Community banking
Community banking
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The positive reaction to Independent Bank Group's $170 million agreement to buy BOH Holdings shows how precrisis M&A valuation methods are returning and that the industry is getting stronger.
November 25 -
Heartland Financial (HTLF) in Dubuque, Iowa, has purchased a bank of River Valley Bancorp in Davenport, Iowa.
November 25 - New York
Ed Grebow abruptly left the New York bank after just two years. The union-controlled bank, backed by private equity and stabilized by its departed CEO, wants a leader who can generate a return on investment.
November 25 - Ohio
DCB Financial (DCBF) in Lewis Center, Ohio, has been freed from a Federal Reserve Bank of Cleveland order.
November 25 - California
Banc of California (BANC) in Irvine has filed documents that would allow it to offer up to $1 billion of securities.
November 25 -
WSFS Financial (WSFS) in Wilmington, Del., has agreed to buy First Wyoming Financial in Wyoming, Del.
November 25 - Virginia
Cardinal Bankshares (CDBK) in Floyd, Va., reported a steep quarterly loss as it continues to work through legacy credit losses.
November 25 - Illinois
First Community Financial Partners (FCMP) in Joliet, Ill., is now allowed to manage its capital without regulatory consent.
November 22 - Alabama
BBVA Compass in Birmingham, Ala., has taken the first step to becoming a registrant with the Securities and Exchange Commission.
November 22 - Colorado
The former president and chief executive of Bank of Choice in Greeley, Colo., will pay $65,000 to investors to settle charges he violated registration and anti-fraud provisions of the Colorado Securities Act.
November 22 -
Popular Community Bank plans to bring a financial literary program run by nonprofit Operation HOPE to its branches in Harlem and the Bronx.
November 22 -
First Internet Bancorp (INBK) in Indianapolis has increased the size of its previously announced public offering.
November 22 -
Pacific City Financial (PFCF) in Los Angeles redeemed more than half the preferred stock it issued to the Treasury Department under the Troubled Asset Relief Program.
November 22 -
Bank buyers should be taking notes about the problems with HealthCare.gov. A bad online integration of an acquisition could send new customers to the door, or worse: to Twitter.
November 22 -
After his cellphone number wound up online, PNC's chief executive says that he answers and welcomes some of the calls he gets from dissatisfied customers.
November 22 -
In its third acquisition deal this year, Independent Bank Group (IBTX) in McKinney, Texas, has agreed to buy BOH Holdings in Houston.
November 21 -
LSB Financial (LSBI) in Lafayette, Ind., has been released from a formal agreement with the Office of the Comptroller of the Currency.
November 21 - Virginia
Community Bankers Trust (ESXB) in Glen Allen, Va., has redeemed $2.5 million of preferred shares issued to the Treasury Department under the Troubled Asset Relief Program.
November 21 -
Fidelity Bank in Massachusetts needed a new branch in Millbury, the local Veterans of Foreign Wars hall needed a makeover, so the two parties struck an unusual real estate deal.
November 21 -
Porter Bancorp (PBIB) in Louisville, Ky., has named John Taylor as the company's permanent chief executive and as chairman of its subsidiary, PBI Bank.
November 21


