First Commerce Credit Union in Tallahassee, Fla., has agreed to buy First National Bank of Crestview in Florida.

NorthStar Bank once relied on its investment portfolio to drive revenue. It recently changed course, targeting loans and customers in search of a better future.

Carolina Alliance Bank in Spartanburg, S.C., has agreed to buy the operations of a local commercial leasing office.

MutualBank in Muncie, Ind., said it has closed the acquisition of Summit Mortgage, in Fort Wayne.

Bank of the Ozarks' deal to buy Intervest Bancshares looks a bit odd on paper because the two are very different and operation in different of parts of the country. However, Intervest would give Ozarks a commercial lending niche it lacks.

Huntington Bancshares in Columbus, Ohio, plans to lay off nearly 200 employees, as part of an internal reorganization.

Citigroup has agreed to sell a majority of its interest in a private-equity fund to Lexington Partners.

Liberty Bank in New Orleans reached agreement a year ago to acquire First Tuskegee Bank in Alabama. But the deal has remained in limbo ever since, and it shows that buyers and sellers can take little for granted in bank M&A.

Bank of the Ozarks in Little Rock, Ark., has agreed to buy Intervest Bancshares in New York for $228.5 million in stock.

Regional and small banks are providing M&A advisory services to their commercial customers as a way to drive fee income, deepen client relationships and differentiate themselves from rivals.

If finalized and then approved by regulators, the combination of the Des Moines and Seattle Home Loan banks would be the first voluntary merger in the system’s history.

Banc of California in Irvine reported a jump in second-quarter profits, fueled by strong growth in its loan portfolio.

Old National Bancorp in Evansville, Ind., has spent the last year buying its way into higher-growth markets, including a deal announced Monday in Grand Rapids, Mich. CEO Bob Jones is still antsy to expand in Louisville but acknowledges that shareholders want him to take a break from M&A.

Home Bancshares in Conway, Ark., has agreed to acquire Broward Financial Holdings in Fort Lauderdale, Fla.

Cullen/Frost Bankers in San Antonio, Texas, reported an uptick second-quarter earnings, boosted by its recent acquisition of WNB Bancshares.

Doral Financial, the holding company for Puerto Rico's second-largest mortgage lender, is trying to sell itself in parts, people with knowledge of the matter said, to maintain compliance with capital requirements.

Payment technology provider First Data is moving into the virtual prepaid space by acquiring Gyft.

Bank owners can make more objective decisions about whether it's the right time to sell by comparing the value of holding onto the bank to its private market price and instating an external review process, writes consultant J.V. Rizzi.

Valley National Bancorp in Wayne, N.J., reported that second-quarter earnings declined because of a significant drop in noninterest income.

CIT Group's deal for OneWest is further proof that buyers are increasingly eyeing deposits, not assets, as they prepare for an increase in loan demand and look to position themselves for rising interest rates.