First Guaranty Bancshares in Hammond, La., has amended its second-quarter results to reflect a larger loan-loss provision and a bigger quarterly loss. The company disclosed in a regulatory filing that its loss widened from $5.8 million to $7.3 million. A big factor was the provision, which increased from $14.7 million to $16.6 million. First Guaranty also amended its release to note that total assets decreased by $4 billion from the

Klarna has arranged a new financing agreement where it will sell newly originated, short-term receivables from its Buy Now, Pay Later service to Nelnet Financial Services. Klarna said in a press release that up to $26 billion in total payment volumes should change hands as part of the agreement. Proceeds would be used to expand Klarna's U.S. presence while "enhancing balance sheet flexibility and supporting long-term capital strategy." The Swedish

First Interstate BancSystem in Billings, Mont., added some heft to its board. The company disclosed in a regulatory filing that Michael Scudder will serve as a director an initial term expiring at the 2028 annual meeting. Scudder retired as chairman of Old National Bancorp on January 2024. He was president and CEO of First Midwest Bancorp when it sold to Old National in 2022.

FS Bancorp in Mountlake Terrace, Wash., will soon have a new bank CEO. The $3.2 billion-asset company said in a press release that Matthew Mullet will take on the role at 1st Security Bank on Sept. 1. Mullet, who will remain president of FS Bancorp and the bank, will succeed Joe Adams, who will remain the company's CEO. “This succession ... has been carefully planned by the board," Ted Leech, FS

SunMark Bancshares in Perry, Ga., has agreed to buy Wheeler Bancshares in Alamo, Ga. The $381.6 million-asset SunMark did not disclose how much it will pay for the parent of the $181.9 million-asset Wheeler County State Bank. Performance Trust Capital Partners, which announced the deal on LinkedIn, advised Wheeler.

Capitol Bank in Madison, Wis., has a new CEO. Ken Thompson shared on his LinkedIn account that he had retired, though he will remain executive chairman of the $640.1 million-asset bank. Justin Hart, who was president, is now CEO. "My journey with Capitol Bank has been nothing short of extraordinary," he wrote in a post. "Reflecting on nearly three decades of growth, I am filled with pride."

BOSP Bancshares in Sun Prairie, Wis., has agreed to buy Banner Bancorp in Birnamwood, Wis. BOSP, the parent of the $742 million-asset Bank of Sun Prairie, said in a press release that it plans to buy the holding company for the $126 million-asset Banner Banks in the fourth quarter. The price wasn't disclosed. D. Shannon Blakley, Banner's president and CEO, will serve as a consultant after the deal closes. “This

A group looking to form a bank in New Orleans has received conditional approval from the Federal Deposit Insurance Corp. Organizers of the proposed NOLA Bank must raise $26.4 million of initial capital. The bank, which was originally called InclusiveBANK before rebranding, is expected to open as a minority depository institution (MDI). Joe Omner is expected to serve as president and CEO. He was a former chief operating officer of