Tag: Banking
Southern States Bancshares launches initial public offering
Anniston-based Southern States Bancshares Inc., the bank holding company of Southern States Bank, has commenced an initial public offering of 996,429 shares of common...
BancorpSouth, Texas First Bancshares Ink Merger
Mississippi-based BancorpSouth Bank, which has 310 full-service branches in Alabama and seven other states, recently completed its previously announced merger with Texas First Bancshares...
River Financial Corp. Acquires Trinity Bank
Prattville-headquartered River Financial Corp., the 9th largest Alabama-based bank, has completed the acquisition of Alabama's 65th largest bank, Trinity Bank, based in Dothan, it...
Auburn Finance Prof Weighs Chance of Recession
Albert Wang, the Synovus Fellow and associate professor of finance in the Auburn University Harbert College of Business, recently shared his thoughts on the possibility of a recession in the U.S.
Louisiana Bank Buys Bank of York, in Alabama
Louisiana-based Investar Holding Corp. and its wholly-owned subsidiary, Investar Bank, announced plans to purchase the Bank of York in York, Alabama in a $15 million deal.
How ServisFirst Keeps Scoring
Always a standout in our annual report on bank performances, ServisFirst explains how its key measurements spring from a tight focus on core competencies. Focus has led to expansion — from Birmingham to Nashville to Charleston to Tampa, and from income of $52.3 million to $137 million.
Bank Exposure on Commercial Real Estate Creeps Higher
According to a recent report in National Real Estate Investor, a “day of reckoning” may be looming for banks with too much exposure on commercial real estate loans.