with the Federal Deposit Insurance Corp., tied to an acquisition of a failed bank.

Colony Bankcorp in Fitzgerald, Ga., has redeemed about a quarter of its shares in the Troubled Asset Relief Program.

Emclaire Financial in Emlenton, Pa., has agreed to buy United-American Savings Bank in Pittsburgh for $14.1 million.

Capital Bank CEO Eugene Taylor took a three-year break from acquisitions until agreeing to buy CommunityOne earlier this year. Taylor hopes the deal provides evidence that his team is a buyer – not a seller – in the year ahead.

CNB Financial in Clearfield, Pa., has agreed to buy Lake National Bank in Mentor, Ohio.

The $390.1 million-asset company said in a press release Tuesday that it has agreed to sell common stock to institutional investors led by Patriot Financial Partners.

Cortland Bancorp in Cortland, Ohio, is set to add a pair of former bankers to its board.

Calumet Bancorp. in Chilton, Wis., has agreed to buy Calumet Bancshares in Brillion, Wis.

The $1.3 billion-asset company said in a press release that CEO Stephen Wilson will retire at the end of the year.

Talmer Bancorp in Troy, Mich., will record a nearly $14 million charge in the fourth quarter tied to ending its loss-share agreements with the Federal Deposit Insurance Corp.

The Bancorp in Wilmington, Del., has agreed to pay a $3 million civil money penalty to address issues tied to electronic fund transfer practices.

First Priority Financial in Malvern, Pa., has redeemed $6 million in preferred stock associated with the Troubled Asset Relief Program.

Village Bank in Midlothian, Va., has been released from an enforcement order issued by the Federal Deposit Insurance Corp. and Virginia Bureau of Financial Institutions.

CalWest Bancorp in Irvine, Calif., has raised $14 million through a private offering to recapitalize and to retire its Troubled Asset Relief Program funds.

Ken Karels has guided the South Dakota company through an initial public offering and its first acquisition in three years. He is worth watching next year as ag lending comes under pressure and as Great Western continues hunting for acquisitions.

The $1 billion-asset holding company for Veritex Community Bank redeemed about $8 million worth of SBLF shares.

The Federal Reserve extended the public comment period for KeyCorp's proposed $4.1 billion takeover of First Niagara Financial Group until Jan. 31, after a lawmaker said communities affected by the deal need to weigh in.

Synovus Financial in Columbus, Ga., has offered to acquire up to $100 million of its outstanding subordinated debt.

Middleburg Financial in Middleburg, Va., plans to record a $3 million impairment charge tied to a participation loan in which the borrower has been accused of fraud.

Citizens & Northern in Wellsboro, Pa., has paid off a $24 million repurchase agreement and will record a loss on the prepayment.