M&A
M&A
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Floridian Financial Group in Lake Mary, Fla., is merging its subsidiaries, Orange Bank of Florida in Orlando and Floridian Bank in Daytona Beach, under the Floridian Bank name.
May 1 -
CertusBank in Greenville, S.C., continues to lose money, largely because of high expenses. The $1.6 billion-asset company lost $9 million in the first quarter, according to a call report filed with the Federal Deposit Insurance Corp.
May 1 -
Sterling Bancorp (STL) in Montebello, N.Y., said that its fiscal second-quarter profit rose 58% after it expanded through its merger with Provident New York Bancorp.
May 1 -
M&T Bank (MTB) and federal law enforcement officials have begun a fraud investigation into a former loan officer at the Buffalo, N.Y., bank.
May 1 -
FICO has acquired the Hadoop-based analytics technology developed by Karmasphere in Cupertino, Calif.
May 1 -
MB Financial's acquisition of Taylor Capital is facing a potential delay as regulators examine Cole Taylor Bank for a possible violation of a section of the Federal Trade Commission Act.
April 30 -
United Bankshares' (UBSI) earnings increased during the first quarter, with support from the completion of its Virginia Commerce Bancorp acquisition and sale of one of its own branches.
April 30 -
State Bank Financial (STBZ) in Atlanta swung to a profit in the first quarter, as it benefited from improved figures on its covered-loan portfolio.
April 30 - Ohio
First Financial Bancorp (FFBC) in Cincinnati has agreed to buy Guernsey Bancorp in Worthington, Ohio.
April 29 -
The company had been looking for a deal for a few years and finally found one in OmniAmerican, a former credit union that converted to a stock-owned company in 2010.
April 29 -
City Holding (CHCO) in Charleston, W.Va., said Tuesday that it its first-quarter earnings rose 73% from the same period last year, to $13.8 million, as the company accelerated workouts of problem loans it inherited in two acquisitions.
April 29 -
Hudson City Bancorp (HCBK) in Paramus, N.J., reported lower quarterly earnings as its planned sale to M&T Bank (MTB) still awaits regulatory approval.
April 29 -
HomeStreet (HMST) in Seattle has filed to sell up to $125 million in securities.
April 29 - Texas
Southside Bancshares (SBSI) in Tyler, Texas, has agreed to buy OmniAmerican Bancorp (OABC) in Fort Worth, Texas.
April 29 -
A breakdown of M&A announcements in the financial services industry for the week ended April 26.
April 28 -
First Landmark Bank and Midtown Bank & Trust have agreed to a merger of equals, the second deal involving Atlanta-area banks announced on Monday.
April 28 -
Commerce Union Bank in Springfield, Tenn., has agreed to buy Reliant Bank in Brentwood, Tenn.
April 28 - Idaho
Multiple bidders are the new normal in bankruptcy auctions of banks. Case in point is Banner Corp., which anticipates at least one competing offer for Idaho Banking in Boise. Some banks are increasingly letting an initial bidder bear the preparatory expense before swooping in with a higher price.
April 28 -
State Bank Financial (STBZ) in Atlanta has agreed to buy Atlanta Bancorp.
April 28 - Wisconsin
Many mutuals feel pressure to sell or switch charters. But there's another option.
April 28



