Capital

At least eight banks are in various stages of formation, including two that have opened. While that is nowhere near the de novo activity of the early 2000s, it's a positively brisk pace compared with the standstill that existed for many years after the financial crisis.

The company, which is planning to sell at least $25 million in stock, said in a presentation tied to the offering that it is well positioned for M&A.

The company, which raised $23 million through a private placement, had a 6.97% total capital ratio at Dec. 31.

Louisiana credit union says secondary capital influx helped fuel earnings.

The bank said it plans to use proceeds from the placement to expand its operations.

The Texas company will gain four branches and $160 million in loans after the acquisition closes.

The private-equity firms, which invested in a predecessor to Union Bankshares in May 2010, sold their shares for a total of $301 million.

Ameris would gain 24 Atlanta-area branches in the $406 million deal.

Marathon International Bank would target the Ethiopian community with specific advertising and educational programs.

NewDominion, which has completed an improbable turnaround, is the last community bank based in Charlotte, N.C.

The company sold common stock to employees, existing shareholders and new investors.

Organizers of Sterling Bank have filed an application with the FDIC and have set a $20 million capital target.

The company will pay $62 million in cash for a bank with four branches and $337 million in assets.

Endeavor Bank, which raised nearly $27 million, will become the second new bank to open in California in the past year when it debuts next week.

Liberty will add a branch in Kansas City, Mo., along with three locations in nearby communities.

Blue Lion Capital, which had a recent request for a board seat rejected, plans to nominate multiple people to run for the board at HomeStreet's next annual meeting.

Ameris, which was operating under a regulatory order when it agreed to buy Atlantic Coast, agreed to pay more money if it failed to complete the acquisition by mid-2018.

The company is gaining heft in Michigan's Upper Peninsula with its $34 million purchase of First Federal of Northern Michigan.

The company agreed to buy First Priority Financial for $82 million in stock.

The Tennessee company has been buying banks in smaller markets and college towns where it rarely has to compete with financial giants.