Community banking
Community banking
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Entegra Financial in Franklin, N.C., has agreed to buy Oldtown Bank in Waynesville, N.C.
November 24 -
First Farmers and Merchants in Columbia, Tenn., plans to buy out some of its shareholders and deregister as a publicly traded company.
November 23 -
The $5.4 billion-asset WSFS said in a press release Monday that it will pay $101 million, or $21.75 a share, in cash and stock for the $651 million-asset parent of Penn Liberty Bank.
November 23 -
Hanmi Financial has gone public with efforts to merge with BBCN Bancorp in a move the Los Angeles company hopes will scuttle another rumored pairing.
November 23 -
American Chartered was also the top M&A priority for MB Financial, which was willing to pay a healthy premium to get a deal done. MB Financial, which prefers big acquisitions, will be challenged to find other opportunities in the Windy City.
November 23 -
The Federal Housing Administration's annual financial report demonstrates the outsize influence of reverse mortgages on the performance of its insurance fund, fueling a debate about whether those loans belong there.
November 23 -
The proliferation of easy-to-use analytics tools has allowed community banks to do what used to take teams of quants to accomplish. Some are using it to get an edge in M&A, others are using it to improve efficiency.
November 23 -
On the sidelines for three years, the once-aggressive acquirer jumps back in the game with a deal for CommunityOne Bancorp in Charlotte. It's also looking to bulk up in Tennessee and Florida, though any opportunity would bring tough decisions on whether to cross the $10 billion-asset mark.
November 23 -
Centre 1 Bancorp in Beloit, Wis., has agreed to buy Walworth State Bank in Wisconsin.
November 23 -
Coastal Banking in Beaufort, S.C., has agreed to buy First Avenue National Bank of Ocala in Florida.
November 23 -
Atlantic Coast Financial in Jacksonville, Fla., has agreed to sell a branch in Georgia to Queensborough National Bank & Trust in Louisville, Ga.
November 23 -
Capital Bank Financial in Coral Gables, Fla., has agreed to buy CommunityOne Bancorp in Charlotte, N.C.
November 23 -
MB Financial in Chicago has agreed to buy American Chartered Bancorp in Chicago.
November 23 -
Peoples Bancorp in Marietta, Ohio, has hired John C. Rogers as its chief financial officer and treasurer. He starts Nov. 30.
November 20 -
The $1.2 billion-asset company has redeemed the $10.9 million of preferred shares held by the U.S. Treasury Department, plus accrued dividends.
November 20 -
The $938 million-asset company will incur $400,000 in expenses from shutting down the unit, including $300,000 for contract termination costs and $100,000 for severance and employee benefits.
November 20 -
Higher mortgage rates and other macroeconomic challenges may dampen lending under the Federal Housing Administration's single-family program, but they will produce a net benefit to the insurance fund. Here's why.
November 20 -
Two of central Maryland's oldest community banks have agreed to merge and reorganize under a new name.
November 20 -
The New York firm on Thursday sold 3 million voting shares in the $9.4 billion-asset United Community to Morgan Stanley, which acted as the sole underwriter on the offering.
November 20 -
First Resource Bank in Exton, Pa., has redeemed most of its Small Business Lending Fund preferred shares.
November 20





