Old National Bancorp in Evansville, Ind., is selling $150 million of unsecured senior notes to fund the cash portion of pending deals and to possibly support future acquisitions.

The banking industry had its second most profitable quarter in 23 years in the April-June period, according to SNL Financial.

New charters were once an integral piece of the bank M&A food chain, allowing bankers to start anew after selling their institutions. Do novo banking has all but dried up, and the dearth of startups has made executives hesitant to sell their banks.

Paula Johannsen was the most-active financial adviser at midyear with six mergers under her belt. In a wide-ranging interview, she discusses Florida M&A, compliance delays and the reasoning behind mergers of equals.

Shares in Green Bancorp jumped nearly 14% following the Houston company’s initial public offering.

Regulators have released MetaBank in Storm Lake, Iowa, from a consent order tied to a payday-like loan program it once offered.

Executives at Allegiance Bancshares have long been vocal about their desire to take the Houston company public. The company recently agreed to buy Farmers & Merchants Bancshares, giving it one more opportunity to boost its profile before taking the plunge.

Mutual of Omaha Bank has agreed to sell five branches to CIC Bancshares in Denver.

Northern Trust in Chicago has appointed Peter Jordan as head of global fund services for the bank's Asia-Pacific region.

Fair Isaac's new credit scoring model includes enhancements to evaluate borrowers with limited credit histories and quantify the risk associated with different types of debt.

Banner Corp. in Walla Walla, Wash., has agreed to buy Siuslaw Financial Group in Florence, Ore.

Peoples Bancorp in Marietta, Ohio, has raised $40 million through a private placement.

Peyton Patterson has resigned from Bankwell Financial in New Canaan, Conn., less than two months after she was ordered to pay $350,000 in Amex bills and had to resolve other personal financial matters. She had led the company since 2012.

A loyal patron of the Connecticut bank celebrated her upcoming 95th birthday with some flowers courtesy of the CEO and a chauffeured ride to the annual meeting.

Ocean Bank in Miami has signed a three-year agreement to put its name at the top of Florida International University's football stadium.

Heritage Bank in Jonesboro, Ga., became one of the first banks to retire trust-preferred securities held by the FDIC after a complex, year-long negotiation. The transaction could be a model for dozens of other lenders trying to avoid default and possible bankruptcy.

Carolina Financial in Charleston, S.C., has agreed to acquire 13 branches in the Carolinas and additional assets from First Community Bancshares in Bluefield, Va.

Northrim BanCorp in Anchorage, Alaska, has agreed to buy Residential Mortgage Holding Co.

Hal Brown and Roger Busse discuss how a thorough succession plan can reassure your regulators, why medical lending has been so hot recently and how to stand out among larger competitors.

The private-equity firms Warburg Pincus and Thomas H. Lee Partners are selling roughly a third of their combined stake in Umpqua Holdings of Portland, Ore.