Community banking
Community banking
-
Spirit of Texas Bancshares is acquiring four branches and a loan production office from Simmons First National as part of an aggressive expansion in its home state.
December 26 -
Incoming CEO Clint Stein said the Tacoma, Wash., company is ready to revisit deals after spending three years updating its digital platforms.
December 26 -
Paul Murphy took full responsibility for a recent spike in charge-offs at the Houston company. His challenge in 2020 is keeping credit issues in check.
December 24 -
One found a buyer, another announced plans to retire, and others took steps to reinvent their banks.
December 23 -
The New Jersey company will pay $63 million for the parent of Victory State Bank.
December 23 -
The community bank lobby has said the recent deals are another reason to rein in the credit union sector. Some House members are beginning to take notice.
December 22 -
PE firms have made investments in only seven banks in 2019, compared with 21 last year. Here's what's driving the slowdown.
December 22 -
The Louisiana company sold $30 million in stock to help fund its purchase of Cheaha Financial Group.
December 20 -
Industrial Bank CEO Doyle Mitchell has spent countless hours in New York since his bank bought the failed City National in November, meeting with existing customers and plotting his growth plans.
December 20 -
The company plans to sell more mortgages in the first quarter, which would bring its loan-to-deposit ratio below 100%.
December 20 -
The upstate New York company will gain branches in Rochester as part of its $35 million purchase of FSB Bancorp.
December 20 -
Lower interest rates are allowing banks to use the cheaper capital to repay higher-cost debt and prepare for future expansion.
December 19 -
The company will pay about $58 million in cash for Melrose Bancorp.
December 19 -
The FDIC was reluctant to sign off on the merger of Summit Bancshares and Faciam Holdings because the company planned to serve marijuana-related businesses.
December 19 -
The Tennessee company said Rob Garcia will be in charge of building a commercial banking team in the city.
December 19 -
The company will pay $94 million for a bank with operations in New Jersey's Somerset and Morris counties.
December 19 -
The Mississippi company will also top $4 billion in assets when it buys Southwest Georgia Financial.
December 18 -
The Pennsylvania company will pay $65 million for six branches that will join its Buffalo, N.Y., division.
December 18 -
The company, which recently bought Monument Bank, has agreed to acquire Covenant Financial.
December 18 -
A dearth of bigger acquirers will likely force more banks with less than $2 billion in assets to seek out their own deals.
December 18

















