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Bryn Mawr Bank (BMTC) in Pennsylvania has agreed to buy Continental Bank Holdings in Plymouth Meeting, Pa.
May 5 -
Patriot Financial has money to invest, but before community bank executives pick up the phone to request a meeting they should know what the private-equity firm wants and doesn't want.
October 5
Banking is still a relationship business, and that includes mergers and acquisitions.
Bryn Mawr Bank (BMTC) on Monday agreed to buy Continental Bank Holdings in Plymouth Meeting, Pa.,
Geist and Peters cut their teeth at Hamilton Bank in West Chester, Pa., in the 1980s, Peters said during the call. After leaving Hamilton, "we traveled the same route through management" at other banks, Peters added. "The fact that Wayne is [at Continental] gives us a lot of confidence" about the merger.
Peters also said he has known Kirk Wycoff, a
"When we were negotiating with them we knew we were negotiating with sophisticated people who know what they are doing," Peters added.