Equity Bancshares in Wichita, Kan., will enter the St. Joseph, Mo., market after buying three branches from Valley View Financial in Overland Park, Kan. The $4.3 billion-asset Equity said in a press release Monday that it will also gain the assets and deposits associated with the branches. The deal is expected to close in December. Equity did not disclose the price it will pay.The branches had $71.9 million of deposits

Spencer Savings Bank in Elmwood Park, N.J., has agreed to buy Mariner’s Bank in Edgewater, N.J.The $3.6 billion-asset Spencer said in a press release Friday that it will pay cash for the $414 million-asset Mariner’s. The deal is expected to close in the fourth quarter.Mariner’s has six branches, $348 million of loans and $362 million of deposits.The deal is expected to be nearly 30% accretive to Spencer's 2022 earnings.“This opportunity

LendingClub will pay $18 million to settle a longstanding dispute with the Federal Trade Commission over allegedly hidden fees.The San Francisco lender said in a press release Wednesday that the funds would be used for “consumer remediation.” LendingClub did not admit any liability as part of the settlement."While we have never agreed with the FTC's allegations, we appreciate the important role the FTC plays to protect consumers and are pleased

United Community Banks in Greenville, S.C., will enter central Tennessee with an agreement to buy Reliant Bancorp in Brentwood.The $18.6 billion-asset United said in a press release Wednesday that it will pay $517 million in stock for the $3.1 billion-asset Reliant. The deal, which is expected to close in the first quarter, priced Reliant at 194.1% of its tangible book value.Reliant, based just outside of Nashville, has 25 branches, $2.4

Blue Ridge Bankshares in Charlottesville, Va., has agreed to buy FVCBankcorp in Fairfax, Va. The $3.2 billion-asset Blue Ridge said in a press release Wednesday that it will pay $306.6 million in stock for the $1.9 billion-asset parent of FVCbank. The deal is expected to close by the first quarter. Blue Ridge shareholders will own 52.5% of the company when the deal closes. The company will be based in Fairfax.

First Republic Bank in San Francisco now has two CEOs.The $161 billion-asset bank said in a press release Monday that Hafize Gaye Erkan had become co-CEO, sharing responsibilities with Jim Herbert. First Republic also said it had renewed the contract for Herbert, who is also the bank’s chairman, through the end of next year.Erkan will remain the bank’s president and a director.“In extending and enhancing their collaboration, the board believes

F.N.B. Corp. in Pittsburgh has agreed to buy Howard Bancorp in Baltimore. The $38 billion-asset F.N.B. said in a press release Tuesday that it will pay $418 million in stock for the $2.6 billion-asset Howard. The deal, which is expected to close in early 2022, priced Howard at 160% of its tangible book value.Howard, which entered Baltimore with the 2018 acquisition of 1st Mariner Bank, has 13 branches, $2 billion of

RBB Bancorp in Los Angeles has agreed to buy a branch in Honolulu from Bank of the Orient. The $3.7 billion-asset RBB said in a press release Monday that it will also gain $77.8 million of deposits and $10 million of performing loans. RBB said the total consideration is $2.8 million. The deal is expected to close by Dec. 31. “This transaction accelerates our goal of expanding our presence in