Capital

A group has filed paperwork with the FDIC to form Legacy Bank in Temecula.

Dealmaking through early November is slightly ahead of last year's clip thanks to a recent flurry of merger announcements. However, excluding BB&T-SunTrust, values and multiples are shrinking.

Scottsdale Community Bank's organizers took advantage of a state law letting them raise capital months before seeking deposit insurance.

Tri County Financial will pay an undisclosed amount for H.F. Gehant Bancorp.

The California company agreed to pay $14 million in cash for a bank with $131 million in assets.

First Horizon and Iberiabank solidified their resolve after BB&T and SunTrust announced their merger. Bryan Jordan, First Horizon's CEO, says he's convinced the earlier deal is having a similar influence at other regional banks.

The proposed Verdigris Bank would rely heavily on technology, applicants say.

The deal will create a Southeastern regional with $75 billion in assets across 11 states.

The Tennessee company, which was outbid in an effort to buy a North Carolina bank earlier this year, will pay $41 million for a branch network in the middle part of its home state.

The Pennsylvania company will pay $346 million for MutualFirst Financial.