Loan Losses Swell at Ohio's PVF

PVF Capital in Solon, Ohio, cited a steep increase in its loan-loss provision in reporting that the net loss for its fiscal 4Q widened 192% from the year earlier, to $7.9 million.

Acquirer Impresses with Terms Won in Failure Buy

When it bought the failed bank and thrift units of Irwin Financial from the FDIC last week, First Financial managed to get terms so attractive that others are taking notice.

OTS Order, New CEO for an Ohio Thrift

The struggling Park View Federal Savings Bank of Solon, Ohio, must boost its capital levels by yearend, and it has a new chief executive officer on board to help.

Paperless Titles with VINtek

Lorain National Bank selected VINtek in December and began implementation earlier this year of the vendor's electronic lien and title technology.

Ohio's First Financial Was in Bad Place at Right Time

The $3.8 billion-asset First Financial missed out on the boom years, spending the middle part of the decade quitting unprofitable business lines and markets, and shedding employees.

Regulators Shut Five More Banks

July was worst month this year for failures

Regulators closed institutions in five states late Friday, bringing the year's toll to 69 and leaving the FDIC with almost $1 billion more in losses.

Park National of Ohio Profit Up 9.2%

Though its Florida bank unit continued to struggle, Park National in Newark, Ohio, earned $19.9M in the 2Q, a 9.2% increase from a year earlier.

Park National of Ohio Profit Up 9.2%

Though its Florida bank unit continued to struggle, Park National in Newark, Ohio, earned $19.9M in the second quarter, a 9.2% increase from a year earlier.

NB&T of Ohio Buying Community National

NB&T Financial Group Inc. in Wilmington, Ohio, has agreed to buy Community National Corp. in Franklin for $6.8 million in cash and stock.

Capital-Strapped AmTrust Makes a Second Branch Deal

First Place Financial of Warren, Ohio, has agreed to buy AmTrust's three branches in Lake County, along with $225 million of deposits and $160 million of mortgages.

Peoples of Ohio Gets Higher Offer

After being jilted by two would-be buyers, Peoples Community Bancorp of West Chester, Ohio, now finds itself in a position to pick partners — at least for its ...

Peoples of Ohio Pins Its Hopes on a Branch Deal

The critically undercapitalized Peoples Community Bancorp of West Chester, Ohio, might stave off failure with the deal it announced Monday to sell nearly all of its branches.

Ohio Thrift, in Peril, to Divest Branches

If a planned branch sale fails to satisfy regulators, Peoples Community Bancorp said in a SEC filing it "will not be able to continue as a going concern."

Viability Warning from Ohio Legacy

Ohio Legacy Corp., which is scrambling to raise capital or find a buyer, has joined the list of companies warning of possible failure.