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BNC Bancorp in High Point, N.C., has agreed to buy Southcoast Financial in Mount Pleasant, S.C., for $95.5 million in stock.
August 14 -
Pioneer Bancshares in Dripping Springs, Texas, has struck a deal to merge with FC Holdings, the parent company of First Community Bank in Sugar Land, Texas.
August 13 -
Shareholders of Lenox National Bank have approved a deal to sell the institution to its western Massachusetts neighbor Adams Community Bank.
August 11
First National Bank of Pana in Illinois has agreed to buy The State Bank of Blue Mound in Illinois.
Financial details of the deal, which is expected to close in the fourth quarter, were not disclosed. The two banks said that the combined bank would have stronger capital and be able to offer a wider array of banking services to consumers as well as agricultural and other business customers.
The $143 million-asset First National Bank of Pana has three branches, while the $31 million-asset State Bank of Blue Mound has one.
