Firstar Bank in Sallisaw, Okla., has agreed to buy First National Bank of Stigler in Oklahoma. The $936 million-asset Firstar said it needs regulatory approval to buy the $131 million-asset First National. First National will adopt the Firstar brand in August 2024. The price wasn’t disclosed. “First National Bank of Stigler has an outstanding track record,” Mike Leonard, Firstar’s CEO, told the Muskogee Pheonix. “We are committed to providing customers

RiverWind Bank in Augusta, Ark., has a new CEO. The $137 million-asset bank said Casey Cullipher succeeded Bill Patton. Cullipher joined the bank team in 2016; he has been president and general counsel since January 2017. Cullipher will remain the bank’s president. “Casey has … continually proven himself to be everything we knew he could be as a community banker,” Charlie Eldridge, RiverWind’s chairman, said in a statement. “We are

Lake Shore Bancorp in Dunkirk, N.Y., which is working through a regulatory issue, has added a former KeyCorp executive to its board. The $714 million-asset company said in a press release that Ann Segarra had joined the board on Oct. 27. She is the unit business officer at the College of Arts and Science of the University at Buffalo. Segarra also spent 35 years as a bank, including 28 years

Provident Financial Holdings in Riverside, Calif., has lined up its next CEO. The $1.3 billion-asset company said in a press release that Donavon Ternes will succeed the retiring Craig Blunden on Jan. 1. Blunden will remain chairman. Ternes is the company’s president, chief operating officer and chief financial officer. He will remain president following his promotion. Provident said it will conduct a search to hire a new CFO. There are

Codorus Valley Bancorp in York, Pa., said it had amicably ended a cooperation agreement with an activist investor. The $2 billion-asset company disclosed in a regulatory filing that the agreement with Driver Management ended on Oct. 30. The decision “marks the end of a period of collaboration and opens new chapters for both parties,” the filing said.  "We are grateful for Driver Management's commitment to our bank and its shareholders,”

Blue Ridge Bankshares in Charlottesville, Va., reported a large quarterly loss, suspended its dividend and announced plans to restate several quarters of financial results. The $3.3 billion-asset Blue Ridge said in a press release that it lost $41.4 million in the third quarter, largely reflecting a $26.8 million goodwill impairment charge that was "driven by the pressure" on the company's stock price. The results also included a $6 million settlement

State Street in Boston didn’t have to look far to find its next president. The $284 billion-asset company disclosed in a regulatory filing that Louis Maiuri plans to step down as its president, chief operating officer and head of investment services at the end of this year. He will fully retire in early 2024. Ronald O’Hanley, State Street’s chairman and CEO will succeed Maiuri as president, while Moulay Mostapha Tahiri

Great Plains Bancshares in Elk City, Okla., raised $12.3 million through a private placement of common stock. The parent of the $1.6 billion-asset Great Plains National Bank completed the placement on Oct. 20, according to data compiled by Performance Trust Capital Partners. The data did not disclose the pricing, number of shares sold, investors or planned use for the proceeds.