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Small lenders beset by the fallout from high interest rates took losses in the fourth quarter when they unloaded underperforming securities and loans. But they are reinvesting the proceeds into higher-yielding assets.
February 4
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Small lenders across the country filled leadership positions, including The Peoples Savings Bank in Ohio, which promoted from within to name its first woman CEO.
January 31
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The Reno, Nevada-based buyer said it would pay $64.6 million in cash and stock for Cornerstone Community Bancorp, and it expects to close the transaction in the second half of the year.
January 29
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Advisors predicted that more banks will do deals and those transactions will be larger in 2025 amid expectations for lighter regulatory scrutiny.
January 15
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The bank said it would acquire Bank of Idaho for $245.4 million in stock. It marked the 12th bank deal for Glacier over the past decade.
January 14
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Heightened expectations for increased economic activity could boost loan demand after a soft 2024.
January 8
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Florida-based Amerant Bancorp recently restructured its securities portfolio after selling its Houston branches.
January 6
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The Honolulu-based utility sold a 90.1% stake in American Savings Bank. The deal valued the lender at $450 million.
January 2
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Transactions grew larger and more frequent this year. As a result, aggregate value more than tripled from 2023 and topped $15 billion.
December 27
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The Pennsylvania-based buyer said it would pick up nearly $350 million of assets and a commercial-focused loan portfolio as part of the $54.6 million deal.
December 19
