North Carolina

BB&T will close a loan-processing center in Hagerstown, Md., which it obtained from its acquisition of Susquehanna Bancshares.

First Horizon National in Memphis, Tenn., has received regulators' approval to acquire TrustAtlantic Financial, after it delayed the closing date.

Brian Moynihan, Bank of America's chairman and CEO, told investors Thursday that revenue from fixed-income and equity markets should decline by 5% to 6% in the third quarter compared with a year ago. The Charlotte, N.C., bank will continue to have a higher efficiency ratio relative to its peers because of the high costs of paying financial advisers.

FS Bancorp in Mountlake Terrace, Wash., has agreed to buy four branches in Washington from Bank of America in Charlotte, N.C.

Carolina Trust Bank in Lincolnton, N.C., has named an auto dealership executive to its board.

ASB Bancorp in Asheville, N.C., has received its second demand in less than a month to put itself on the auction block.

BB&T in Winston-Salem, N.C., plans to close 25 branches as part of its integration of National Penn Bancshares in Allentown, Pa.

The North Carolina company had made it clear it would pursue more acquisitions after closing its purchase of the $19 billion-asset Susquehanna Bancshares earlier this year.

Entegra Financial in Franklin, N.C., has agreed to buy two South Carolina branches from Arthur State Bank in Union, S.C.

BNC Bancorp in High Point, N.C., has agreed to buy Southcoast Financial in Mount Pleasant, S.C., for $95.5 million in stock.