Community banking
Community banking
- Florida
Atlantic Coast Financial Corp. (ACFC) in Jacksonville has priced its public offering at a slight discount to its trading price.
November 27 -
Commercial loan officers must use judgment in discussions and email exchanges with property moguls, whose lawyers will construe statements and written correspondence in a way most favorable to the borrower.
November 27 -
The small-dollar lender First Cash Financial Services (FCFS) has agreed to buy a 12-store pawnshop chain in the Charleston, S.C., area.
November 26 -
State Bank Financial CEO Joe Evans has hired an ex-colleague, fund manager David Brown, to help lead the next stage of the Atlanta bank's M&A strategy.
November 26 -
The chief financial officer of Eagle Bancorp Montana (EBMT) in Helena, Mont., is stepping down to pursue another opportunity.
November 26 -
Mercantile Bank (MBWM) in Grand Rapids, Mich., expects regulatory hang-ups to delay its acquisition of Firstbank (FBMI) in Alma, Mich.
November 26 -
The cap on the size of mortgages that government-sponsored enterprises can guarantee will remain unchanged at the start of 2014.
November 26 -
A plan to sell a Dallas bank to an investor group through a bankruptcy auction could lead to big losses for groups that made investments at the height of the economic crisis.
November 26 - Pennsylvania
Alliance Bancorp Inc. of Pennsylvania (ALLB) in Broomall will face a proxy challenge from activist investor PL Capital.
November 26 - Indiana
First Merchants (FRME) in Muncie, Ind., has exited the Small Business Lending Fund.
November 26 - Texas
ViewPoint Financial (VPFG) in Plano, Texas, has agreed to buy LegacyTexas Group in Plano.
November 26 - New Jersey
The president and chief executive of Sun Bancorp (SNBC) in Vineland, N.J., is stepping down at the behest of the board.
November 25 - North Carolina
A longtime chairman and chief executive at HomeTrust BancShares (HTBI) in Asheville, N.C., has retired.
November 25 -
The positive reaction to Independent Bank Group's $170 million agreement to buy BOH Holdings shows how precrisis M&A valuation methods are returning and that the industry is getting stronger.
November 25 -
Heartland Financial (HTLF) in Dubuque, Iowa, has purchased a bank of River Valley Bancorp in Davenport, Iowa.
November 25 - New York
Ed Grebow abruptly left the New York bank after just two years. The union-controlled bank, backed by private equity and stabilized by its departed CEO, wants a leader who can generate a return on investment.
November 25 - Ohio
DCB Financial (DCBF) in Lewis Center, Ohio, has been freed from a Federal Reserve Bank of Cleveland order.
November 25 - California
Banc of California (BANC) in Irvine has filed documents that would allow it to offer up to $1 billion of securities.
November 25 -
WSFS Financial (WSFS) in Wilmington, Del., has agreed to buy First Wyoming Financial in Wyoming, Del.
November 25 - Virginia
Cardinal Bankshares (CDBK) in Floyd, Va., reported a steep quarterly loss as it continues to work through legacy credit losses.
November 25



