Community banking
Community banking
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Regulatory burdens, technology challenges and long-awaited M&A top the list of what small bank leaders see in the year ahead, according to a KPMG survey. Following are some of the study's key findings.
December 2 -
Bank investor Kenneth Lehman plans to buy a controlling stake in Marine Bank & Trust Co. in Vero Beach, Fla.
November 27 - Kentucky
Commonwealth Bancshares in Louisville, Ky., is offering a $2,500 reward for information that leads to the arrest and conviction of the person who shot and killed the son of a bank employee.
November 27 - Minnesota
Waterstone Financial (WSBF) in Wauwatosa, Wis., has opened its first branch outside its home state.
November 27 -
First Internet Bank (INBK) in Indianapolis raised $29.1 million through a public offering.
November 27 -
Heartland Financial USA's unusual acquisition of Freedom Bank in Sterling, Ill., seems to be more about collecting on a debt than strategic M&A. Such moves are uncommon but have happened in the last few years and they can work.
November 27 -
Financial planning firm Waddell & Reed is partnering with BOK Financial (BOKF) to provide expanded trust services to its clients.
November 27 - 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




