Tennessee

The company, which bought BNC Bancorp to enter North Carolina last year, recorded $19.1 million in merger-related expenses and an $8.3 million pretax loss tied to investment securities.

The Tennessee company has been buying banks in smaller markets and college towns where it rarely has to compete with financial giants.

The credit union’s new name is intended to reflect its electric utility roots, as well as its growth beyond a single-SEG institution.

Banks, especially smaller institutions, will be forced to find more ways to differentiate, Bryan Jordan said in an interview that also covered his company's recent purchase of Capital Bank and how tax reform will immediately stimulate the economy.

The company will also gain branches in northern Alabama when it buys Tennessee Bancshares.

The Tennessee company also set high expectations for revenue opportunities while projecting it will deliver a 15% return on equity in 2019.

Tennessee-based CU has returned $71.5 million over the last 13 years.

CapStar claims Gaylon Lawrence violated the Change in Bank Control Act by building a 10% stake without prior Fed approval. The company says it's convinced Lawrence's long-term plan includes a hostile takeover.

The Tennessee branches are being sold as part of First Horizon's deal to buy Capital.

The company has reapplied to buy Civic Bank more than a year after a regulatory snag forced it to put the deal on ice.