Iberiabank is buying Cameron Bancshares for $133 million in stock. It was the second in-state deal this year for the New Orleans-based Iberiabank, which has $10 billion of assets.
In the first of what is expected to be a series of deals, Park Sterling Bank in Charlotte, N.C., agreed to pay $32.4 million for the struggling Community Capital Corp. in Greenwood, S.C.
The acquisitive Grandpoint Capital in Los Angeles struck a $32.1 million deal to buy the parent company of Orange Community Bank, which has $224 million of assets and three branches.
Home Bancorp in Lafayette, La., plans to enter the New Orleans market with its $26.2 million acquisiton of GS Financial Corp. Homes says it will have assets of $950 million after the deal closes.
Embarcadero Bank is paying $9.3 milliion for Coronado First Bank, but will operate under the Coronado First name after the merger. Both California banks were under $100 million in assets.
