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American Banker - On Focus and In Depth

Saturday, November 21, 2009, as of 03:36 AM EDT

State Coverage: Tennessee

Tennessee's Green Bankshares Rejects Unsolicited Capital Offer

American Banker | Nov 11

Green Bankshares said "no thanks" to a major shareholder's unsolicited offer to inject up to $40 million of fresh capital into the company so it can buy failed banks.

Silverton's Impact? Let Us Count the Ways …

Bonnie McGeer contributed to this story. | May 05

Pinnacle Financial Partners Inc. in Nashville announced Friday evening that it would write off $21.55 million on a loan to Silverton's holding company.

Tennessee Bank Expanding in a Small-Business Niche

American Banker | Feb 27

Hoping to capitalize on the departure of competitors, Tennessee Commerce is stepping up its nationwide business of financing equipment purchases for small companies.

Tennessee Bank Expects 4Q Loss — $16M?

American Banker | Jan 02

In a press release issued late Tuesday, Stan Puckett, the chairman and chief executive officer of the company, attributed the projected loss to continued housing market weakness.

GSE Hit Sends Publicly Traded Thrift into a Mutual's Hands

American Banker | Dec 09

With its capital depleted by heavy losses in its loan and investment portfolios, Service Bancorp in Medway, Mass., is selling itself to one of its competitors.

Switching Sides in Trust Preferreds

American Banker | Oct 21

Few investment banks know the trust-preferred securities market as well as FTN Midwest Securities; since 2001 the First Horizon National unit has structured more than 30 ...

Who's Attracting Capital? Those Who Don't Need It

American Banker | Oct 07

Banking companies that do not need capital are having the easiest time raising it, and in some instances they are raking in far more than they initially requested.

Tennessee Commerce Hires CFO

American Banker | Aug 01

Tennessee Commerce Bancorp in Franklin said Thursday that it has hired Frank Perez as its chief financial officer.

Tennessee Commerce Sued by Whistle-Blowing Ex-CFO

American Banker | Jul 23

Tennessee Commerce Bancorp in Franklin is being sued by its former chief financial officer, who claims he was fired for alerting regulators to possible misconduct ...

Nashville's Pinnacle to Raise $36M

American Banker | Jul 21

Pinnacle Financial Partners of Nashville said Friday that it plans to raise $36.5M in capital to support its growth. The company said it would sell 1 million shares …

Green of Tennessee Off 79%

American Banker | Jul 21

Green Bankshares of Greenville, Tenn., said Friday that its 2Q earnings fell 79% from a year earlier, to $1.5M, as a result of a sharp increase in nonperforming …

Tennessee's University Card-Solicitation Law Toughest One Yet

American Banker | Jun 06

Other states have placed limits, but this one bans almost all on-campus solicitations at public universities and colleges.

Tennessee Commerce Fires Its CFO

American Banker | May 07

Tennessee Commerce in Franklin said in a Tuesday SEC filing that it has fired its CFO, George W. Fort, about two months after putting him on paid leave.

Pinnacle's Earnings Up, But EPS Down

American Banker | Apr 16

Pinnacle Financial Partners of Nashville said its 1Q earnings rose 8.3% from a year earlier, to $6.1 million, though earnings per share declined 23.5%, to 26 cents.

Tennessee's Bank of Fayette Defends Growth Strategy

American Banker | Apr 11

In the six years since H. McCall Wilson became the president and CEO of Bank of Fayette County, his aggressive growth strategy has attracted some critics.