State Coverage: Delaware
Fee Income Drives Profits at WSFS
American Banker | Oct 28Aided by a recent acquisition and its investment in new branches, WSFS Financial Corp. in Wilmington, Del., reported a profit of $6.8 million, or 70 cents per share, in the third quarter, handily beating consensus analysts' estimates.
WSFS Sweetens Loan Terms for Job Creators
American Banker | Sep 29WSFS Financial Corp. in Wilmington, Del., said Thursday that it has created a loan program in which it will offer discounted rates to small businesses that use the funds to create jobs.
WSFS in Delaware Hires Former Harleysville CEO for Wealth Role
American Banker | Sep 19WSFS Financial Corp. in Wilmington, Del., has hired Paul D. Geraghty as its chief wealth officer.
WSFS Establishes Advisory Board to Help Boost Trust Business
American Banker | Jul 15Aiming to increase its trust assets under management, WSFS Financial has formed a seven-member advisory board to help it better serve existing clients and identify new ones.
Wilmington Trust Investors OK Sale
American Banker | Mar 23Wilmington Trust Corp. said Tuesday that a majority of its shareholders approved the company's sale to M&T Bank Corp. in Buffalo, N.Y.
The Bancorp Sets Offering Price
American Banker | Mar 03The Bancorp Inc. in Wilmington, Del., announced the pricing for a common stock offering designed to raise $50.3 million.
Delaware Company Raising $50M
American Banker | Feb 28The Bancorp Inc. in Wilmington, Del., said Monday that it is trying to increase its equity by $50 million.
Wilmington Trust Unit Has Reg Order
American Banker | Feb 24Wilmington Trust Corp. said Thursday that a unit has entered into a supervisory agreement with regulators requiring it to boost capital and reduce bad loans.
Incorporating in Maryland a Low-Cost Option for Banks
American Banker | Jan 04Maryland is trying to make a bigger name for itself with lenders pinching every penny they can, by promoting its lower taxes and better protection for directors.
For Some Community Banks, a Sale May Be the Only Way Out of Tarp
American Banker | Dec 30Several banks rushed to repay investments under Tarp in December, but hundreds head into the new year desperate for an exit strategy, even if it means selling.
WSFS Acquires Small Bank in Delaware
American Banker | Dec 07WSFS Financial Corp. in Wilmington, Del., has announced its purchase of a bank from National Penn Bancshares Inc. in Boyertown, Pa.
Two Stock Offerings Announced
American Banker | Aug 02Two Middle Atlantic companies, WSFS Financial in Wilmington, Del., and First Commonwealth Financial in Indiana, Pa., are seeking to bolster their common equity.
WSFS to Buy a National Penn Unit for $34.5 Million
American Banker | Jun 24WSFS Financial in Wilmington, Del., announced an agreement Thursday to acquire Christiana Bank & Trust from National Penn Bancshares for $34.5 million.
WSFS in Delaware Files Shelf Registration
American Banker | Jun 10WSFS Financial Corp. in Wilmington, Del., is preparing to raise as much as $150 million in fresh capital.
Regulators Shut Banks in Delaware, Ohio and Georgia
American Banker | Mar 19Regulators closed three banks Friday, including the largest bank subsidiary of bankrupt Advanta Corp., to bring the year's failure toll to 33.
