Scotiabank in Toronto has agreed to buy Maple Financial Holdings in Tulsa, Oklahoma. The Canadian bank did not disclose how much it will pay for the parent of the $1 billion-asset MapleMark Bank. Most of the bank’s deposits are in the Dallas area.
Legend Bancorp in Bowie, Texas, has agreed to buy Graham Savings and Loan in Graham, Texas. The $1.2 billion-asset Legend said in a press release that it expects to buy the $160 million-asset Graham Savings this fall. The price wasn’t disclosed.
Bogota Financial in Teaneck, New Jersey, has agreed to buy GSL Savings Bank in Guttenberg, New Jersey. Bogota said in a press release that it will issue shares to GSL’s mutual holding company as part of the deal, which is expected to close in the second half of 2026. The terms were not disclosed.
Coastal Carolina Bancshares in Myrtle Beach, South Carolina, has agreed to buy Beacon Holding Co. in Charleston, South Carolina. Coastal Carolina said in a press release that it will exchange stock for the parent of Beacon Community Bank. The deal is expected to close in the third or fourth quarter.
M&A News is reported by Paul Davis and reprinted with permission as an adaptation of the material from TheBankSlate.com.
