Two northeastern banks have terminated a merger agreement that had been fraught with delays for almost a year.

Officials of Carnegie Bancorp, Princeton, N.J., and Philadelphia-based Regent Bancshares abandoned their deal because of concerns about reaching an April 30 deadline.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.