NB Bancorp (Needham) Acquires Provident Bancorp (BankProv)

Providence Bank & Trust Acquires The Leaders Bank

May 1, 2022

Financial Services

Providence Bank & Trust completed its acquisition and merger of The Leaders Bank effective May 1, 2022. The merger expands Providence's footprint in the Chicago area (bringing combined assets to ~$1.69 billion and 15 branches) and will transition The Leaders Bank customers and employees into Providence, with operational platform consolidation planned for early June 2022.

Business First Bancshares Acquires Progressive Bancorp and Progressive Bank

January 5, 2026

Financial Services

Business First Bancshares, Inc. (the holding company for b1BANK) completed its acquisition of Progressive Bancorp, Inc. and its wholly owned subsidiary Progressive Bank. The deal expands b1BANK's presence across North Louisiana, adding nine locations and increasing Business First's total assets to approximately $8.7 billion.

Prosperity Bancshares Completes Merger with American Bank Holding Corporation

January 1, 2026

Financial Services

Prosperity Bancshares, Inc. (Prosperity) completed the merger with American Bank Holding Corporation and merged American Bank, N.A. into Prosperity Bank effective January 1, 2026. Under the deal Prosperity issued 4,439,981 shares to former American shareholders; American Bank’s management and board members will hold leadership roles at Prosperity as the combined franchise integrates operations through September 2026.

Berkshire Hills Bancorp and Brookline Bancorp Merge To Form Beacon Financial Corporation (Beacon Bank)

September 2, 2025

Financial Services

Berkshire Hills Bancorp and Brookline Bancorp completed a merger of equals to form Beacon Financial Corporation, the parent of the newly branded Beacon Bank, headquartered in Boston. The combined regional bank has roughly $24 billion in assets, more than 145 branches across New England and New York, and expanded commercial, consumer, and wealth-management capabilities.

Banc of California Acquires Pacific Mercantile Bancorp

March 22, 2021

Financial Services

Banc of California, Inc. (NYSE: BANC) agreed to acquire Pacific Mercantile Bancorp (NASDAQ: PMBC) in an all-stock transaction announced March 22, 2021 and completed on October 18, 2021. The deal was valued at approximately $235 million at announcement (consideration reported at about $226 million at close) and expands Banc of California's Southern California business-banking franchise by adding roughly $1.5 billion in assets, ~$1.3 billion in deposits and ~$980 million in gross loans.

Brookline Bancorp Acquires PCSB Financial Corporation

January 1, 2023

Financial Services

Brookline Bancorp, Inc. completed its acquisition of PCSB Financial Corporation effective January 1, 2023, following receipt of required regulatory approvals. The deal adds PCSB Bank's 15 branches in the Lower Hudson Valley to Brookline's footprint and expands Brookline's retail and commercial banking presence in New York.