Americas

The $17 billion-asset holding company for First National Bank of Pennsylvania plans to use the proceeds for general corporate purposes, according to a Wednesday news release.

Great Southern Bancorp in Springfield, Mo., has agreed to buy 12 branches around St. Louis from Fifth Third Bancorp in Cincinnati.

OFG Bancorp in San Juan, Puerto Rico, will record a pretax loss of roughly $21 million after its sells all remaining nonperforming assets from its 2010 purchase of the failed Eurobank.

Bank of Hawaii in Honolulu is getting out of the aircraft leasing business.

Get a bunch of community bankers together and they start sharing efficiency ratios like golf scores. There seem to be more bogeys than holes in one these days in the course of cost-cutting.

Anchor Bancorp in Lacey, Wash., is facing a renewed proxy battle from activist investor Joel Lawson 4th ahead of its annual shareholders meeting in late October.

Bank of America plans to lay off about 200 employees in global banking and markets, the Wall Street Journal reported Tuesday.

Ameris Bancorp in Moultrie, Ga., plans to close 10 branches in an effort to save about $5 million a year in operating costs.

Centrue Financial in Ottawa, Ill., plans to sell 4.8 million shares on behalf of stockholders. The shares would be worth $77 million based on the most recent price of $16 per share.

Nicolet Bankshares in Green Bay, Wis., has redeemed about half of its outstanding preferred stock in the Small Business Lending Fund.