Plumas Bancorp in Reno, Nev., entered into a sale-leaseback transaction for two administrative offices in Quincy, Calif. The company disclosed in a regulatory filing that it sold the buildings to BBS Branch III for nearly $5.6 million. The bank then agreed to lease the properties for 15 years, with three five-year renewal options. The initial annual rent is $463,000 with 3% annual increases. The transaction resulted in a $5.5 million

Fulton Financial in Lancaster, Pa., has agreed to buy Blue Foundry Bancorp in Rutherford, N.J. The $32 billion-asset Fulton said in a press release that it will pay $243 million in stock for the $2.2 billion-asset Blue Foundry. The deal, which is expected to close in the second quarter, priced Blue Foundry at 77% of its tangible book value. The deal is expected to be more than 5% accretive to

Green Dot in Provo, Utah, is splitting up to sell to CommerceOne Financial in Birmingham, Ala., and Smith Ventures. The fintech said in a press release that the $835 million-asset CommerceOne will buy its bank and related assets and emerge as a new publicly traded company.  Smith Ventures will buy and privatize Green Dot’s nonbank fintech assets and operations. The bank will serve as the fintech's issuing bank under a

HoldCo Asset Management, a recent gadfly to a number of publicly traded banks, has alleged in a lawsuit Comerica’s directors breached their fiduciary duties to investors by rushing into a decision to sell the Dallas company to Fifth Third Bancorp in Cincinnati. The $78 billion-asset Comerica agreed last month to sell to the $210 billion-asset Fifth Third for $10.9 billion in a deal negotiated over just 17 days, according to

CBB Bancorp in Los Angeles has a new CEO. The company said in a press release that Seungho Park had also become its president. Park, who was chief commercial banking officer, succeeded Richard Koh, who had led the company since April. Park "brings years of experience in the Korean American banking market, and he has consistently demonstrated the ability to generate profitable growth." Soon Pak, the company's chair, said in

Bank of the Plains in Plains, Kan., will enter 2026 with a new CEO. The $440 million-asset bank said in a press release that Tina Call will succeed Gene Dikeman when he retires on Jan. 1. Dikeman will remain on the board. Call has been the bank's president. “Under Gene’s leadership, Bank of the Plains has grown to serve many more customers and communities in Kansas,” Dan Clawson, the bank's

Dream First Bank in Syracuse, Kan, has agreed to buy a branch from Bank of the Plains in Plains, Kan. The $921 million-asset Dream First said in a press release that it will buy a Lakin, Kan., location, from the $442 million-asset Bank of the Plains. The branch had $15.3 million of deposits on June 30, based on data from the Federal Deposit Insurance Corp. The deal is expected to

Pinnacle Financial in Elberton, Ga., has agreed to buy Morris State Bancshares in Dublin, Ga. The $2.2 billion-asset Pinnacle said in a press release that it will exchange 0.1095 shares of its stock for each share of the $1.5 million-asset Morris. The deal is expected to close by early in the second quarter. Morris' shareholders will also receive a special dividend of 54 cents a share before closing. "As we