Merchants to acquire First National Bank of Northfield
Merchants Bank in Winona, Minn., has agreed to acquire the First National Bank of Northfield, Minn. The deal is expected to close by the end of the year. [Continue]
North Valley buying a pair of branches
Ohio’s North Valley Bank has agreed to buy two branches from The Ohio Valley Bank, Gallipolis. The offices are in Mount Sterling and New Holland, Ohio. [Continue]
Regulatory compliance burden eases some as industry conditions strengthen
The banking industry’s financial performance is generally strengthening at a time when regulatory demands seem to be lightening [Continue]
2018 revenue, hiring up at small businesses
The number of small businesses reporting revenue and employment growth increased from 2017, but the share of firms operating at a profit remained flat. [Continue]
Colorado’s International Bank rebrands
International Bank is now InBank. The institution’s new moniker reflects its 100-year legacy balanced with its vision for the future. [Continue]
Acquisition to unite two north-central Missouri banks
Regional Missouri Bank, Marceline, is acquiring Bank of Cairo and Moberly, both located in north central Missouri. The deal creates a $350 million bank. [Continue]
Quad Cities bank expands into Wisconsin
Moline-based SENB Bank has agreed to acquire Gateway Community Bank in Roscoe, Ill. The acquisition gives SENB its first location in Wisconsin. [Continue]
Glacier to buy Reno bank
Montana’s Glacier Bancorp is expanding into Nevada with its deal to buy Heritage Bancorp and its subsidiary Heritage Bank of Nevada, for $240.7 million. [Continue]
Bank of Edwardsville snags FHLB award
An Illinois bank has snagged bragging rights and a $10,000 grant from the Federal Home Loan Bank of Chicago for its innovative loan programs serving the underbanked. [Continue]
Midland to buy HomeStar in Illinois
A pair of Illinois banks are merging. Effingham-based Midland States Bancrop agreed to acquire HomeStar Financial Group, Manteno, in an all-stock transaction worth about $10 million. [Continue]