Location Root Tag

The $30.2 million-asset Citizens, in Hartford, Ky., agreed to pay a 1.77% premium for the branch's average daily balance of assumed deposits for the ten days prior to the closing date.

CIT Group will pay about $60 million in severance to 14 executives who have been dismissed or left the company, as it continues to shuffle its executive lineup following its August acquisition of OneWest Bank.

Carolina Financial in Charleston, S.C., plans to raise $30 million in a public offering of its common stock.

Bank of Lancaster in Kilmarnock, Va. has promoted Susan Pittman to the newly created position of chief lending officer.

Bank of the Ozarks in Little Rock, Ark., which has made 15 bank deals since 2010, has raised $110 million in an offering of its common stock.

Cardinal Bankshares in Floyd, Va., has named a new chairman and made additional executive appointments ahead of its merger with Grayson Bankshares in Independence, Va.

Univest Corp. of Pennsylvania in Souderton has agreed to buy Fox Chase Bancorp in Hatboro, Pa., for $244.3 million.

BOK Financial in Tulsa, Okla., has agreed to buy MBT Bancshares in Kansas City, Mo., for $102 million.

Eagle Bancorp in Bethesda, Md., has added equipment leasing to its lineup of commercial banking products.

Enterprise Financial Services in Clayton, Mo., has reached an agreement to end loss-share agreements tied to the four failed banks it acquired during the financial crisis.

First Republic Bank in San Francisco has promoted Jason Bender to chief operating officer.

An activist investor has called on the lead director of Banc of California in Irvine to disclose details about Chairman and Chief Executive Steven Sugarman's involvement in an investment fund that violated securities laws.

First Republic Bank in San Francisco has promoted Mike Selfridge to the newly created role of chief banking officer.

Santander Consumer USA Holdings in Dallas has named Ismail "Izzy" Dawood as chief financial officer.

Peoples Financial Services in Scranton, Pa., has bought a retirement planning operation.

Codorus Valley Bancorp in York, Pa., plans to sell $30 million of stock to fund its exit from the Small Business Lending Fund program.

BBCN Bancorp in Los Angeles has agreed to buy Wilshire Bancorp in Los Angeles.

The $3.2 billion-asset mutual thrift will close offices in Howland, Farmington, Hartland and East Millinocket, Maine. The proposed closings require regulatory approval.

California Bank & Trust in San Diego has given its chief financial officer the additional titles of president and chief operating officer.

The $2.5 billion-asset company will freeze pension benefits for the 10% of its workforce that still receive a pension.