North Carolina

First Community Bancshares in Bluefield, Va., has sold four insurance offices.

BB&T Corp. has agreed to pay $83 million to settle a Department of Justice investigation over loans that failed quality control tests but were still insured by the Federal Housing Administration.

First Bancorp in Southern Pines, N.C., has terminated loss-share agreements tied to a pair of failed-bank acquisitions.

Lisa McDougald, the deputy general counsel at the $222 billion-asset BB&T in Winston-Salem, N.C., and Leon Holschbach, chief executive at Midland States Bancorp, a $3 billion-asset company in Effingham, Ill., were appointed to the board this summer.

Banks are dumping their mortgage servicing rights because low rates and new rules make it hard to earn a profit. SunTrust, Flagstar and First South Bancorp in North Carolina are taking the opposite view.

Big banks in Charlotte, N.C., on Thursday told employees to work from home, following a second night of unrest in the city.

HomeTrust Bancshares in Asheville, N.C., is beefing up in Tennessee with a deal to acquire TriSummit Bancorp in Kingsport.

The $2 billion-asset holding company disclosed in a regulatory filing that its Xenith Bank reached an agreement Friday with Gateway Bank Mortgage in Wilmington, N.C., to sell certain assets to Cornerstone Home Lending, a multistate lender based in Houston.

Carolina Premier Bank in Charlotte, N.C., has hired Don Jackson from Community One Bank in Asheboro, N.C., as director of Small Business Administration lending, a new position at the bank.

F.N.B. Corp. in Pittsburgh has selected more executives from Yadkin Financial in Raleigh, N.C., to take on leadership roles for its new markets in the Carolinas.