South Carolina

Coastal Banking in Beaufort, S.C., has agreed to buy First Avenue National Bank of Ocala in Florida.

Coastal Banking in Beaufort, S.C., has redeemed stock that it originally issued as part of the Troubled Asset Relief Program, after it obtained a $10 million loan.

HomeTrust Bancshares in Asheville, N.C., has agreed to pay an additional $484,000 to complete its July 2013 acquisition of BankGreenville Financial.

Kabbage is one of many nonbank lenders looking to partner with traditional financial institutions. But the firm is facing a tough sell with bankers who worry about the risks associated with ceding control of the loan-underwriting process.

Independence Bancshares in Greenville, S.C., has dismissed Gordon Baird as chief executive and suspended its development of a real-time payments technology.

The $120 million-asset mutual thrift filed its application with federal regulators this month. Citizens expects the formation to be completed by the first quarter, Chief Executive Tommy Johnson said in an interview.

South State in Columbia, S.C., reported higher second-quarter profit on improved levels of efficiency and a decline in merger-related expenses.

MY CU Services is set to take ownership of the PCSi division of Palmetto Cooperative after the parties entered into a strategic alliance.

First Bancorp in Southern Pines, N.C., has redeemed about half of its shares in the Small Business Lending Fund.

John Poelker recently stepped down from CertusHoldings in Greenville, S.C., but in less than a year on the job he broke up a $1.7 billion-asset company that had lost roughly $170 million from 2012 to 2014 amid investor claims of mismanagement and excessive spending by his predecessors. Here's a look at how he did it.

First Reliance Bancshares in Florence, S.C., is again current on its dividends tied to the Troubled Asset Relief Program.

Coastal Banking in Beaufort, S.C., has promoted the head of its mortgage banking division to president of CBC National Bank.

The South Carolina bank has been shedding assets in recent months after suffering millions of dollars in losses in recent years. The bank ousted its management team last year due to poor financial performance and conflicts with investors.

Independence Bancshares in Greenville, S.C., has raised nearly $8.5 million to help it expand its payments, technology and digital banking operations.

The chief executive of CertusBank in Greenville, S.C., has officially stepped down after undergoing heart surgery.

CertusBank's chief executive, who joined the Greenville, S.C., company after its founders were fired last year, has left his post due to a medical issue.

The banking company is the latest to flirt with a threshold that promises added regulatory burden. But a pause from more acquisitions should also give management a chance to brush up on deal integration before making an even larger acquisition.

South State in Columbia, S.C., has agreed to buy 13 Bank of America branches in South Carolina and Georgia.

United Community Banks in Blairsville, Ga., has agreed to buy Palmetto Bancshares in Greenville, S.C.

Community First Bank in Seneca, S.C., has overhauled its executive management team, including naming new chief executive, financial and credit officers.