Americas

Activist investor Joseph Stilwell is demanding that Carroll Bancorp in Sykesville, Md., pick up the pace on stock buybacks.

Regent Bank in Davie, Fla., has promoted Dawn Calder to the newly created position of chief credit officer.

The recapitalization will allow City National Bank to continue as a certified Community Development Financial Institution, the bank said.

The North Carolina company had made it clear it would pursue more acquisitions after closing its purchase of the $19 billion-asset Susquehanna Bancshares earlier this year.

First State Associates in Hawarden, Iowa, has agreed to buy Miner County Bank in Howard, S.D. The banks expect the deal to close later this quarter or early in the fourth quarter.

The Federal Reserve Bank of Dallas has named Robert Steven Kaplan, a Harvard Business School professor, as its new president and chief executive officer.

Cross County Bank in Wynne, Ark., has agreed to buy three Arkansas branches from SouthBank in Huntsville, Ala.

The $120 million-asset mutual thrift filed its application with federal regulators this month. Citizens expects the formation to be completed by the first quarter, Chief Executive Tommy Johnson said in an interview.

Entegra Financial in Franklin, N.C., has agreed to buy two South Carolina branches from Arthur State Bank in Union, S.C.

Astoria Financial in Lake Success, N.Y., has named a former Citigroup banker a director of business banking.