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VantageSouth Bancshares (VSB) in Raleigh, N.C., and Yadkin Financial (YDKN) in Elkin, N.C., are reportedly discussing a merger.
November 6 -
Yadkin Valley Financial (YAVY) in Elkin, N.C., is seeking shareholder approval for a three-to-one reverse stock split.
March 25 -
Yadkin Valley Financial in Elkin, N.C., tapped fee income to return to profitability.
April 25 -
The North Carolina market is poised for a big round of M&A, and executives at NewBridge Bancorp which has made two acquisitions this year believe they can build the state's first super-community bank.
December 9
A retired executive at Yadkin Financial (YDKN) resigned last week in a dispute over the Elkin, N.C., company's growth strategy.
James Smoak notified Yadkin on Dec. 20 that he was leaving, the $1.8 billion-asset company said in a regulatory filing. Smoak, who joined the board in 1987, retired as president and chief executive of Yadkin Valley Bank and Trust in 2002. Smoak was on Yadkin's audit committee, asset-liability committee, directors loan committee and capital committee, according to a regulatory filing.
Yadkin said in the filing that it has no immediate plans to fill the vacancy.
Reports
