UMB Financial in Kansas City, Mo., has agreed to buy Hybarger & Associates, a consulting firm focused on community bank performance. The $40.6 billion-asset UMB said in a press release that it expects to complete the acquisition in the second quarter. The price wasn’t disclosed. Hybarger offers advice in areas such as interest rate risk analysis, budgeting and forecasting, bond analytics and market tracking, liquidity and capital analysis, CECL modeling

Coastal Financial in Everett, Wash., has hired a veteran banker to oversee its Banking-as-a-Service platform. Chris Rigoni announced on his Twitter account that he had been named senior director of BaaS operations at the $3.5 billion-asset company. “Looking forward to working with the team to build on an already stellar program,” he tweeted. Rigoni previously served as a senior managing director at Webster Bank. Rigoni is the latest high-profile hire

Republic First Bancorp in Philadelphia will have a new chairman. The $6.2 billion-asset company said in a press release that Andrew Cohen, co-founder and chief investment officer at Cohen Private Ventures, will take over the post tomorrow. Cohen will succeed Harry Madonna, who founded the bank in 1988 and returned to a leadership role with last year’s departure of Vernon Hill II. Madonna will remain on Republic First’s board. The

OneAZ Credit Union in Phoenix has a new CEO. The $3 billion-asset credit union said in a press release that Brandon Michaels had also become its president. He succeeded Kim Reedy, who retired. Michaels previously served as head of corporate development at Allied Solutions. Before that, he was president and CEO of JSC Federal Credit Union and Mazuma Credit Union. “Brandon embodies OneAZ’s mission, vision and values,” Jon Borge, OneAZ’s

Shareholders of Mid-Southern Bancorp approved an outside proposal that the Salem, Ind., company hire an investment bank to help it find a buyer. The $266.4 million-asset Mid-Southern disclosed in a regulatory filing that nearly 1.1 million shareholders backed the proposal by J. David Rosenberg that it retain an investment bank “to guide the company in promptly taking steps to merge or sell … on terms that will maximize stockholder value.”

Roc Capital Holdings in New York has acquired the origination assets of Civic Financial Services from PacWest Bancorp in Los Angeles. Roc360, a platform that serves residential real estate investors and originates business-purpose loans, said in a press release that it will use the Civic brand. The price wasn’t disclosed. Founded in 2014, Civic has funded more than of $9.4 billion of loans through its borrower-direct, broker and correspondent channels. "In the

Edmonton Bancshares in Edmonton, Ky., has agreed to buy Sumner Financial in Gallatin, Tenn. Edmonton, the parent for the $733 million-asset Edmonton State Bank, said in a press release that it will pay $26.82 a share for the parent of the $234 million-asset Sumner. Sumner has three branches. The acquisition “expands our market reach into the Gallatin, Hendersonville and Nashville areas, and continues fulfillment of our long-term strategic goals of

First Guaranty Bancshares in Hammond, La., has raised $10 million through a private placement of common stock. The $3.2 billion-asset company said in a press release that it sold about 710,000 shares at $14 each. The placement included the company’s directors and accredited investors. “We have been frustrated by the unfair beating our stock has taken in recent months, and the completion of the offering with the 100% participation of