Bank of the Ozarks (OZRK), HomeTrust Bancshares (HTBI), Glacier Bancorp (GCBI) and Central Valley Community Bancorp (CVCY) all announced deal completions Wednesday.

Avidbank Holdings in Palo Alto, Calif., has completed the redemption of its Troubled Asset Relief Program stock.

The serial acquirer in Rosemont, Ill., announced Wednesday that it has agreed to buy the $165 million-asset Diamond Bancorp, which has a branch on Chicago's north side and three branches in its northern suburbs.

The Seattle mortgage lender's agreements to buy two small banks would give it more commercial lending expertise and put it in the company of other banks like Sterling Financial and AmericanWest that are engaged in M&A-driven makeovers.

Center Bancorp (CNBC) in Union, N.J., has named a new chairman for its bank. The $1.6 billion-asset company also announced Wednesday that it had made its interim chief financial officer permanent.

More banks are planning to sell or spin off businesses because of Basel III, shareholder pressure and other forces, according to the Institute of International Finance and EY.

The rapidly growing Opus Bank in Irvine, Calif., has split its commercial and retail banking operations.

Bankers must do a lot of homework when a vendor is sold in order to prepare for the transition and potentially take advantage of the change.

Sovereign Bank will change its name to Santander Bank and spend $200 million to upgrade branches and roll out an advertising campaign.

Texas Capital Bancshares (TCBI) in Dallas announced several executive moves in advance of its new chief executive taking office.

WSFS Financial in Wilmington, Del., is expanding its consumer lending business to include private student loans.

Hudson City Bancorp (HCBK) in Paramus, N.J., reported a second-quarter profit of $48.7 million, down from $72.3 million in the second quarter of 2012. Earnings per share were 10 cents, in line with the average estimate of analysts polled by Bloomberg.

People tend to remain loyal to bankers and banks they know, like and trust. Whether or not we fit that description is entirely up to us.

The chief executive of BOK Financial (BOKF) has decided to step down after 40 years with the Tulsa, Okla., company.

The Florida bank says that after a string of troubled-bank acquisitions that brought it lots of short-term benefits, it is turning to deals like its agreement for Gulfstream that will juice earnings over the long haul.

A relief package proposed by three senators last week has reinforced hope that Capitol Hill will ease community banks' regulatory burden by yearend.

CIT Group in New York has named Randy Chesler as the president of its CIT Bank, based in Salt Lake City.

EverBank Financial (EVER) in Jacksonville, Fla., reported higher second-quarter earnings and said it would shut its wholesale-mortgage business.

A move by Pennsylvania lawmakers to abolish the state's savings-and-loan association charter comes as the number of thrifts nationwide continues to decline and the "S&L" name loses its former appeal.

The Federal Reserve Bank of Chicago entered a written agreement with the $87 million-asset lender on July 23, Fed officials said Tuesday.