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October 9, 2019

Middlefield Banc Corp. Declares Two-For-One Stock Split

Each shareholder of record at the close of business on Oct. 25 will receive one additional share for every outstanding share held on the record date. The additional shares are payable on Nov. 8....

By Mark Scott

October 1, 2019

PNC Bank’s franchise finance sale closes

Maryland-headquartered MidCap Financial has closed its acquisition of substantially all of PNC Bank’s franchise finance loan portfolio. The transaction further establishes MidCap Financial’s strong position in the middle market lending space....

By Jayne Gest

October 1, 2019

ChoiceOne Bank Completes Acquisition of Lakestone Bank

The combined holding company is traded on the OTC Pink Open Market under the symbol COFS....

By Michael Marzec

September 23, 2019

FNB announces $150M stock repurchase

F.N.B. Corp.’s board has authorized a stock repurchase program for the repurchase of up to an aggregate of $150 million of its common stock....

By Jayne Gest

September 17, 2019

S&T Bancorp share repurchase plan

The board of S&T Bancorp Inc., the holding company for S&T Bank with locations in Pennsylvania, Ohio and New York, authorized a new share repurchase plan at its regular meeting Sept. 16, 2019. This new repurchase authorization, effective through March 31, 2021, permits S&T to repurchase up to $50 million in shares of S&T’s common stock through open market and privately negotiated repurchases....

By Jayne Gest

September 9, 2019

First Commonwealth closes Santander Bank deal

First Commonwealth Financial Corp.’s banking subsidiary, First Commonwealth Bank has completed the purchase of 14 central Pennsylvania retail banking locations from Santander Bank, N.A. This transaction expands First Commonwealth’s presence into the markets of State College, Lock Haven, Williamsport and Lewisburg....

By Jayne Gest

September 6, 2019

The Savings Bank buys Helpbringer Mortgage

The Savings Bank of Circleville completed its purchase of Helpbringer Mortgage Services Inc. on Aug. 31, 2019. The acquisition of the Worthington-based mortgage company marks The Savings Bank’s first business venture in Franklin County....

By Jayne Gest

September 3, 2019

Monroe Bank & Trust, First Merchants Bank Complete Merger

Since its founding in 1858, Monroe Bank & Trust grew to one of the largest community banks in the state with total assets of $1.3 billion, total loans of $769 million, and total deposits of $1.2 billion (96% of which are core) as of June 30....

By Mark Scott

August 30, 2019

Farmers National Banc, Maple Leaf Financial to merge

Farmers National Banc Corp., the holding company for The Farmers National Bank of Canfield, and Maple Leaf Financial Inc., the holding company for Geauga Savings Bank, are merging....

By Adam Burroughs

August 28, 2019

First Midwest To Buy Park Bank In $195M Deal

Park Bank is one of the largest independent commercial banks in Milwaukee with approximately $1 billion of total assets, $815 million of deposits — of which approximately 85% are core deposits — and $700 million of loans....

By Mark Scott

August 13, 2019

Level One Bancorp To Merge With Ann Arbor Bancorp In $67.8M Deal

Upon completion of the merger, the combined company will operate under the Level One name and have over $1.8 billion in assets, $1.4 billion in loans and $1.5 billion in deposits, based upon financials as of June 30....

By Mark Scott

August 1, 2019

Chemical, TCF deal closes

CF Financial Corp. has closed its previously announced merger of equals in which legacy TCF Financial Corp. merged into Chemical Financial Corp., with Chemical as the surviving company. Upon the closing, Chemical was renamed TCF Financial Corp., and its common shares will trade on The NASDAQ Stock Market under the symbol “TCF.”...

By Jayne Gest

July 25, 2019

Wintrust To Buy Countryside Bank In $90.5M Deal

Countryside has $594 million in assets and six branches in the Chicagoland area....

By Mark Scott

July 9, 2019

CIBC Agrees To Buy Milwaukee-based Cleary Gull

CIBC is based in Toronto, with its U.S. headquarters in Chicago. The company has 10 million personal banking, business, public sector and institutional clients....

By Mark Scott

June 17, 2019

Associated completes acquisition of Huntington’s Wisconsin branches

Associated Banc-Corp closed its acquisition of the Wisconsin branch banking operations of The Huntington National Bank for approximately $34 million....

By Jayne Gest

June 14, 2019

Consumers Bancorp to buy Peoples Bancorp

As of March 31, Peoples Bank had approximately $79 million in assets, $53 million in loans and $70 million in deposits....

By Adam Burroughs

June 6, 2019

S&T Bank to acquire DNB First for $206M in stock

Following the deal that expands S&T Bank’s footprint into Southeastern Pennsylvania, the bank will have approximately $8.4 billion in total assets....

By Jayne Gest

April 3, 2019

FNB’s Boyd Pethel: How to invest with a flat yield curve, low interest rates

The economy may be slowing, but there’s good news for investors who are worried about rising interest rates, says First National Bank’s Boyd Pethel....

By Mark Scott

April 3, 2019

KeyBank wraps up Laurel Road acquisition

The acquisition of Laurel Road, is part of the bank's strategy to build targeted scale against defined client segments such as health care professionals, lawyers, and graduate students....

By Adam Burroughs

April 1, 2019

Park National Corp., CAB Financial Corp. merge

Park National Corp. and CAB Financial Corp. have completed their merger, which folds CAB’s banking subsidiary in as a community banking division of The Park National Bank....

By Adam Burroughs

March 26, 2019

'Merger of equals' will create $1.3B banking institution

ChoiceOne Financial Services, the parent company of ChoiceOne Bank, and County Bank, the parent company of Lakestone Bank & Trust, are merging to form the 12th-largest bank holding company in Michigan....

By Adam Burroughs

March 26, 2019

University Lending Group buys assets of Huron Valley Financial

University Bancorp Inc. subsidiary University Lending Group has acquired certain assets of Huron Valley Financial Inc., a privately held mortgage banking firm also based in Ann Arbor, Michigan....

By Adam Burroughs