Gabrielle Saulsbery

Expenses related to the agreement have totaled over $5 million. CEO Steven Sugarman said he now expects regulatory and FDIC fees to decrease.

Lenexa, Kansas-based Small Business Bank must address being “significantly undercapitalized” within 30 days, the central bank wrote.

Century said it’s not involved in the share sale. But after its largest shareholder defaulted on loans at another bank with Century shares as collateral, the sale is, in part, up to the courts.

The deal marks Axos' fourth purchase announcement in a year. Published July 8, 2026 Gabrielle Saulsbery Senior Reporter

The London challenger bank is cutting jobs to eliminate duplication and accelerate product delivery, a spokesperson said.

Business First Bancshares, parent company of b1BANK, is a serial acquirer. This marks its seventh deal since 2020.

TS Banking Group and its bank holding company subsidiary TS Contrarian Bancshares must strengthen capital at two subsidiary banks, the central bank ordered.

It’s the second fine this year for the German bank, though it did not admit guilt or liability.

Customers of Kentland Federal Savings and Loan Association of Kentland, Indiana, automatically became customers of nearby but unrelated Kentland Bank, which was appointed receiver by the FDIC.

Financial institutions should “identify, measure, monitor and control these risks” in a way that that assesses “a borrower’s willingness and capacity to repay,” regulators said.