Top Headlines: Birmingham-based bank purchased; Carnival staying in Mobile;

Florida bank to buy National Commerce Corp. in $850M deal
CenterState Bank Corp. on Monday announced it will purchase Birmingham-based bank National Commerce Corp. in an all-stock transaction valued at $850.4 million. The combined entity, which faces regulatory approval, would become a strong regional bank competing in Florida, Georgia and Alabama with $16.4 billion in assets, $12.9 billion in deposits and a loan portfolio worth $11.5 billion, according to a company statement. – The Ledger

Carnival commits to another year in Mobile
For the second time since restarting cruise service from Mobile in 2016, Carnival has signed a one-year extension of its contract to operate from the city’s cruise terminal. Mayor Sandy Stimpson and City Council members were all smiles Monday as Stimpson announced the extension and shortly thereafter signed the agreement. “This has made a huge financial impact on the city,” the mayor said. –

Alabama law squishy on carrying a gun in places that ban guns
In the confused aftermath of the mistaken fatal shooting at the Galleria mall in Hoover on Thanksgiving, there have been questions raised about Emantic Bradford Jr.’s possession of a gun that night. A study found in 2017 there were more than 755,000 concealed carry permits in Alabama. That’s about 15 percent of the state’s population. Hoover Police Department says it was Bradford’s holding a gun that led to him being shot. – WHNT

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GM to halt production at five plants in North America
Amid global restructuring, General Motors announced Monday it would reduce its North American production and salaried and executive workforce. The Detroit-based automaker said it would not be allocating any production to Oshawa Assembly in Ontario, Lordstown Assembly in Ohio and Detroit-Hamtramck Assembly in Michigan after December 2019. – Washington Post

Leaders say merger of two mental health entities has thrived
Two years have passed since AltaPointe Health merged with the former Cheaha Regional Mental Health Center, and leaders of both entities are lauding the merger as highly successful. Cindy Atkinson, former director of Cheaha Regional Mental Health Center and now associate executive director of community mental health for the Sylacauga region said the merger has been “wonderful” for the four-county community as well as for staff members. – News release

OSHA cites Brundidge firm over employee amputation, injury
A Pike County company faces $164,997 in penalties from the U.S. Labor Department’s Occupational Safety and Health Administration. OSHA has cited Brundidge’s Southern Classic Food Group LLC for amputation and other hazards after two employees were hospitalized in separate incidents that happened within a week of each other earlier this year. –

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