Consolidations

Brentwood Bank’s purchase of Union Building and Loan would give it a larger presence around the Steel City.

While the regulatory environment is more accommodating for big deals, many regionals still have their reasons for staying on the sidelines.

PeoplesBancorp in Holyoke, Mass., has agreed to buy First Suffield Financial in Connecticut for $60 million.

The Los Angeles company's second-quarter profit also benefited from last fall's purchase of CU Bancorp.

Limited acquisition opportunities remain in the state's hottest markets, which will force buyers to pay bigger premiums or pursue deals elsewhere.

Jeff Deuel will take over as CEO of Heritage Bank in Olympia, Wash., for Brian Vance, who will remain as the head of the holding company until next year.

Coastal Financial in Everett, Wash., said that it could be active in M&A with capital from its IPO and that it has already identified several possible targets.

While sellers in urban centers are getting a lot of attention from acquirers, Southern Bancorp in Arkansas shows the upside of pursuing smaller deals in underserved rural markets.

While there are many reasons consolidation has slowed in the Keystone State over recent years, several factors in play could lead to a resurgence in activity.

FNS Bancshares has agreed to buy Catoosa Bancshares in Fort Oglethorpe, Ga., in all-cash deal.