Alan Kline

Old National Bancorp in Evansville, Ind., announced Friday that it is shuttering nine of the 52 branches it inherited when it took over the failed Integra Bank and will move the accounts to nearby offices.

Two more community banks have exited the Treasury Department's Troubled Asset Relief Program with loans they received from another government fund designed to encourage small-business lending.

A small Silicon Valley bank that lends primarily to technology startups has opened a lending office in incubator space in Boston.

First Busey Corp. in Champaign, Ill., has received $72.6 million from the Small Business Lending Fund, the largest award to date since the Treasury Department began disbursing funds to community banks last month.

The New York Stock Exchange has warned Flagstar Bancorp Inc. that its stock is in danger of being delisted because it has traded at an average of less than $1 for 30 consecutive days.

Broadway Financial in Los Angeles is planning to close two of its five branches as part of a broader plan to trim overhead and preserve capital.

Bank of America Corp.'s stock is poised for a rebound Thursday morning on news that Warren Buffet's Berkshire Hathaway is investing $5 billion in the company.

Analysts Richard Bove and Meredith Whitney said B of A is not in a capital crisis. Meanwhile, the company is fighting back against critics and calling merger specualtion "baseless."

City Holding Co. in Charleston, W.Va., said Tuesday that it has agreed to pay $3 million to settle a class-action suit in which depositors accused the $2.7 billion-asset company of improperly assessing overdraft fees.

First BanCorp's bid to raise more than $560 million of fresh capital hit a snag this week after the San Juan, P.R., company failed to obtain enough shareholder votes to proceed with its plan to issue 150 million of new shares.

Continuing its aggressive expansion in the Southeast, Renasant Corp. in Tupelo, Miss., has set up shop Tuscaloosa, Ala., and brought in two former BB&T Corp. to build up its customer base there.

TD Bank has hired 15 new employees at its Lexington, S,C., operations center and intends to add 20 more to support its growth along the East Coast.

Community groups in California are protesting Capital One Financial Corp.'s planned acquisition of ING Direct, saying the banks have done little to help low-income communities in a state that has accounted for a large chunk of their profits.

Community groups in California are protesting Capital One Financial Corp.'s planned acquisition of ING Direct, saying the banks have done little to help low-income communities in a state that has accounted for a large chunk of their profits.

American Express Co. has launched a new business credit card that places further emphasis on ad spending. The new card builds on Amex's recent efforts to attract small-business owners through their online advertising.

Rockland Trust Co. in Massachusetts has hired a team of asset-based lenders away from Webster Bank of Waterbury, Conn.

WSFS Financial Corp. in Wilmington, Del., has named a former executive at rival Wilmington Trust Corp. to a key management position.

A small mutual thrift in Maryland has won approval from state and federal regulators to convert to a publicly traded company.

Dearborn Bancorp in Michigan may need to restate its earnings for the quarter that ended June 30 pending the results of its latest examination by the Federal Deposit Insurance Corp.

Royal Bank of Canada in Toronto said Friday that it expects to take a $1.6 billion loss in the third quarter relating to the pending sale of its U.S. banking operations.