Bankers in North Carolina have been talking up the potential for more consolidation for some time. A recent filing by Yadkin Financial (YDKN) in Elkin, N.C., confirms just how brisk those discussions have been.

Yadkin agreed in January to merge with VantageSouth (VSB) in Raleigh, N.C., in a $300 million deal that will create the state's biggest community bank. Before reaching an agreement, each bank had extensive conversations with other targets and suitors, Yadkin disclosed in its proxy filing tied to the merger.

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