Americas

Continuing its aggressive expansion throughout the Southeast, Renasant Bank in Tupelo, Miss., is opening its first office in east Tennessee.

Northeast Bancorp (NBN) of Lewiston, Maine, is looking to raise additional capital so it could continue to expand its loan portfolio.

EverBank Financial in Jacksonville, Fla., reduced the size of its public offering again on Thursday, just hours before its shares began trading.

The Private Bank of California in Los Angeles is opening a new office in affluent — and crowded — Orange County and has hired three local bankers to manage the office and drum up business there.

Atlantic Coast Financial (ACFC) of Jacksonville, Fla., reported a narrower loss in the first quarter than in previous quarters as it reduced its overhead and reiterated that it is still considering selling itself.

Huntington Bancshares (HBAN) is pairing with a Michigan retailer to substantially expand its presence in the state over the next decade.

Ovation Holdings Inc. has agreed to buy most of Royal Palm Bank in Florida from Mercantile Bancorp.

Orrstown Financial Services said Tuesday that shareholders voted in support of management's compensation, though they also voted to eliminate supermajority voting.

The Federal Reserve Board has terminated a written agreement with MidSouth Bank after capital levels improved and noncurrent loans decreased at the Murfreesboro, Tenn., company.

Shares of Premier Financial Bancorp (PFBI) surged to a 52-week high Tuesday after the Huntington, W.Va., four-bank holding company reported a 69% increase in its first-quarter profit.