secwatch.observer — SEC 8-K summary
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Issuer:     Amerant Bancorp Inc. (AMTB)
CIK:        0001734342
Form:       8-K
Filed at:   2024-11-08T23:59:59+00:00
Accession:  0001734342-24-000061
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.65
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Amerant Bancorp completes $573.9M deposit, $479.2M loan sale to MidFirst Bank
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- Sale of Houston banking operations and six branches closed November 8, 2024.
- Transaction includes $573.9 million in deposits and $479.2 million in loans.
- CEO Jerry Plush says sale lets Amerant focus on accelerating Florida growth.
- MidFirst Bank (Oklahoma City) acquired operations; financial terms not disclosed.
- Stephens Inc. advised Amerant; Raymond James advised MidFirst Bank.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1734342/000173434224000061/0001734342-24-000061-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1734342/000173434224000061/amtb-20241108.htm
  HTML page:      https://secwatch.observer/filing/0001734342-24-000061

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer