Recent Stories From this Author
Valley National Benefited from Loan Rush Late in Quarter
October 30, 2014 Valley National Bancorp in Wayne, N.J., reported higher earnings driven by loan growth, lower costs and improvements in credit...
Park Sterling's Profit Falls as Merger Costs Overshadow Loan Growth
October 30, 2014 Park Sterling in Charlotte, N.C. reported lower quarterly earnings as integration costs for a recent acquisition overshadowed...
BBCN Adds Three Directors with Broad Experience
October 29, 2014 BBCN Bancorp in Los Angeles has added three directors, including a consultant well-versed in anti-money laundering regulation.
New Hampshire Thrift Bancshares to Raise $17M from Private Placement
October 29, 2014 New Hampshire Thrift Bancshares in Newport has raised $17 million by issuing subordinated debt to certain investors.
Sterling Bancorp in N.Y. Reports Efficiency Boost from M&A
October 29, 2014 Sterling Bancorp in Montebello, N.Y., realized a big efficiency gain after a major acquisition.
Cullen/Frost Reports Improved Earnings on Better Credit
October 29, 2014 Cullen/Frost Bankers in San Antonio reported increased quarterly earnings that reflected a significant reduction in credit...
First Citizens in N.C. Reports Lower Profit on Higher Expenses
October 28, 2014 First Citizens BancShares in Raleigh, N.C. reported a significant decline in quarterly earnings due to a higher loan-loss...
Flushing Financial's Profit Jumps on MBS Sales
October 28, 2014 Flushing Financial in Lake Success, N.Y., reported higher quarterly earnings driven by securities gains and improved asset...
Independent Bank in Michigan Reports Lower Earnings on Margin Pressure
October 27, 2014 Independent Bank in Ionia, Mich., reported lower quarterly earnings due to margin pressure and a significantly higher tax...
First Connecticut's Earnings Soar on Loan Growth
October 24, 2014 The $2.4 billion-asset company's earnings tripled from a year earlier, to $2.5 million in the third quarter. Earnings were up...
Enterprise Financial Reports Lower Profit on Margin Compression
October 24, 2014 Enterprise Financial Services in St. Louis reported lower quarterly earnings on a narrower net interest margin.
Chemical in Mich. Turns 11% Loan Growth into Higher Profit
October 23, 2014 Chemical Financial in Midland, Mich., reported a higher profit thanks to double-digit loan growth and credit-quality...
CVB Financial Posts Higher Earnings Following Acquisition
October 23, 2014 CVB Financial in Ontario, Calif., reported a slight uptick in third-quarter earnings after loans and expenses increased from...
Acquisitive State Bank in Atlanta Sees Higher Loans, Deposits
October 23, 2014 State Bank Financial in Atlanta more than doubled quarterly earnings on gains from acquisitions and noninterest income.
Union Bancshares in Va. Doubles Profit on StellarOne Acquisition
October 22, 2014 Union First Market Bankshares in Richmond, Va., is seeing the benefits of its acquisition of StellarOne in Charlottesville, Va.
Melrose in Massachusetts Raises $2.7M, Completes Conversion
October 22, 2014 Melrose Bancorp in Massachusetts has completed its mutual-to-stock conversion.
First Midwest's Earnings Fall 37% on Acquisition Costs
October 22, 2014 First Midwest Bancorp in Itasca, Ill., reported a significant decline in quarterly earnings on costs tied to two acquisitions.
Loan Growth Boosts Profit at Customers in Pennsylvania
October 21, 2014 Customers Bancorp in Wyomissing, Pa., reported higher quarterly earnings as higher revenue offset a spike in expenses.
Washington Trust's Profit Rises on Loan Growth, Lower Expenses
October 21, 2014 Washington Trust Bancorp in Westerly, R.I., reported increased profitability that reflected balance sheet growth and lower...
Bank of Marin's Profit Rises on Acquisition, Organic Growth
October 20, 2014 Bank of Marin Bancorp in Novato, Calif., reported a significant increase in quarterly profit following an acquisition and...
This feature displays payments industry news and analysis from American Banker sibling brand PaymentsSource. Registration is required; for more information contact customer service.