Capital

The company will also surpass $10 billion in assets when it buys Community Bank.

Former CUNA economist Bill Hampel has attended the trade group’s Governmental Affairs Conference for decades, but this year he’ll do so as a Wegner Award winner.

Organizers aiming to open a de novo just outside Charlotte say there's a need for a new community bank after several years of consolidation in the market.

The company could use proceeds from the planned offering to add branches and make bigger loans.

Just two months after a capital infusion, First Capital Bancshares added banking veterans including John McCoy and Harvey Glick as directors in a board overhaul, changed CEOs, and decided to move its corporate headquarters to Charleston, S.C.

The Chicago institution, formed in 2010 to buy the failed ShoreBank, has hired Sandler O'Neill to gauge interest from potential buyers, according to a published report.

Having solid relationships with those who cover the banking industry can lend credibility to management teams, especially when times are tough.

The as-yet-unnamed bank, which would be based near Charlotte, N.C., would be led by Randy Helton, a former CEO at American Community Bancshares.

The company agreed to buy Bank of River Oaks for $85 million in cash.

The California company has agreed to buy Grandpoint Capital, a business bank in Los Angeles, for $641 million.

At least eight banks are in various stages of formation, including two that have opened. While that is nowhere near the de novo activity of the early 2000s, it's a positively brisk pace compared with the standstill that existed for many years after the financial crisis.

The company, which is planning to sell at least $25 million in stock, said in a presentation tied to the offering that it is well positioned for M&A.

The company, which raised $23 million through a private placement, had a 6.97% total capital ratio at Dec. 31.

Louisiana credit union says secondary capital influx helped fuel earnings.

The bank said it plans to use proceeds from the placement to expand its operations.

The Texas company will gain four branches and $160 million in loans after the acquisition closes.

The private-equity firms, which invested in a predecessor to Union Bankshares in May 2010, sold their shares for a total of $301 million.

Ameris would gain 24 Atlanta-area branches in the $406 million deal.

Marathon International Bank would target the Ethiopian community with specific advertising and educational programs.

NewDominion, which has completed an improbable turnaround, is the last community bank based in Charlotte, N.C.