Capital

A group has filed an application for form a bank in Birmingham, a city with a large pool of bankers and a steadily growing economy.

The California company is set to pick up a dozen branches after it buys FNB for $315 million.

The $74 million acquisition will allow First Mid-Illinois to expands it operatations in the Champaign-Urbana region in Illinois.

The bank, which agreed to acquire Hibernia Bancorp for $28 million, will adopt the seller's name after completing the deal.

MFA Acquisition, which plans to keep Maryland Financial Bank's name, wants to add more products and services after the deal closes.

The proposed CommerceOne Bank in Birmingham, Ala., would be run by former executives at First Partners Bank, which was sold earlier this year.

Columbia Financial will sell about 43% of its stock in a public offering that could raise up to $493 million.

The $32 million purchase of Sunshine Financial will provide First Bancshares with its first branches in Tallahassee, Fla.

The company agreed to buy TCSB Bancorp, the parent of Traverse City State Bank, for $63 million.

Integrity is set to become the third Houston-area bank acquired by Independent in recent years.