Roughly 90 banks that participated in the government’s lending program still owe money to the Treasury Department and face a massive dividend increase. Many of those could view selling as a better alternative to raising new capital. American Banker
The Wisconsin Department of Financial Institutions closed the $ 67.1 million-asset North Milwaukee State Bank on Friday. American Banker
The $ 30.2 million-asset Citizens, in Hartford, Ky., agreed to pay a 1.77% premium for the branch’s average daily balance of assumed deposits for the ten days prior to the closing date. American Banker
The $ 12.6 billion-asset United said in a press release Monday that it will pay $ 269 million, or $ 37 a share, in stock for the $ 1.2 billion-asset Bank of Georgetown. American Banker
Community Bank Holdings of Texas in Corsicana has agreed to buy StarBanc Holding in Fort Worth. American Banker
Colorado state regulators on Friday closed the $ 31.7 million-asset Premier Bank in Denver. American Banker
FirstBank in Lexington, Tenn., has agreed to buy Northwest Georgia Bank in Ringgold. American Banker
