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SmartFinancial to Buy Tennessee Branch from Atlantic Capital

American Banker

has agreed to buy a branch in Tennessee from a division of Atlantic Capital Bank in Atlanta. SmartFinancial in Knoxville, Tenn.,

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Proposed Tennessee de novo's organizers hit capital-raising goal

American Banker

RockPoint Bank is on pace to open early next year. The announcement comes two weeks after Craft Bank became Atlanta's first new bank since 2010.

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North Carolina investment group buying Tennessee bank

American Banker

The acquirer had pursued a de novo strategy in its home state but was unable to raise enough capital.

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Are banks taking advantage of the CECL extension?

Independent Banker

The CARES Act extended the CECL implementation deadline for many larger community banks until the end of the COVID-19 pandemic. Community bankers tell us that while the extension is welcome, they’re already down the road to implementation. ICBA tells FASB CECL isn’t feasible for community banks. By Stephanie Vozza.

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Growing a mortgage portfolio: Encourage borrowers to bank local

Abrigo

With mortgage rates down in the US , many homebuyers are looking locally to their community banks to finance their new, potentially life-changing purchase. In the spirit of the go local movement, new data from Sageworks Bank Information peeked in on 10 cities to see which community banks were making an impact on local mortgage lending.

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The top-performing community banks of 2021

Independent Banker

Independent Banker’s annual listing top-performing community banks of 2021 alongside interviews with some of the winners. In true community bank fashion, each has its own story to tell and its own path to success. In true community bank fashion, each has its own story to tell and its own path to success.

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Rebeca Romero Rainey: Community bankers take the high road

Independent Banker

As policymakers continue to review financial services regulations, the largest banks are working to roll back rules that were designed to mitigate the risks they pose to the financial system. Meanwhile, some members of Congress are asking the Federal Reserve to eliminate a capital surcharge on the megabanks. Where I’ll be this month.