Americas

Activist investor Joseph Stilwell wants the company to find a seller a month after one of his representatives quit the board.

Fulton Financial Corp. has promoted an insider to replace R. Scott Smith Jr., who announced plans to retire from the Lancaster, Pa., company at the end of this year.

The Federal Reserve Board has terminated a written agreement with Mid America Bank and Trust Co. in Dixon, Mo.

A Virginia investor who has co-founded and sold three community banks in the past decade may buy up to a 45% share in First Capital Bancorp Inc. in Glen Allen, Va.

Bridge Capital Holdings Inc. in San Jose is opening a third loan office on the East Coast to lend to emerging technology companies.

Making good on its promise to continue to grow through acquisitions, Iberiabank Corp. in Lafayette, La., announced Monday that it is buying the $350 million-asset Florida Gulf Bancorp Inc. in Fort Myers for up to $48.1 million in stock and cash.

United Security Bancshares Inc. in Thomasville, Ala., reported a fourth-quarter loss of $9.5 million, compared with a loss of $6.5 million a year earlier, as it recorded a $4.1 million goodwill impairment charge to reflect continued weakness in its real estate portfolio.

Seacoast Commerce Bank in Chula Vista, Calif., will open its first loan-production office in Utah.

Orrstown Financial Services Inc. in Shippensburg, Pa., said it expects to reach formal agreements with regulators that could require it to strengthen its credit risk management practices.

United Community Financial Corp. in Youngstown, Ohio reported a fourth-quarter profit of $7.9 million, compared with a loss of $17.3 million a year earlier, after selling four branches.