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Paul Davis

Recent Stories from This Author

A 'Road Map' Around Rate Risks, Courtesy of the Chicago Fed Chief
September 28, 2016 ST. LOUIS Risk management is critical as small banks aim to make money in a low-rate environment.

Hope Bancorp in Calif. to Close Branches in Cost-Cutting Push
September 26, 2016 The $13 billion-asset company, formed by the merger of BBCN Bancorp and Wilshire Bancorp, said in a press release Monday that...

Rural-Urban Divide: Banking's Biggest Problem?
September 26, 2016 Technology? Bankers can keep up. New regulations? We've got people to handle that. But how to account for the flight of...

OFG Bancorp Reports Sale of Troubled Puerto Rican Loan Participation
September 20, 2016 OFG Bancorp in San Juan, Puerto Rico, has sold its bank's participation in a line of credit to the Puerto Rico Electric Power...

The Bancorp to Sell HSA Accounts to UMB Financial
September 20, 2016 The Bancorp in Wilmington, Del., has agreed to sell a portfolio of health savings accounts to UMB Financial in Kansas City,...

Patriot National in Conn. to Restate 2Q Results Over Loan Issue
September 19, 2016 Patriot National Bancorp in Stamford, Conn., disclosed in a regulatory filing that it will increase its loan-loss reserve for...

Key Heritage Commerce Investors Convert to Common Stock
September 14, 2016 Two big investors in Heritage Commerce have converted some of their ownership in the San Jose, Calif., company to common stock.

Bank Associations Take Lead Energizing Next-Gen Bankers
September 12, 2016 Groups in North Carolina, Pennsylvania and elsewhere are stepping up efforts to create programs and conferences dedicated to...

United Community to Buy Ohio Legacy
September 8, 2016 United Community Financial in Youngstown, Ohio, has agreed to buy Ohio Legacy Corp. in North Canton for $40.3 million, or $18...

Group Formed to Buy Trenton Bankshares in Texas
September 8, 2016 Captex Bancshares, which has been created by George Lea and Michael Thomas Jr., has an agreement to buy the $165 million-asset...

AltaPacific to Buy Commerce Bank of Temecula Valley in Calif.
September 6, 2016 AltaPacific Bancorp in Santa Rosa, Calif., has agreed to buy Commerce Bank of Temecula Valley in Murrieta, Calif.

Suncrest Bank to Buy Security First in California
September 2, 2016 Suncrest Bank in Visalia, Calif., has agreed to buy Security First Bank in Fresno for $18 million in cash and stock.

'Not Just a Big-Bank Problem': Regulators Talk Cybersecurity
September 1, 2016 With even community banks getting hit by ransomware attacks, there's a long list of cybersecurity practices that bankers can...

Anchor in Wash. Appoints Activist's Representative to Board
September 1, 2016 Anchor Bancorp in Lacey, Wash., has agreed to name a new board member in exchange for a truce with an activist investor.

John Kanas to Step Down as BankUnited Chief
August 31, 2016 John A. Kanas will step aside as president and chief executive of BankUnited on Jan. 1, the Miami Lakes, Fla., company...

National Commerce to Buy Private Bancshares in Atlanta
August 31, 2016 National Commerce in Birmingham, Ala., has agreed to buy Private Bancshares in Atlanta.

How Two Expense Reports Cost a Bank's Shareholders $2.5M
August 31, 2016 A breakdown in internal controls at Bank of Princeton almost killed a deal to sell the company to Investors Bancorp.

Stonegate to Buy Insignia Bank in Fla. for $37M
August 25, 2016 Stonegate Bank in Pompano Beach, Fla., has agreed to buy Insignia Bank in Sarasota, Fla.

First Defiance to Buy Commercial Savings Bank in Ohio
August 24, 2016 First Defiance Financial in Defiance, Ohio, has agreed to pay $63 million for Commercial Bancshares, the $342 million-asset...

Synovus in Ga. to Buy Specialty Finance Firm
August 18, 2016 Synovus Financial in Columbus, Ga., has agreed to buy Entaire Global Companies in Atlanta.

Will Tech Advances Hurt the Underbanked?
It's long been assumed that technology will help the financially underserved access the banking services they need. Christine Duhaime, founder of the Digital Financial Institute, a fintech think-tank, says this assumption is wrong.
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