North Carolina

Spirit Community Bank would be based in Statesville, a community about 45 miles north of Charlotte. A separate set of organizers has already shared plans to open a bank east of Charlotte.

Parkway Acquisition in Virginia has agreed to buy Great State Bank for nearly $15 million.

The North Carolina bank is the latest regional to experience a widespread outage.

Banks may start paying special dividends now that capital levels have improved.

Organizers aiming to open a de novo just outside Charlotte say there's a need for a new community bank after several years of consolidation in the market.

First Citizens, which wants to buy KS Bancorp, has filed a lawsuit to challenge a so-called poison pill provision that the much smaller bank's board recently passed.

Just two months after a capital infusion, First Capital Bancshares added banking veterans including John McCoy and Harvey Glick as directors in a board overhaul, changed CEOs, and decided to move its corporate headquarters to Charleston, S.C.

Longtime CEO John Radebaugh will retire July 1, at which time EVP/COO Dan Schline will take the helm.

The as-yet-unnamed bank, which would be based near Charlotte, N.C., would be led by Randy Helton, a former CEO at American Community Bancshares.

The regional bank sold the business, which serves about 90 clients, to a New York commercial finance firm.

The bank said it plans to use proceeds from the placement to expand its operations.

Burned by a 2007 deal in Florida, Park National in Ohio had several years to reflect on lessons learned before agreeing to buy NewDominion Bank in Charlotte, N.C.

Much like small businesses, small banks can't take on huge IT projects and rely more on targeted deployments to build a user base for future technology.

NewDominion, which has completed an improbable turnaround, is the last community bank based in Charlotte, N.C.

Highlights at the North Carolina bank included deposit service charges, CRE lending and wider margins, which all offset one-time costs related to tax reform.

The company, which bought BNC Bancorp to enter North Carolina last year, recorded $19.1 million in merger-related expenses and an $8.3 million pretax loss tied to investment securities.

If Congress doesn’t take the lead on protecting consumers from data breaches, states are more than ready to offer their own fixes. Bankers will also be keeping close tabs on bills related to marijuana, PACE loans and elder financial abuse.

NewDominion Bank and M&F Bank are among the institutions willing to leave the industry's comfort zone to reach younger prospects.

Banks, especially smaller institutions, will be forced to find more ways to differentiate, Bryan Jordan said in an interview that also covered his company's recent purchase of Capital Bank and how tax reform will immediately stimulate the economy.

The planned purchase of Home BanCorp will nearly double the size of First Citizens' branch network in the Sunshine State.