Capital

Organizers of CommerceOne Bank in Birmingham must raise at least $30 million before opening.

The Illinois company has agreed to buy Springfield Bancshares for $87 million.

A Virginia bank's decision to pursue a charter in North Carolina puzzles some observers, given the added complexity and costs.

The Alabama bank agreed to buy Peoples Bank for $23 million as part of a plan to target new Southeastern markets.

The bank, which already offers mortgages through seven offices across North Carolina, is the fourth group to announce plans for a de novo in the state.

The 106-year-old bank is looking to raise $90 million, with plans to use half of the funds to redeem outstanding preferred stock.

While industry consolidation picked up in 2017, certain regions did better than others, with strong volume and improved pricing. Here’s a look at each region.

On quarterly earnings calls set to begin next week, investors will be listening closely to CEO comments for any hints of how banks might deploy excess capital if they are no longer deemed systemically important.

The Mississippi company will gain nearly $2 billion in loans after it buys Brand Group Holdings.

Mid-Southern Bancorp could use proceeds to make more loans or to pursue acquisitions.