Capital

First Busey will pay $133 million in cash and stock for Mid Illinois in a deal that should close later this year.

Farmers National will pay about $7.8 million in cash and stock for the $43.3 million-asset Monitor in a deal that should close in the second or third quarter.

State Bank of Texas, which bought the failed Seaway Bank in January, is selling nine branches to Self-Help Credit Union.

Pinnacle Financial wanted to be in high-growth markets. BNC Bancorp saw more regulatory burden looming and limited opportunities to sell itself. Those factors spurred what is currently the year's second-biggest bank deal.

The mutual's conversion could bring in up to $22.5 million in proceeds.

Investar will pay $46 million in cash for Citizens, which has three branches and $246 million in assets.

The New York bank will double in size while gaining greater access to Long Island and low-cost deposits that should come in handy as interest rates rise.

Premier Asset Management will add $550 million of assets under management to a platform that First Midwest has historically built with organic growth.

The agreement comes three months after Astoria and New York Community Bancorp called off plans to merge.

A strong economy, an abundance of small businesses and a shakeout from industry consolidation are making the area between Los Angeles and San Diego appealing to bank organizers.

The Denver bank had spent the last two-plus years addressing concerns about capital and underwriting procedures.

The founders of the South Carolina bank, which liquidated after lavish spending and losses depleted its capital, paid a total of $55,000 in fines and face restrictions on future employment.

The banking industry's top advocacy groups can't support giving credit unions capital-raising alternatives, but they are trying to understand the NCUA's complex proposal before filing comment letters against it.

A month into the comment period, NCUA has yet to receive a single response to a proposal that could provide credit unions easier access to market capital. The issue is unusually complex, experts say.

Many customers at Neighborhood National Bank in San Diego offer check-cashing services that draw attention for Bank Secrecy Act compliance.

CapGen, once a vocal critic of management, will cut its holdings to as little as 3% of shares outstanding.

National charters have fallen out of favor in recent years, but that isn't deterring David Dotherow from pursuing one for his Florida de novo.

First Interstate missed out on two chances to snag Cascade before agreeing to buy the company in November, showing the importance of staying in touch with a target.

Oaktree and Thomas H. Lee will still have large positions in the company after the planned sales.

Old Line will have more than $2 billion in assets when it completes the acquisition, its fourth since 2011.