First Mid Bancshares has agreed to acquire Evergreen Bancshares, parent of American Bank of Freedom, in a cash-and-stock transaction valued at approximately $70.7 million. The agreement was signed October 28 and announced October 29.The acquisition would extend First...
The Federal Reserve has approved Peoples Bancorp Inc.’s proposed $76.6 million acquisition of Citizens National Corporation, but the decision exposed a split over how the central bank is weighing competition in already concentrated local banking markets. The 29-page...
Two Virginia community banks are combining in a roughly $253 million transaction that will create a $4.4 billion institution stretching from the Shenandoah Valley through Northern Virginia and into the Washington, D.C., metropolitan area. John Marshall Bancorp, the...
EverBank and WaFd are combining in a $3.9 billion transaction that will create a roughly $75 billion banking company — but for the housing industry, the more revealing part of the deal may be what both banks have been moving away from. The companies announced Monday...
Office Properties Income Trust Posts $45.8 Million Loss After Bankruptcy Ex…
