Capital

The company will pay $142 million for Carolina Alliance Bank three months after buying NewDominion in Charlotte, N.C.

The Tennessee regional said the sale should boost quarterly profit by $160 million.

Credit union advocates shattered records with the number of comment letters they sent the regulator when its original risk-based capital proposal was issued, but a revision proposed last month garnered just 37 responses.

The company and certain investors plan to sell $35 million in stock through the proposed offering.

Organizers of Dogwood State Bank are looking to raise $75 million in hopes of opening by mid-2019.

The company said it could use proceeds to fund organic growth or acquisitions.

SWNB Bancorp was unable to secure enough votes to back its proposed sale to Hanmi Financial.

Bank7, which aims to raise $75 million, also has extensive dealings in the hospitality industry. The company has completed two acquisitions since 2011.

Lakeland will expand its operations in three counties in its home state of New Jersey with the $57 million acquisition.

The company will enter the Iowa cities of Des Moines and Dubuque as part of the $170 million acquisition.