Mechanics Bank and HomeStreet Announce and Complete Strategic All-Stock Merger

FirstSun Capital Bancorp Merges with HomeStreet in $175 Million Equity-Raised Deal

January 16, 2024

Financial Services

FirstSun Capital Bancorp (holding company of Sunflower Bank) and HomeStreet (holding company of HomeStreet Bank) entered into a definitive all-stock merger agreement. The combined entity is expected to be listed on NASDAQ upon closing, creating a regional bank with approximately $17 billion in total assets and 129 branch locations.

North Shore Bank and Hometown Financial Group Complete Merger with Abington Bank

September 23, 2024

Financial Services

Hometown Financial Group and North Shore Bank completed the merger of Abington Bank into North Shore Bank, creating a combined community-bank franchise with more than $3 billion in assets and 25 branches across eastern Massachusetts and southern New Hampshire. The transaction consolidates Abington Bank as a division of North Shore Bank, expands Hometown Financial Group's scale and branch network, and enables enhanced digital banking, mortgage capability, and lending capacity.

Western Alliance Bancorporation Acquires AmeriHome Mortgage Company

February 16, 2021

Financial Services

Western Alliance Bancorporation has executed a definitive agreement to acquire Aris Mortgage Holding Company, the parent of AmeriHome Mortgage Company, for an estimated aggregate purchase price of $1.0 billion in cash (including $275 million cash consideration plus adjusted tangible book value). The deal brings a national B2B mortgage acquirer and servicer to Western Alliance — AmeriHome purchased about $65 billion of originations in 2020 and managed a $99 billion mortgage servicing portfolio as of December 31, 2020 — and is expected to be accretive to earnings and enhance fee / non-interest income.

HBT Financial Completes Merger with CNB Bank Shares, Inc.

March 2, 2026

Financial Services

HBT Financial, Inc. completed its merger with CNB Bank Shares, Inc., the holding company for CNB Bank. Following the transaction, CNB became a wholly-owned subsidiary of HBT, and CNB Bank merged into HBT’s subsidiary Heartland Bank. The combined organization expands HBT Financial’s footprint across central Illinois and the Chicago and St. Louis metro areas.

OCMBC, Inc. Acquires HomeStar Financial Corporation

August 29, 2024

Financial Services

OCMBC, Inc. completed the acquisition of HomeStar Financial Corporation, closing the deal on August 29, 2024. The deal expands OCMBC’s nationwide mortgage origination and servicing capabilities by adding HomeStar’s licensed mortgage banking operations based in Gainesville, Georgia.

Mercantile Bank Completes Merger With Eastern Michigan Financial

January 2, 2026

Financial Services

Mercantile Bank Corporation (NASDAQ: MBWM) completed its previously announced merger with Eastern Michigan Financial Corporation (OTCID: EFIN), combining the two Michigan-based institutions in a cash-and-stock transaction. Eastern shareholders received $32.32 per share plus 0.7116 shares of Mercantile common stock, and Eastern Michigan Bank will operate alongside Mercantile until Mercantile consolidates it into its own bank in the first quarter of 2027 (subject to regulatory approvals).