Capital

Lori Bettinger is one of the organizers of NXG Bank, which has applied to open in Columbia, Md.

Grasshopper Bancorp will target the innovation economy in New York City and other markets across the country.

During its monthly meeting, the National Credit Union Administration board also approved a proposal to increase CU access to non-member deposits, a move bankers are already railing against.

The pace is torrid now, but it could slow if bank stock prices keep rising and one prominent lawmaker’s proposal to restrict share repurchases gains traction.

The company agreed to buy Charter Bank, which has four branches and $161 million in assets.

American Bank & Trust opened after organizers raised more than $22.5 million.

Blue Ridge Bankshares will be based in Charlottesville, Va., after completing its $43 million purchase of Virginia Community Bancshares.

Heritage will have 17 branches around San Francisco when it completes the $200 million acquisition.

The new capital will allow the Austin bank to increase its lending limit.

The company said it could use proceeds from selling common and preferred stock to increase lending and add branches.

The coastal city quickly rebounded after being hit by Hurricane Harvey in August 2017.

The proposed merger will create a bank with more than $1 billion in assets.

Triad Business Bank adds to the list of de novo efforts taking place in the state.

Sound Bank has new management as part of the transaction. It will also get a new name and expand into higher-growth markets.

Tandem Bank has approval from the Georgia Department of Banking and Finance as its aims to become the state's first new bank since the financial crisis.

It is comfortable with the deal for MidSouth despite the seller's lingering credit issues, given a shared history and the opportunity to add low-cost deposits.

Innovation is part of Emily Girsch's daily routine. That's why the chief financial officer at Lincoln Savings Bank in Cedar Falls, Iowa, spends a lot of time thinking about the need to modernize bank regulations for the digital age.

MidSouth had spent the last two years improving credit quality by reducing its exposure to energy credits.

Entegra Financial, which had a deal to be sold to SmartFinancial, has instead agreed to be sold to First Citizens, which offered more money and will pay a breakup fee for the initial deal.

MiCommunity Bancorp, which will be Michigan's first new bank since the financial crisis, raised $30 million in initial capital.