First it was Brazil and Greece. Now add Spain to the list of countries where Citigroup (NYSE: C) is unloading consumer banking operations.

First Community Bank in Lexington, S.C., has agreed to acquire First South Bank's deposits in Columbia and some loans for approximately $800,000.

Great Southern in Missouri completed its fifth failed-bank deal on Friday. The company stated that the deal's strategic benefits outweigh the fact that it received a smaller upfront gain from its latest purchase.

Community banks in the Old Line State have benefitted from a strong economy, but higher regulatory costs, rate pressure and competition could force many to consider selling in coming months.

Open Bank (OPBK) in Los Angeles has raised $30 million in a private offering of common stock.

U.S. Bancorp (USB) in Minneapolis has completed its purchase of Citizens Financial Group's Charter One franchise in Chicago.

The $5.2 billion-asset company, once known as Bond Street Holdings, filed a registration statement with the Securities and Exchange Commission for an initial public offering.

The Oregon company is hopeful it will enjoy significant stock appreciation once investors realize the value of its acquisition of Home Federal in Idaho. Management hopes other potential sellers agree.

Once the Puerto Rican company repays its Tarp funds, management will focus on growing in New York and south Florida. The company also hopes to benefit from any improvement in the Puerto Rican economy.

The company is suing Basswood Capital, claiming the activist hedge fund unlawfully accumulated a large stake by violating a confidentiality agreement. It also claims that Basswood's meddling resulted in a subpar capital raise last month.

OmniAmerican (OABC) had a good problem earlier this year: competing offers from eager buyers. The Texas bank, which accepted a slightly smaller price from Southside Bancshares (SBSI), explained its reasoning in a regulatory filing. Here are the highlights.

Chemical Financial (CHFC) in Midland, Mich., expects to raise $70 million through the sale of common stock.

Meridian Bank Texas in Fort Worth has acquired State Bank & Trust in Carrolton, Texas.

M&T Bank (MTB) has been ordered to forfeit $560,000 that a teller laundered for drug traffickers.

Six directors resigned after the company contested an activist investor's successful effort to wrest board control. As a court battle looms and regulators watch, the company could struggle to find replacement directors.

ViewPoint Financial Group in Plano, Texas, has pushed back the expected closing date for its purchase of LegacyTexas Group, citing a lengthy regulatory approval process.

Univest Corporation of Pennsylvania in Souderton has agreed to buy Valley Green Bank in Mount Airy, Pa.

Forcht Bancorp in Lexington, Ky., has agreed to buy Grant County Bancorp of Williamstown, Ky. Financial terms of Forcht's agreement to buy the $79 million-asset Grant Country Bancorp were not disclosed.

Federal regulators have fined First Southern Bank (FSOF) in Boca Raton, Fla., for violating the National Flood Insurance Act.

Once heavy on grey type, Bank of North Carolina's reports are now dotted with colorful graphs, charts and heat maps so that busy senior executives and board members can quickly assess things like loan data and branch profitability and keep better tabs on the integration of acquired banks.