Strategic Insights into Banking & Fintech

BTC Bank parent to buy Tri-County Trust in Missouri

BTC Bank parent to buy Tri-County Trust in Missouri

Bethany Bankshares in Bethany, Mo., has agreed to buy Bancshares of Glasgow in Glasgow, Mo. Bethany, the holding company of the $1.6 billion-asset BTC Bank, said in a press release that it expects to buy the parent of the $61.5 million-asset Tri-County Trust Co. in the second quarter. The price wasn't disclosed. “We are excited to continue our strategic growth across Missouri,” Doug Fish, BTC Bank's president and CEO, said

February 27, 2026
Metropolitan in New York to raise $200M via public offering

Metropolitan in New York to raise $200M via public offering

Metropolitan Bank Holding in New York plans to raise about $205 million by selling common stock. The company said in a press release that it will sell 2.1 million shares in a public offering at $85 each. Metropolitan could sell another 15% of its stock if there is enough demand. The company plans to use the proceeds to support its organic growth, investments in the bank and working capital, among

February 26, 2026
Willamette Valley Bank in Ore. to exit residential mortgage lending

Willamette Valley Bank in Ore. to exit residential mortgage lending

Willamette Valley Bank in Salem, Ore, will exit residential mortgage lending. The $452 million-asset bank said in a press release that it will stop making those loans on March 31. “The residential mortgage industry has undergone significant changes in recent years, including the growth of online and non‑bank lenders and a prolonged period of higher interest rates,” Ryan Dempster, the bank's president and CEO, said in the release. “These conditions

February 26, 2026
Arrow Financial to buy Adirondack Bancorp in New York

Arrow Financial to buy Adirondack Bancorp in New York

Arrow Financial in Glens Falls, N.Y., has agreed to buy Adirondack Bancorp in Utica, N.Y. The $4.5 billion-asset Arrow said in a press release that it will pay $89.1 million in cash and stock for the $942 million-asset Adirondack. The deal, which is expected to close in the second quarter, priced Adirondack at 138.2% of its tangible book value. The companies "are two deeply rooted and culturally aligned community banks

February 26, 2026
FS Bancorp in Washington to buy Pacific West Bancorp in Oregon

FS Bancorp in Washington to buy Pacific West Bancorp in Oregon

FS Bancorp in Mountlake Terrace, Wash., has agreed to buy Pacific West Bancorp in West Linn, Ore. The $3.2 billion-asset FS Bancorp said in a press release that it will pay $34.6 million in cash and stock for the $386 million-asset Pacific West. The deal, which is expected to close in the third quarter, priced Pacific West at 95% of its tangible book value. The acquisition "represents a compelling step

February 26, 2026
Marion County Bank in Iowa selects CFO as its next leader

Marion County Bank in Iowa selects CFO as its next leader

Marion County Bank in Pella, Iowa, has a new leader. The $600 million-asset bank said in a press release that Klint Korver had succeeded Steve Kraayenbrink, who will retire at the end of March. Korver was the bank's chief financial officer. “Klint is a proven leader with a clear vision for the future of Marion County Bank,” Bryce Dahm, the bank's chairman, said in a statement. "His experience, strategic mindset,

February 25, 2026
Georgia Banking to buy Tandem Bank in Georgia

Georgia Banking to buy Tandem Bank in Georgia

Georgia Banking in Atlanta has agreed to buy Tandem Bank in Tucker, Ga. The $2.7 billion-asset Georgia Banking said in a press release that it expects to buy the $304 million-asset Tandem in the second quarter. The price wasn't disclosed. "We're excited to welcome the Tandem team to Georgia Banking Company," Bartow Morgan Jr., Georgia Banking's CEO, said in the release. "Tandem is a high-quality banking franchise built on prudent risk

February 25, 2026
Eagle Rock Bank applies to buy Riverland Bank in Minnesota

Eagle Rock Bank applies to buy Riverland Bank in Minnesota

Olmstead Holding in Rochester, Minn., has agreed to buy Riverland Bancorp. in Jordan, Minn. Olmstead, the holding company for the $272 million-asset Eagle Rock Bank, applied with the Federal Deposit Insurance Corp. on Feb. 24 to buy the parent of the $229 million-asset Riverland Bank. The price wasn't disclosed.

February 25, 2026