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National Bank of Commerce in Birmingham, Ala., is beefing up in Florida with a deal to buy United Group Banking Company of Florida in Longwood.
June 9 -
First Guaranty Bancshares in Hammond, La., has postponed its initial public offering, citing "unfavorable market conditions."
December 19 -
Marketplace lender Social Finance may pursue a larger initial public offering than expected, CEO Mike Cagney said. Progress in its mortgage business and a new lending app will be pivotal to the company's future, he said.
December 15
National Commerce in Birmingham, Ala., is looking to raise $50 million through an initial public offering.
The $897 million-asset company on Friday filed a
National Commerce said in the filing that it intends to expand into "attractive, higher growth markets" by buying community banks in the Southeast.
The company in June
National Commerce has nine branches in Alabama and Florida, according to the Federal Deposit Insurance Corp.
