Tennessee

The Nashville, Tenn., company had opposed a request by Gaylon Lawrence to boost his ownership to 15%.

Bankers complain that the quasi-governmental system's new program designed to make more residential loans in four states goes well beyond its original mission.

This is the first special dividend the Oak Ridge, Tenn., credit union has given out since 2005.

The Tennessee regional said the sale should boost quarterly profit by $160 million.

The Tennessee-based CU is issuing a $3 million special dividend and plans to make donations to local nonprofits in celebration of its 70th anniversary.

One-time items included $43.2 million of second-quarter expenses related to the Capital Bank acquisition, but First Horizon executives forecast sizable savings from the deal.

P. Byron DeFoor, who already has majority stakes in two community banks, is planning to buy First Columbia Bancorp.

FNS Bancshares has agreed to buy Catoosa Bancshares in Fort Oglethorpe, Ga., in all-cash deal.

SmartFinancial has agreed to buy Foothills Bancorp for $36 million. It would be SmartFinancial's fifth bank acquisition since 2012.

The company will pay $114 million to gain 10 branches and $482 million in assets.

Studio Bank is set to become Nashville's first new bank since 2008. Organizers raised $46 million earlier this year.

Credit unions in Tennessee and Ohio were singled out by the U.S. Small Business Association.

Fulton Financial, Univest Corp. of Pennsylvania and Franklin Financial Services disclosed a total of $75 million in exposure to the commercial relationship.

As other banks de-emphasize mortgage lending, Citizens is spending half a billion dollars to buy a large originator with a big servicing portfolio.

James Ayers' stake in the Tennessee company will drop below 50% after a planned stock offering.

The Nashville company significantly reduced the 2018 earnings projection for its mortgage business.

Organizers of Studio Bank in Nashville have raised more than $40 million, satisfying the minimum amount set by regulators.

The company, which completed a major acquisition last year, said tax reform will help it generate a higher return on average assets.

The Alabama bank agreed to buy Peoples Bank for $23 million as part of a plan to target new Southeastern markets.

First Horizon CEO Bryan Jordan said the bank is still on track to meet cost-cutting targets from its November acquisition of Capital Bank in North Carolina.