Location Root Tag

A Tennessee community bank investor has acquired a majority stake in AB&T Financial in Gastonia, N.C.

City Holding in Charleston, W.Va., has agreed to buy three branches in Kentucky from American Founders Bank in Lexington.

The South Carolina bank has been shedding assets in recent months after suffering millions of dollars in losses in recent years. The bank ousted its management team last year due to poor financial performance and conflicts with investors.

First Bank in Wilmington, N.C., opened a new branch in Jacksonville, N.C., earlier this week, that was designed to be environmentally friendly.

Heartland Financial in Dubuque, Iowa, has agreed to buy Premier Valley Bank in Fresno, Calif.

Anthony Weagley is starting to leave his stamp on Malvern Bancorp in Paoli, Pa.

Mercantile Bank in Grand Rapids, Mich., has named a new chief executive for its bank unit as it overhauls its leadership in the wake of the retirement of its chairman.

Pacific Premier Bancorp in Irvine, Calif., has named Allen Nicholson chief financial officer.

The $447 million-asset Inland Northwest said Russell Lee will take over as CEO on June 29.

Southwest Bancorp in Stillwater, Okla., has agreed to buy First Commercial Bancshares in Edmond, Okla.

Green Bancorp in Houston has agreed to buy Patriot Bancshares, saying it will pay $139 million in common stock for the $1.3 billion-asset parent of Patriot Bank.

Valley National Bancorp in Wayne, N.J., announced its second deal in Florida, a state that has been difficult for other out-of-state banks to enter.

Independence Bancshares in Greenville, S.C., has raised nearly $8.5 million to help it expand its payments, technology and digital banking operations.

F.N.B. in Pittsburgh has agreed to buy five branches from Bank of America in eastern Pennsylvania.

Valley National Bancorp in Wayne, N.J., has agreed to buy CNLBancshares in Orlando, Fla.

MutualFirst Financial in Muncie, Ind., is facing pressure from an activist investor to explore a potential sale, even after the bank earlier this year agreed to implement a demand made by the same activist.

First BanCorp in San Juan, Puerto Rico, has agreed to sell about $200 million in nonperforming loans and other assets to improve credit quality.

Stonegate Bank in Pompano Beach, Fla., has confirmed that it will provide a bank account to the Cuban government.

Proposed new rules from the CFPB could wind up forcing banks out of the small-dollar lending business, leaving cash-strapped consumers with fewer borrowing options.

First United in Oakland, Md., will exit the Troubled Asset Relief Program after winning an auction to repurchase a warrant from the U.S. Treasury Department.