Farmers National Banc in Canfield, Ohio, has agreed to buy Cortland Bancorp in Cortland, Ohio.The $3.3 billion-asset Farmers National said in a press release Wednesday that it will pay $124 million in cash and stock for the $792 million-asset Cortland. The deal, which is expected to close in the fourth quarter, priced Cortland at 153% of its tangible book value. Cortland has 13 branches, $519 million of loans and $680 million

Fifth Third Bancorp in Cincinnati has agreed to buy Provide, a digital platform for health care practices.The $207 billion-asset Fifth Third said the acquisition will add capabilities to address complex lending and banking needs for retail health care providers. Fifth Third did not disclose the price it will pay. “Over the last decade, Fifth Third’s health care team has expanded its presence and expertise to become one of the top

Nicolet Bankshares in Green Bay, Wis., has agreed to buy County Bancorp in Manitowoc, Wis.The $4.5 billion-asset Nicolet said in a press release Tuesday that it will pay $219 million in cash and stock for the $1.5 billion-asset parent of Investors Community Bank. The deal, which is expected to close in the fourth quarter, priced County at 138% of its tangible book value. Nicolet has been acquisitive lately, agreeing in

First Commonwealth Financial in Indiana, Pa., has created an equipment finance division.The $9.4 billion-asset company said in a recent press release that it had hired Rob Boyer to serve as president of First Commonwealth Equipment Finance Group. Boyer recently served as a senior director at TCF Bank, according to his LinkedIn profile. He was also president of Susquehanna Commercial Finance from October 1998 to February 2021.Boyer “brings vast experience in running

Middlefield Banc Corp. in Middlefield, Ohio, is looking for a new leader. The company said in a press release Friday that Thomas Caldwell plans to retire as president and CEO in March 2022. Middlefield said it has begun looking at internal and external candidates to succeed Caldwell.Caldwell has been Middlefield's president and CEO for 26 years, helping take the company public in 2001. "Under Tom’s leadership, Middlefield has grown significantly, achieved strong

RCB Holding in Claremore, Okla., has agreed to buy Oklahoma State Bancshares in Vinita.The $3.7 billion-asset RCB said in a press release that it expects to buy the $306 million-asset parent company of Oklahoma State Bank and Lakeside Bank in the third quarter.RCB did not disclose the price it will pay. “What attracted us ... was the bank’s reputation and their employees within each of their communities,” Roger Mosier, RCB's president

Columbia Financial in Fair Lawn, N.J., has agreed to buy Freehold Bancorp in Freehold, N.J. The $9 billion-asset Columbia said in a press release Thursday that the $300 million-asset Freehold will convert to a federal savings bank and operate as a wholly-owned subsidiary. Freehold Bank will be merged into Columbia Bank two years after the holding companies have merged. The deal is expected to close in the fourth quarter.  Freehold has

Cross River Bank in Fort Lee, N.J., has formed a venture capital division to invest in fintechs and other startups.The $13.5 billion-asset company said that Cross River Digital Ventures will also evaluate companies involved with lending, payments and investing. The bank already serves as the regulated financial institution for several fintechs. “Cross River already powers some of the largest companies in fintech and this new endeavor will help us identify and