Home Bancorp in Lafayette, La., has agreed to buy Friendswood Capital in Houston. The $2.7 billion-asset Home said in a press release Wednesday that it will pay $67 million in cash for the parent of $445 million-asset Texan Bank. The deal is expected to close in the first quarter. The move makes Home’s first entry into Texas. "This merger provides Home Bancorp the opportunity to expand our geographic footprint into Texas," John Bordelon, the

Bank of the James Financial Group in Lynchburg, Va., has agreed to buy Pettyjohn, Wood, & White, a registered investment adviser in Lynchburg.  The $943 million-asset Bank of the James said in a press release Wednesday that Pettyjohn, Wood & White has more than $650 million of assets under management. The firm provides investment advisory services to high-net-worth individuals, individuals, corporations, charitable organizations and pension and profit-sharing plans. The price was not disclosed. Bunny Wood will remain

Citizens Financial Group in Providence, R.I., has agreed to buy DH Capital, an investment banking firm in New York. DH Capital, which also has an office in Boulder, Colo., serves companies in the Internet infrastructure, software and next-gen IT services, and communications sectors. The $170 billion-asset Citizens did not disclose the price it paid. DH Capital has completed more than 200 M&A transactions totaling about $35 billion in value. “The DH Capital team brings

Genesis Bank in Newport Beach, Calif., has created a program to support entrepreneurs.The $57 million-asset de novo said in a press release Wednesday that it had formed the Genesis Bank Institute for Entrepreneurship, a business accelerator and advisory division. The group will focus on accelerating entrepreneurship and growth for businesses, government and municipal entities, commercial enterprises and nonprofits. Through partnerships, Genesis would offer trust and estate planning, insurance, leadership development and

Shareholders have approved the pending sale of Pacific Enterprise Bancorp in Irvine, Calif., to of BayCom in Walnut Creek, Calif. The votes had some last-minute drama when Shaul Kopelwitz, a big Pacific Enterprise shareholder, disclosed that he would vote against the $53 million deal. He took issue with the discounted pricing of the acquisition. The $2.1 billion-asset BayCom agreed in September to buy the $647 million-asset Pacific Enterprise. BayCom said it has already

Carver Bancorp in New York has lined up an agreement to sell $20 million of common stock over time.The $707 million-asset company disclosed in a regulatory filing Tuesday that it retained Piper Sandler to handle potential stock sales. Sandler will be paid a 3% commission tied to the aggregate purchase price of each sale. Carver said it is not obligated to sell any stock.

SVB Financial in Santa Clara, Calif., has acquired a sell-side research firm that covers the media, communications and technology sectors. The $190 billion-asset SVB said in a press release Monday that it bought MoffettNathanson in a move that should help its SVB Leerink investment banking business expand its research coverage. SVB did not disclose the price it paid. "The MoffettNathanson team has built an incredible reputation as a leader in equity research," Greg Becker, SVB’s

Heritage Commerce in San Jose, Calif., has a new bank president. The $5.5 billion-asset company said in a press release Monday that Clay Jones had also become the bank’s chief operating officer. Walter Kaczmarek, the company’s president and CEO, will remain the bank’s CEO. “Clay is an exceptional leader and his promotion … places him in a key leadership role to preside over further growth and success of our bank,” Kaczmarek said in