North Carolina

Yadkin Financial revealed in a regulatory filing that merger talk is running rampant across the state. Yadkin agreed to merge with VantageSouth in January to create North Carolina's biggest community bank.

Four Oaks Fincorp (FOFN) in Four Oaks, N.C., could raise more than $27 million in a securities agreement and rights offering.

Entregra Financial in Franklin, N.C., has filed to sell nearly $50 million in common stock as part of it planned conversion to a stock company.

Once thought of as cheap capital, Tarp is getting more expensive as the dividend rate jumps from 5% to 9%. Banks that are still in the program could see the increase as one more force pushing them to consider their options.

Square 1 Financial in Durham, N.C., is planning to hit the road to promote its planned initial public offering.

NewBridge Bancorp (NBBC) in Greensboro, N.C., has issued nearly $16 million in subordinated debt to redeem all the preferred stock it issued under the Troubled Asset Relief Program.

The Charlotte, N.C., bank offers a model for other community banks that have expanded quickly in recent years but face a pricier M&A market: focus on smaller deals that provide additional liquidity and plug geographic holes.

BB&T Corp. (BBT) Chief Executive Officer Kelly King had his pay cut 8.3 percent to $7.84 million for his work in 2013 after the bank missed profitability targets.

Park Sterling Corp. (PSTB) in Charlotte has agreed to buy Provident Community Bancshares (PCBS) in Rock Hill, S.C.

The boards of directors of HomeTrust Bancshares (HTBI) and Bank of Commerce have reached a definitive agreement to form a strategic partnership for an undisclosed price.

Wells Fargo (WFC), the nation's largest mortgage lender, plans to eliminate 700 more jobs as fewer borrowers are looking to refinance their mortgage loans.

John A. Allison is planning to retire from the board of BB&T (BBT) in Winston-Salem, N.C.

The $3.2 billion-asset company said in a press release Tuesday that Michael Mayer had been the chief executive of 1st Financial Services in Hendersonville, N.C.

Park Sterling (PSTB) in Charlotte, N.C., has added to its recently established team in Virginia.

VantageSouth Bancshares (VSB) in Raleigh, N.C., has redeemed all outstanding shares issued to the Treasury Department under the Troubled Asset Relief Program.

South Street Financial had just given up on raising capital and had hired Raymond James to evaluate possible suitors when a BNC representative visited the CEO's office to request merger talks.

An investment firm in North Carolina has raised its stake in Republic First Bancorp (FRBK) in Philadelphia.

CommunityOne Bancorp (COB) in Asheboro, N.C., reported its second consecutive quarterly profit.

First Citizens BancShares (FCNCA) in Raleigh, N.C., received an earnings boost from improved credit quality and a favorable adjustment to loss-share agreements with the Federal Deposit Insurance Corp.

HomeTrust Bancshares (HTBI) in Asheville, N.C., has agreed to buy Jefferson Bancshares (JFBI) in Morristown, Tenn.