Forte Bank in Hartford, Wis., has lined up its next leader. The $410 million-asset bank said in a press release that Aaron Lensink will become president and CEO on July 1. Lensink, the bank's executive vice president of commercial banking, will succeed Tim Purman, who is retiring. "It has been an incredible honor to serve as President & CEO of Forte Bank," Purman said in the release. "The strength of

Fintech Mercury raised $300 million in capital while adding four new directors. The San Francisco company said in a press release that the Series C investment round, led by Sequoia Capital, represents a valuation of $3.5 billion. Other participants included new investors Spark Capital and Marathon, along with existing backers Coatue, CRV and Andreessen Horowitz. Mercury, founded in 2017, added Tim Mayopoulos, Tom Brown, Sonya Huang and Jason Zhang to

Triumph Financial in Dallas has elevated the roles of three executives to serve as division presidents. The $5.9 billion-asset Triumph said in a press release that the moves are designed to "strengthen its organizational structure and position the company for long-term growth and innovation in the transportation and financial services industry." Kim Fisk was named president of factoring. Fisk, Triumph's chief operating officer, succeeded Tim Valdez, who is now chairman

Dream First Bank in Syracuse, Kan., has agreed to buy BancCentral in Alva, Okla. The $689.7 million-asset Dream First did not disclose how much it will pay for the $268 million-asset BancCentral. “We are excited to bring BancCentral customers our community-focused and personal approach to banking,” Chris Floyd, Dream First's president and CEO, said in a press release. “We have been firmly established for more than 100 years, and family-owned for

BankFirst in Columbus, Miss., has agreed to buy Magnolia State Corp. in Bay Springs, Miss. The $2.8 billion-asset BankFirst said in a press release that it plans to buy the $456 million-asset Magnolia State in the third quarter. The price wasn't disclosed. The acquisition "will further strengthen BankFirst as we continue to grow and expand our presence in the south Mississippi market," Moak Griffin, BankFirst's president and CEO, said in

Lakeside Bank in Rockwall, Texas, has a new leader. The $308 million-asset bank said in a press release that Chris Williams had become its president and CEO. Williams recently served as regional executive vice president at Origin Bank. "We're excited to have Chris join Lakeside," Brian Pratt, a Lakeside director, said in the release. "He loves what he does and does it exceptionally well. He will lead our continued pursuit

Lincoln State Bank in Hankinson, N.D., will soon have a new president. The $118 million-asset bank said in a press release that Amanda Lingen will take on the role on April 1. Lingen "is a vital member of our team, and her promotion to President is a testament to her leadership, expertise, and dedication to our customers and staff,” Bob Wurl, the bank's chairman and CEO, said in the release.

Michael Quinn is retiring as president and CEO of Rhinebeck Bancorp in Poughkeepsie, N.Y., ending 40 years with the bank. The company said in a press release that Quinn will continue to serve as its leader until a successor is found. An executive search firm has been hired to oversee the process. "Our achievements are a direct result of our dedicated employees and the trust placed in us by our