Gateway Bank, which has narrowed its losses under new CEO Mukhtar Ali, hired a team of residential-construction lenders to speed its return to profitability.

Supporters of mutual banks are lining up behind a proposed regulatory overhaul. The Fed's plan would make it easier for depositor-owned banks to raise capital.

A portfolio review initiated by BCB Bancorp's new CEO, Tom O'Brien, led to a spike in nonaccrual loans at the Bayonne, New Jersey-based bank.

A recipe of no securities, mostly adjustable-rate loans and a cheap rural deposit base made the Texas bank the top performer in the $2 billion-$10 billion asset class.

"Increase Bank is the bank I needed at Stripe," CEO Darragh Buckley said as he announced the rebrand of a community bank he acquired last year.

Coastal Financial in Everett, Washington, is reshuffling its management team and abandoning an expansion plan. On Thursday, the bank reported a nearly $69 million credit expense sparked by a fintech partner's deteriorating financial condition.

Community banks have long been reliant on — and constrained by — a handful of core-banking technology vendors. But enterprise artificial intelligence licenses offer the chance to transcend those limitations.

The Denver-based bank scaled back its estimate of tangible-book-value dilution resulting from the First Foundation deal to 10%, down from the 14% figure projected in October.

More than two dozen community banks submitted letters to the Federal Reserve expressing concern that its proposed "skinny" payment account framework could put them at a competitive disadvantage.

The policies most community banks rely on for cyber liability, fidelity bonds and directors and officers insurance are full of overlapping exclusions, restrictive coverage sublimits and vague specifications. That can become an expensive problem.

Climate First Bank's fast-growing loan portfolio is creating the need for additional funding. In response, the Florida bank is rolling out a checking account that pays a high yield and also sends money to a nonprofit organization chosen by the customer.

Bankers largely agree that there should be reforms, but don't agree on which ones; plus, our second batch of best-performing banks.

In American Banker's ranking of banks with the strongest metrics, here is this year's list in the $2-$10 billion range, based on data from Capital Performance Group.

The House Financial Services Committee's Republican majority backed slower funds availability and declined to shift authorized-scam losses onto banks.

Optus Financial in South Carolina will acquire M&F Bancorp in North Carolina in a deal that's set to create one of the largest Black banks in the United States.

An OpenAI program managed to escape its sandbox, go out on the web and find another AI platform, and hack it. Not even OpenAI expected that.

The planned acquisition of Finward Bancorp would bolster the Ohio bank's growing Chicago-area franchise, creating a platform big enough to support an organic buildout.

The new Main Street Capital Access Act includes a provision that lowers the regional Federal Reserve banks' discretionary surplus, as well as a number of technical changes that committee aides hope will pry loose a few more Democratic votes.

The new law's reciprocal and custodial deposit provisions recognize what the evidence has shown for two decades. They should spur, not substitute for, the broader work of protecting America's depositors.

Bank7 CEO Tom Travis told analysts the court-ordered auction for a 71% stake in Century Bank should open in August.