SmartBiz Acquires Centrust Bank and United Community Bancshares

United Bankshares Acquires Community Bankers Trust Corporation (Essex Bank)

December 3, 2021

Financial Services

United Bankshares, Inc. completed its acquisition of Community Bankers Trust Corporation, the parent company of Essex Bank, adding an organization with approximately $1.7 billion in assets and headquarters in the greater Richmond, Virginia region. The deal expands United’s Mid‑Atlantic footprint into additional Virginia and Maryland markets; former Community Bankers Trust President and CEO Rex L. Smith III was retained as a Regional President for the former Essex Bank locations.

Cornerstone Advisors Acquires BankSmart

July 12, 2023

Professional Services

Cornerstone Advisors, a management and technology consultancy for banks, credit unions and fintechs, has acquired BankSmart, a boutique consulting firm specializing in bank operations, vendor selection, project management and payments. Cornerstone said it will integrate BankSmart’s team and its "SmartKits" operational tools into Cornerstone’s product suite to expand services and deliver new products to community-focused financial institutions nationwide.

United Community Banks Acquires Three Shores Bancorporation and Seaside National Bank & Trust

July 1, 2020

Financial Services

United Community Banks, Inc. completed its merger with Three Shores Bancorporation, Inc., effective July 1, 2020, with Three Shores' bank subsidiary Seaside National Bank & Trust merging into United's bank subsidiary. United will continue to operate Seaside locations under the Seaside Bank and Trust brand and expects the deal to expand its Florida presence while adding Seaside's wealth management capabilities to United's offerings.

Community National Bank & Trust of Texas Acquires CapTex Bank

July 6, 2025

Financial Services

Community National Bank & Trust of Texas (CNB&T) completed the acquisition of CapTex Bank, adding five branches in Fort Worth, Bonham, Leonard, Melissa and Trenton and expanding CNB&T's Texas footprint to 18 branches. The deal increases CNB&T's assets to approximately $1.7 billion, broadens its retail and commercial banking capabilities (including wealth management and mortgage origination), and was supported by SRM Corp as strategic advisor.

Bank First Corporation Acquires Centre 1 Bancorp (First National Bank and Trust)

January 2, 2026

Financial Services

Bank First Corporation (Nasdaq: BFC) has completed its acquisition of Centre 1 Bancorp, Inc., the parent company of The First National Bank and Trust Company. The deal brings First National’s trust and wealth management capabilities into Bank First, expands the combined footprint to 38 branches across Wisconsin and the Stateline area of Illinois, and creates a combined organization with approximately $6 billion in assets.

CBC Bancorp Acquires Bay Community Bancorp

May 20, 2024

Financial Services

CBC Bancorp, the holding company for Commercial Bank of California, has completed its acquisition of Bay Community Bancorp, the parent of Community Bank of the Bay, creating a combined franchise with approximately $3.5 billion in assets. The transaction, an all-cash deal at $14.00 per share that transitions CBB to a privately held division of CBC, expands CBC's footprint in Northern California and increases scale for enhanced product offerings and community-focused lending.