State Coverage: Virginia
StellarOne Revised Loss 16% Wider
American Banker | Nov 11Its investments in bank stocks prompted StellarOne Corp. in Charlottesville, Va., to widen its third-quarter loss by 16%, to $9.4 million, or 41 cents a share.
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.
Central Virginia Bankshares Posts Loss
American Banker | Aug 12Central Virginia Bankshares in Powhatan said Tuesday that it swung to a loss of $255,943 in the second quarter, from a $909,577 profit the year earlier.
Hampton Roads Swings to Loss
American Banker | Aug 04Hampton Roads Bankshares in Norfolk, Va., swung to a loss for the second quarter, suspended its common share dividend and said it plans to offer stock.
Trust-Preferred Offer Could Be Hard to Refuse
American Banker | Jun 23In lieu of outright failure, Greater Atlantic Financial Corp. is preparing to sell itself to a PE firm. But before it can close the sale, Greater Atlantic must buy back the ...
De Novo's a No-Go? So Buy Instead
American Banker | Jun 15Xenith in Richmond, Va.'s new plan will require less capital than starting a bank from scratch and lets it take advantage of current lending opportunities a lot sooner than if it had waited to get a charter.
Skepticism Over Tarp Revamp for Small Banks
Cheyenne Hopkins and Robert Barba contributed to this story. | May 14As large institutions race to repay government capital, the Treasury Department is offering smaller ones another chance to take the money.
Virginia Bank Buying in North Carolina Again
American Banker | Apr 06First Community Bancshares Inc. of Bluefield, Va., plans to make its second acquisition in North Carolina in less than a year.
Virginia Banks Strike $27 Million Deal
American Banker | Apr 06Eastern Virginia Bankshares Inc. of Tappahannock said Friday that it has agreed to buy First Capital Bancorp Inc. of Glen Allen, Va., for $27 million in stock.
This Virginia Deal Stands Out in Otherwise-Dry Market
American Banker | Mar 31The deal announced Monday by Union Bankshares of Bowling Green, Va., to buy First Market Bank in Richmond for $105.4 million in stock is the largest of the year by far.
Genworth: Thrift Deal is On
American Banker | Jan 30Genworth Financial, a Richmond, Va., insurer seeking to qualify for government capital by acquiring a troubled Minneapolis thrift, said Thursday that the deal is still on.
CEO Steps Down at Troubled Millennium
American Banker | Jan 15Millennium Bankshares said Wednesday that Richard I. Linhart, who took the helm at the struggling company 18 months ago to help revive it, had resigned and would ...
Southern National Moves Unit
American Banker | Jan 06Southern National of Virginia said that it has moved its bank subsidiary's headquarters from Charlottesville to McLean and switched from a national to a state charter.
Going it Alone to Raise Trust-Preferred Capital
American Banker | Dec 19Peter Benoist, the president and CEO of Enterprise Financial Services, said his company chose the trust-preferred route because a stock offering would have been too dilutive, given the current stock price.
A Deal Dies, and Seller's Outlook Dims
American Banker | Dec 18Greater Atlantic Financial's deal to sell itself to Summit Financial Group in Moorefield, W.Va., has fallen through — again — apparently done in this time ...
More Virginia News
- GSE Hit Sends Publicly Traded Thrift into a Mutual's Hands
- Blank-Check Firm's $400 Million Offer Hinges on CRE Pledge
- Small-Bank Woes Reverberate for Bankers' Banks
- Banks Eye Rescue Plan Over Market
- Signet Alums Planning Big Virginia Start-Up
- Chargeoff News Hurts StellarOne Shares
- Gateway Raises Capital in Share Sale
- Erosion of GSE Holdings Forces Second Bank to Sell
- Capital Goal Is Hit, and Then Some
- First Community Buying Coddle Creek
- Nonperformers Grow at Virginia Commerce
- Vineyard's Ex-CEO Tweaks Director Slate
- Imperial Savings Told to Sell Itself
- New Price Let Summit of West Virginia Reach New Deal
- Summit Rekindles a Virginia Deal
