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Mergers & Acquisitions

Meanwhile, TGR Financial to merge with First Foundation and Liberty Bank to acquire Tri-State Bank
Plus: First Bancorp announces Select Bancorp takeover, United Community Banks buys Aquesta, Oconee to merge with Elberton
HSBC’s departure is the result of a “lack of scale to compete”, company says
Plus: Amerant Bank’s mortgage subsidiary makes acquisition; Sterling invests in private credit fintech
Plus: United Community Banks buys wealth manager; Ottawa Savings Bank to convert charter
Pioneer Bancshares acquisition creates combined entity with 60-strong branch network
New senior staff also appointed at Nicolet Bank, Grasshopper Bank, and Live Oak Bank
FDIC levies fine for unfair and deceptive practices in equipment leasing business
Farmer’s & Merchants Bancorp is to acquire Perpetual Federal Savings Bank of Urbana as the banking sector continues to see M&A activity
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