Broadway Bank in San Antonio, Texas, is looking for a new leader. The $5.7 billion-asset bank said in a press release that David Bohne had retired as CEO. Harvey Hartenstine, the bank's president and chief banking executive, was named interim CEO as the board looks for a permanent replacement.

Northfield Savings Bank in Northfield, Vt., will soon have a new leader. The $1.6 billion bank said in a press release that Joseph Bator will become president and CEO and join the board on Sept. 1. Bator, who recently served as a regional vice president in New Hampshire for TD Bank, will succeed the retiring Thomas Leavitt. Bator "is a strategic and values-driven leader with deep commercial banking experience and

Unity Bancorp in Clinton, N.J., reported increased earnings after it found a way to liquidate its holdings in Patriot National Bancorp in Stamford, Conn. The $2.9 billion-asset Unity said in a press release that its second-quarter earnings rose by 74% from a year earlier, to $16.5 million. The quarter included a $3.5 million pretax gain realized on the sale of securities and a $2 million release for credit losses on

A group is looking to buy a bank in Wyoming. Integra BG was formed to acquire an unnamed state-chartered bank near Jackson Hole that it plans to rebrand as Tanager Bank, Chris Woolley, a member of the group, shared in a LinkedIn post. Integra will also conduct a private capital raise and implement new technology, Wooley said. "The combined experience of the board and management team will provide leadership with

Organizers of a proposed Korean-American bank in Los Angeles have received conditional approval from the Federal Deposit Insurance Corp. The group behind the proposed Quantum Bank must raise $35 million in capital before opening the bank. Organizers originally filed to open QIB Bank in March 2024 before changing the name. “The bank intends to operate as a full-service commercial bank providing a wide range of traditional banking products and services

First Community in Lexington, S.C., has agreed to buy Signature Bank of Georgia in Sandy Springs in a deal that was inadvertently leaked last week. The $2 billion-asset First Community said in a press release that it will pay $41.6 million for the $249 million-asset Signature. The deal, which is expected to close in the first quarter, priced Signature at 121% of its tangible book value. “This partnership marks an

Huntington Bancshares in Columbus, Ohio, has agreed to buy  Veritex Holdings in Dallas. The $210 billion-asset Huntington said in a press release that it will pay $1.9 billion in stock for the $13 billion-asset Veritex. The deal, which is expected to close in the fourth quarter, priced Veritex at 152% of its tangible book value. Veritex has $9 billion in loans and $11 billion in deposits. “This combination supports our

Civista Bancshares in Sandusky, Ohio, has agreed to buy Farmers Savings Bank in Spencer, Ohio. The $4.1 billion-asset Civista said in a press release that it will pay $56 million in cash and stock for the $285 million-asset Farmers. The deal is expected to close in the fourth quarter. Civista will also raise $70 million by selling common stock in a public offering. Piper Sandler is serving as the book-running