DLP Bancshares Acquires Community State Bank

PDL Community Bancorp Acquires Mortgage World Bankers

June 3, 2020

Financial Services

PDL Community Bancorp (the holding company for Ponce Bank) received regulatory approval from the New York State Department of Financial Services to acquire 100% of Mortgage World Bankers, a mortgage banking firm headquartered in Astoria, New York. The deal is intended to expand Ponce Bank's mortgage origination capacity, offer competitive consumer mortgage products and provide a channel to the secondary mortgage markets; it was expected to close on or about July 1, 2020.

Nicolet Bankshares Acquires Commerce Financial Holdings (Commerce State Bank)

February 17, 2020

Financial Services

Nicolet Bankshares, Inc. agreed to acquire Commerce Financial Holdings, Inc. and its wholly owned subsidiary Commerce State Bank in a stock-for-stock merger, with Nicolet as the surviving corporation. The transaction, valued at approximately $129.6 million (based on Nicolet's share price at announcement), expands Nicolet's assets and branch footprint in Wisconsin and is expected to close in Q3 2020 subject to shareholder and regulatory approvals.

Seacoast Banking Corporation of Florida Acquires Heartland Bancshares, Inc.

February 27, 2025

Financial Services

Seacoast Banking Corporation of Florida (Seacoast) signed a definitive agreement to acquire Heartland Bancshares, Inc., the parent company of Heartland National Bank, to expand Seacoast’s presence in Central Florida. The transaction received regulatory approvals and was completed effective July 11, 2025, with Heartland shareholders receiving a cash-and-stock consideration valued at approximately $111.2 million.

CoastalSouth Bancshares Acquires Cornerstone Bancshares

April 23, 2021

Financial Services

CoastalSouth Bancshares, parent of Coastal States Bank, completed the acquisition of Cornerstone Bancshares, the parent of Cornerstone Bank, expanding Coastal States Bank's presence in the Atlanta metropolitan area. The deal increases CSB's deposit footprint in Atlanta to over $550 million and brings Cornerstone's three Atlanta branches and client base into CSB's community banking platform.

Seacoast Banking Corporation of Florida Acquires Apollo Bancshares, Inc.

March 29, 2022

Financial Services

Seacoast Banking Corporation of Florida signed a definitive agreement to acquire Apollo Bancshares, Inc., the parent of Miami-based Apollo Bank, expanding Seacoast's presence in Miami‑Dade County. Apollo operates five branches with approximately $928 million in deposits and $665 million in loans; the all‑stock deal (fixed exchange ratios) was valued at about $168.3 million based on Seacoast's March 28, 2022 closing price and was expected to close in Q4 2022.

Seacoast Banking Corporation of Florida Acquires Legacy Bank of Florida

March 23, 2021

Financial Services

Seacoast Banking Corporation of Florida (Seacoast) signed a definitive agreement to acquire Legacy Bank of Florida, merging Legacy into Seacoast Bank to expand Seacoast’s presence in Broward and Palm Beach counties. Legacy Bank operates five branches with approximately $432 million in deposits and $482 million in loans as of December 31, 2020; Legacy shareholders will receive Seacoast stock in the transaction.