Third Coast Bancshares in Houston has agreed to buy Great Plains Bancshares in Oklahoma City. The $7 billion-asset Third Coast said in a press release that it will pay $239.6 million in stock for the $1.9 billion-asset parent of Great Plains National Bank. The deal, which is expected to close in the first quarter, priced Great Plains at 156% of its tangible book value. Great Plains has 23 branches, $1.7

Byline Bancorp in Chicago has agreed to buy Illinois State Bancorp in Chicago. The $9.9 billion-asset Byline said in a press release that it will pay $87.9 million in cash and stock for the $617.3 million-asset parent of First Nations Bank and Bank of Bourbonnais. The deal, which is expected to close in the first quarter, priced Illinois State at 107% of its tangible book value. Illinois State has $470.5

TowneBank in Suffolk, Va., has agreed to buy blueharbor bank in Mooresville, N.C. The $22.6 billion-asset TowneBank said in a press release that it will pay $150 million in cash and stock for the $628 million-asset blueharbor. The deal is expected to close in the first quarter. “We are excited to welcome blueharbor and its talented team to the TowneBank family,” G. Robert Aston Jr., TowneBank's executive chairman, said in

Rain, which provides infrastructure for stablecoin payments, has applied to the Office of the Comptroller of the Currency to create a national trust bank. The proposed Rain National Trust Bank would serve institutional clients in the digital asset payment ecosystem through three lines of business: custody, reserve management, and issuance and redemption. Brandon Soto would serve as the trust bank's president and CEO. He was CFO at Coastal Financial in

New Horizon Bank in Virginia is moving its headquarters. The bank said in a press release that it will relocated from Powhatan to Richmond. The bank noted in the release that most of its staff already work in the state capital, and most of its deposits and loans are from there. "While we’ve built a digital-first bank, including our own technology subsidiary, the best ideas still come from people in

Arbor Bancorp in Ann Arbor, Mich., has agreed to buy Huron Valley Bancorp in Milford, Mich. The parent of the $2.7 billion-asset Bank of Ann Arbor will pay $52.1 million in cash for the $270.4 million-asset Huron Valley State Bank. The deal is expected to close in late 2026 or the first quarter. “We have been looking for strategic opportunities to deploy our excess capital and expand Bank of Ann Arbor’s

Modern Treasury in San Francisco, which provides infrastructure for global money movement, has applied to the Office of the Comptroller of the Currency to establish a national trust bank. The company said that Modern Treasury National Trust Bank, if approved, would provide customers with a custody solution that seamlessly integrates payments and settlement capabilities with digital asset and custody services. “We believe stablecoins are foundational economic infrastructure for the future,”

National Bank Holdings in Denver warned that it expects material impairments on specific commercial loans in the third quarter, mostly involving credits in the franchise and healthcare industries. The company said the affected relationships carry $65 million in outstanding principal. Management is still assessing the remaining collateral and will charge the loans down to their estimated value, an aggregate of $18.2 million. That implies $46.8 million in chargeoffs and a