North Carolina

First Horizon reported lower fee income in the second quarter. The company said it is making progress planning for its pending purchase of Capital Bank Financial.

First Citizens is pressuring KS Bancorp to sell even though the banks' operations overlap in many markets in eastern North Carolina.

The North Carolina company could issue $200 million in new securities over time to fund acquisitions and other investments.

The region is responsible for a third of all bank sellers — and more than half of the industry's overall deal volume.

The North Carolina company's purchase of Chattahoochee Bank will add a branch and loan production office to its existing operations in northern Georgia.

The Georgia bank will pay $124 million for Four Oaks Fincorp, buying a bank with a large operation in Raleigh, N.C.

Pinnacle Financial Partners closed in on $20 billion in assets by buying BNC. It now has to integrate the North Carolina bank, while finding ways to boost profit and adapt to increased regulatory burden.

Having managed five credit unions even while serving as CEO of one, the 92-year-old is believed to have set a record for length of service.

Casey Crawford, head of the rapidly growing Movement Mortgage, recently recapitalized First State Bank in Danville, Va., with his own money.

The company agreed to pay $162 million to buy First South Bancorp in Washington, N.C. It is the fifth time this year that a bank in North Carolina has agreed to be sold to a buyer from another state.