Community banking
Community banking
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Southern National Bancorp of Virginia in McLean has agreed to buy Eastern Virginia Bankshares in Glen Allen for $178.3 million.
December 13 - New York
Flushing Financial in Uniondale, N.Y., has raised $75 million by selling subordinated notes.
December 13 - New Jersey
ConnectOne Bancorp in Englewood Cliffs, N.J., is looking to raise at least $35 million through a stock offering.
December 13 -
When Access National decided it wanted to buy Middleburg Financial in Virginia, it also wanted to talk to David Sokol, a major investor in Middleburg. It is an eye-catching example of how lone investors can control the outcome of community bank deals.
December 13 -
Pacific Premier Bancorp in Irvine, Calif., has agreed to buy Heritage Oaks Bancorp in Paso Robles, Calif.
December 13 -
Gene Bruyette, a co-founder of Keefe, Bruyette & Woods, the investment bank that became one of the most prolific advisors on bank merger deals, has died. He was 90.
December 12 -
A former director at Pinnacle Financial Partners who pleaded guilty to insider trading agreed to pay a heftier fine after a judge rejected the initial penalty as being too low.
December 12 -
Banks aiming to market internally developed products to other banks are also taking steps to become better vendors. Leader Bank, for instance, took more than a year to get its technology and staffing up to snuff before pitching its rent-payment program.
December 12 -
Canadian Imperial Bank of Commerce stands by its cash-and-stock bid to buy U.S. lender PrivateBancorp and is willing to wait out a market rally to complete the deal, Chief Executive Officer Victor Dodig said.
December 12 -
A New Jersey investor has received approval from the Federal Reserve to significantly boost its stake in MSB Financial in Millington, N.J.
December 12 -
The focus of banks' sales practices should be less about unit-based incentives, and more about developing a full relationship with customers and doing what's in their best interest.
December 12 -
HomeTrust Bancshares in Asheville, N.C., has agreed to buy United Financial of North Carolina, a municipal lease finance company based in Fletcher, N.C.
December 12 -
Orrstown Financial Services in Shippensburg, Pa., has acquired Wheatland Advisors in Lancaster, Pa.
December 12 -
Renasant in Tupelo, Miss., is the latest banking company to get out of loss-share agreements with the Federal Deposit Insurance Corp.
December 9 - California
A California bank is planning to add mortgages and home equity lines to its product set.
December 9 -
SmartFinancial in Knoxville, Tenn., has agreed to buy a branch in Tennessee from a division of Atlantic Capital Bank in Atlanta.
December 9 -
Lakeland Bancorp in Oak Ridge, N.J., has filed the paperwork to sell up to $50 million shares of common stock.
December 9 -
The new chairman of Republic First was famously ousted from Commerce Bancorp because of conflict-of-interest concerns years ago. His new bank uses some Hill-related companies for marketing and other services but says that it has structured the relationship in a way that passes muster with regulators.
December 8 -
The $22 billion-asset company said in a press release Thursday that it is looking to sell 8.4 million shares of common stock, though it could sell another 840,000 shares if there is enough demand.
December 8 -
A dozen publicly traded banks have raised more than $1 billion in recent weeks, taking advantage of surging stock prices. Additional banks are expected to follow, setting the stage for more M&A and other growth moves.
December 8



