Capital

Organizers in Winston-Salem are planning to raise at least $25 million to form Community Bank of the Carolinas.

The company has agreed to buy United Community Bancorp. With the $114 million deal it would add five branches in the Cincinnati area.

Limited organic growth opportunities and rising premiums for bigger deals are fueling more sales of banks with $1 billion to $10 billion in assets.

The company has agreed to pay $89 million for Premier Commercial Bancorp. The acquisition would significantly increase its branch presence and lending in the Portland area.

Two groups have announced plans to open banks in the state, and several others have had talks with regulators. Is there room for more?

Sterling would gain $458 million in loans and an origination platform by acquiring Advantage Funding Management.

OP Bancorp in Los Angeles aims to raise $20 million to fund organic growth and acquisitions.

Spirit Community Bank would be based in Statesville, a community about 45 miles north of Charlotte. A separate set of organizers has already shared plans to open a bank east of Charlotte.

Parkway Acquisition in Virginia has agreed to buy Great State Bank for nearly $15 million.

The nonprofit is turning to banks and social impact investors to help significantly increase the size of its loan portfolio over five years.