Americas

Hometown Community Bancorp in Morton, Ill., has agreed to buy Illini Corp. in Springfield, Ill.

Mid Penn Bancorp in Millersburg, Pa., has hired Michael Peduzzi as chief financial officer.

Community Financial Corp. in Waldorf, Md., has agreement to support a director nominated by the activist investor Basswood Capital Management.

Royal Financial in Chicago has agreed to sell $25.8 million of distressed assets associated with its pending purchase of Park Bancorp in Chicago.

Hackers penetrated the computer network of a Verizon Communications subsidiary, but the company says it plugged the hole before much data was compromised.

Sterling Bancorp in Montebello, N.Y., plans to raise $105 million in a debt sale to fuel potential acquisitions of commercial lenders.

Jefferson Security Bank in Shepherdstown, W.Va., has promoted Cynthia Kitner from chief financial officer to chief executive.

Fentura Financial in Fenton, Mich., has agreed to buy Community Bancorp in St. Charles, Mich.

The former chief executive of a failed bank in Lincoln, Neb., was sentenced to 11 years in prison for forming a scheme to hide more than $100 million in losses from shareholders and regulators.

Carolina Trust Bank in Lincolnton, N.C., has revised downward its fourth-quarter results because of accounting changes related to its retirement plan and an acquisition from years ago.