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The companies spent much of the past decade completing smaller deals that created complementary footprints in the Southeast.February 26
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CenterState and South State are the latest regionals to announce a deal driven heavily by the need to compete with larger banks that can afford to spend more on cutting-edge technologies.January 27
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The deal will create a bank with $34 billion in assets and operations stretching from Virginia to Florida.January 27
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United Bankshares in West Virginia was willing to pay a healthy premium for Carolina Financial, one of a dwindling number of available banks with more than $4 billion in assets.November 18
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The company will pay $1.1 billion for Carolina Financial in Charleston, S.C., in a deal that will add nearly $5 billion in assets.November 18
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Skip Brown, an executive with Winston-Salem Banking Group, says it has signed a letter of intent to buy a community bank three months after withdrawing a charter application.September 6
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The company, based in Charleston, S.C., will buy Carolina Trust in western North Carolina for $100 million.July 15
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The North Carolina company will have two branches remaining in South Carolina after the sale closes.June 6
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The North Carolina company agreed to pay $38 million in cash for First South Bancorp.January 10
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Wells Fargo will lay off 1,000 workers primarily from its mortgage unit in the first major round of a previously announced plan to cut the bank's workforce by as much as 10% over the next three years.November 15
