State Coverage: Pennsylvania
VIST Financial Revises Results
American Banker | Nov 11Because of accounting errors, VIST Financial Corp. in Wyomissing, Pa., is revising its results for the past four quarters.
Metro Swings to Loss, Gets Capital Infusion
American Banker | Oct 28Metro Bancorp swung to a $490,000 loss in the third quarter, but said it plans to use the $77.9M of capital it just raised to complete its pending acquisition of Republic First and ...
Two Suitors Despite Host of Problems
American Banker | Oct 15Most struggling bank companies are clamoring for someone, anyone willing to help, but Patriot National Bancorp of Stamford, Conn., is sizing up its suitors.
Fiserv to Sell Loan Fulfillment Unit
American Banker | Sep 29The financial technology company Fiserv Inc. announced Monday that it has agreed to sell its Loan Fulfillment Solutions unit to ISGN Corp. of Bensalem, Pa.
CEO to Buy Out Pa.'s Royal Asian Bank
American Banker | Sep 29The president and chief executive officer of Royal Asian Bank in Philadelphia is leading a group of investors that struck a deal to buy it.
Metro Offering Tied to Its Republic Deal
American Banker | Sep 22Metro Bancorp in Harrisburg, Pa., plans to sell $75M of its common stock, in an offering that could help smooth its pending acquisition of Republic First Bancorp in Philadelphia.
Capital Plans Mull U.S. Repay
American Banker | Sep 09At least two community banking companies announced plans Tuesday to raise capital, some of which may be used to repay government capital.
NCUA Seizes Pennsylvania Credit Union
American Banker | Sep 01The National Credit Union Administration seized the tiny Free Choice Federal Credit Union in Philadelphia on Friday, bringing the number of credit union failures this year to 12.
Mutual Conversion Outlook Brightening
American Banker | Sep 01Only three mutual thrifts have succeeded in going public so far this year, but the conversion market is starting to pick up, with two large deals on the way.
Parsing Pennsylvania Deal's Unusually Long Delay
American Banker | Aug 19The proposed merger of two Pennsylvania companies with ties to Vernon W. Hill 2nd has been touted as the second coming of Commerce Bank. But more than nine months on, regulators have yet to bless the deal.
Pennsylvania's New Century Sets Warehouse Push
American Banker | Jul 28Under Jay Sidhu, the former chairman and CEO of Sovereign Bancorp, New Century Bank, plans to launch an aggressive mortgage warehouse lending initiative.
First Niagara Continues Pennsylvania Push
American Banker | Jul 28First Pittsburgh. Now Philadelphia. And New York's First Niagara Financial Group says there's more to come.
F.N.B Profit Down, But Progress in Florida
American Banker | Jul 27F.N.B. Corp. in Hermitage, Pa., said Friday it made progress on reducing its troubled Florida loans.
S&T Shares Slip on Spike in Chargeoffs
American Banker | Jul 21S&T Bancorp in Indiana, Pa., said it swung to a $10.2M loss in the second quarter, from a $13.9 million profit a year earlier, mostly because chargeoffs spiked to ...
Sidhu's Back, But Insists He Has a Different Playbook
American Banker | Jun 22As Jay S. Sidhu takes the helm of a small bank in the Philadelphia suburbs, he aims to recreate some of what he achieved at Sovereign Bancorp Inc.
More Pennsylvania News
- Sidhu to Oversee New Century of Pennsylvania
- S&T Lowers Dividend, Cites Infusion
- OTS Orders Pittsburgh Thrift to Raise Capital
- Pa. Commerce Provision Up, Profit Down
- Susquehanna Profit Drops on Provision
- As 1Q Profit Shrinks, Fulton Cites Bright Spots
- Capmark Abandons Bank Holding Bid
- Two Pennsylvania Mutuals Disclose a Merger Deal
- First Commonwealth Provision Up
- Fulton Posts $102 Million Loss
- 4Q Loss Projection Hurts F.N.B.
- Mid Penn: Two Big Charges Coming
- Small-Bank Fund Isn't Interested in Fixer-Uppers
- Chemung of New York Buying in Pennsylvania
- A Pennsylvania Save, Funded by Tarp