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Hancock Holding (HBHC) has agreed to sell 10 Whitney Bank branches that the Gulfport, Miss., company had planned to close, as well as loans and deposits associated with the branches.
July 22 -
Eastwood plans to acquire the Austin, Minn., branches of QCR's Community National Bank along with $30.8 million in loans and $36.8 million in deposits, the companies announced Monday.
July 8 -
Baylake (BYLK) in Sturgeon Bay, Wis., has agreed to sell $26 million in deposits from two branches to 1st National Bank of Berlin in Wisconsin.
August 6
KeyWorth Bank in Johns Creek, Ga., has agreed to buy a branch from Signature Bank of Georgia in Sandy Springs.
KeyWorth plans to buy Signature's Dunwoody, Ga., branch, along with $30 million in deposits and $11.7 million in loans, the companies announced Thursday. Terms of the agreement were not disclosed.
The acquisition would give the $335 million-asset KeyWorth four branches, along with a loan office, in Georgia. The $124 million-asset Signature would have one branch. KeyWorth plans to retain the current Signature employees.
KeyWorth "has a number of customers in the Dunwoody/Sandy Springs area, and the addition of the Dunwoody Village branch will provide a convenient location for these existing and future customers to access our bank," Jim Pope, KeyWorth's president and chief executive, said in a press release.
Alston & Bird advised KeyWorth. Banks Street Partners and Womble Carlyle Sandridge & Rice advised Signature. The banks expect to complete the transaction in the fourth quarter.
