Capital

MidSouth had spent the last two years improving credit quality by reducing its exposure to energy credits.

Entegra Financial, which had a deal to be sold to SmartFinancial, has instead agreed to be sold to First Citizens, which offered more money and will pay a breakup fee for the initial deal.

MiCommunity Bancorp, which will be Michigan's first new bank since the financial crisis, raised $30 million in initial capital.

The company could use its share of proceeds from the IPO to repay debt and pursue bank acquisitions.

Organizers of the Bank of St. George have filed an application with the FDIC and state regulators and plan a public stock offering.

The Montana company agreed to buy Heritage Bancorp for $241 million.

The first quarter proved sluggish for overall merger activity. Here are notable deals announced in March.

The Illinois company will pay about $10 million, and redeem $23.5 million in trust-preferred stock, as part of the deal.

Community Bank of the Carolinas must raise about $4 million before becoming the state’s first new bank since the financial crisis.

With the National Credit Union Administration board at full strength for the first time in years, here are three areas where the panel can make a big difference for CUs early on.