South Carolina

Citizens Bancshares has agreed to buy Regional Bankshares for $11 million.

Beacon Community Bank, which opened in January, raised $34 million through a private placement.

California officials had accused Advance America of wrongly assessing Department of Motor Vehicles fees on its payday loans to skirt the state's interest rate cap.

Just two months after a capital infusion, First Capital Bancshares added banking veterans including John McCoy and Harvey Glick as directors in a board overhaul, changed CEOs, and decided to move its corporate headquarters to Charleston, S.C.

The South Carolina company also provided a timeline for heightened regulation tied to crossing the $10 billion asset threshold.

John Kimberly, who was CEO of a bank that CAB bought in 2014, is set to take the helm on Jan. 1.

First Reliance in South Carolina, which recently announced its first bank acquisition, is angling to take advantage of disruption caused by bigger mergers in the Carolinas.

The company, which agreed to buy Independence Bancshares, also brought in $25 million by selling common and preferred stock.

Lynn Harton was finally named CEO of United Community Bank after a five-year apprenticeship, though Jimmy Tallent remains CEO of the parent company. The executives have long touted an ability to bounce ideas off each other as a reason for United's success.