Wells Financial in Minnesota has completed its purchase of St. James Federal Savings & Loan Association, in a deal closely watched by members of the mutual bank community.

PeoplesSouth Bank in Colquitt, Ga., has agreed to buy Cadence Bancorp's Florida Panhandle branch network.

What asset threshold? Community banks may not be required by law to conduct stress tests, but about one in three have been asked by their examiners to do so, according to a recent survey of banks.

The New Jersey company's entrée into New York City had been expected for years. A week after opening an office on Madison Avenue, ConnectOne is eager to court small businesses and identify possible people to hire.

Radius Bank's partnership with online investment firm Aspiration highlights a nascent trend among small banks in the race to win millennial customers: partnering with fintech firms rather than opening branches.

Bryn Mawr Bank in Pennsylvania said its chief financial officer resigned and it appointed two interim executives to fill his roles.

Regulators and Congress can take several key steps to ease community banks' burden, from implementing tiered regulation to requiring less frequent call reports. And they should also remember that banks are innocent until proven guilty.

Preferred Bank in Los Angeles has agreed to buy United International Bank in Flushing, N.Y.

IMGCAP(1)]

First Horizon National in Memphis, Tenn., returned to profitability after reporting a staggering first-quarter loss tied to a mortgage settlement.

Sunshine Bancorp in Plant City, Fla., has agreed to buy two branches from First Federal Bank of Florida.

The Minneapolis investment bank, for the most, didn't serve financial institutions. It hopes to change that with a number of key hires and the purchase of a Chicago boutique firm.

A new proposal by the FDIC could further discourage the use of noncore deposits, including those facilitated by deposit brokers and listing services and even certain reciprocal instruments not subject to the brokered-fund penalty.

Meta Financial Group in Sioux Falls, S.D., has agreed to buy Fort Knox Financial Services, a software firm that helps independent tax firms process refund transfers.

CoBiz Financial in Denver has added the owner, chairman and chief executive of the Colorado Rockies baseball franchise to its board.

The $625 million-asset company said in a press release Thursday that Greg Remus will become its CEO on Oct. 1. He will succeed Ray Lipman, who will remain chairman.

Washington Federal in Seattle reported higher quarterly profit due to gains from the sale of foreclosed properties and certain investments.

M&T Bank in Buffalo, N.Y., reported higher quarterly profit that reflected increased fees and higher net interest income.