Alan Kline

The management at Anchor BanCorp Wisconsin Inc. is hoping that another quarter of shrinking losses will bolster its case for attracting fresh capital.

Pacific Western Bank in Los Angeles has hired Linda Nahra, the former chief executive at Community West Bank in Goleta, Calif., as a regional president.

FNB United in Asheboro, N.C., has finished raising the $310 million of capital it needs to move forward with its plan to acquire another North Carolina bank.

Richard Lashley, an activist investor known for pressuring underperforming banks to find buyers, has won a seat on the board of BCSB Bancorp Inc. in Baltimore.

Premier Financial Corp. in Huntington, W.Va., has received permission from the Federal Reserve Board to once again start paying down its debt to the U.S. Treasury Department.

In an otherwise down day for bank stocks, shares of Old National Bancorp rose sharply Monday after the Evansville, Ind., company reported strong earnings for the second quarter and added dozens of new branches with its acquisition of a failed bank.

Coming off the best quarter in its 101-year history, German American Bancorp in Jasper, Ind., appears to be readying itself for expansion.

First Data said it would refer its bank and credit union clients to IronKey for software to protect users from fraud when banking online.

OmniAmerican Bancorp Inc. in Fort Worth, Tex., said Monday that its net income for the second quarter more than doubled from a year earlier, to $1.2 million, due largely to lower deposit costs and 20% increase in interest-earning assets.

The Federal Deposit Insurance Corp. has ordered three community banks hobbled by losses on real estate loans to raise fresh capital or merge with other banks.

Battered by loan troubles, Princeton National Bancorp Inc. Illinois announced after markets closed Friday that it lost $2.9 million, or 88 cents per share, in the quarter that ended June 30.

West Coast Bancorp in Lake Oswego, Ore., reported a profit of $4.6 million in the second quarter, a vast improvement over the same period last year, but a bit of a letdown when compared with this year's first quarter.

In its second full quarter as a 100% stock-owned company, Capitol Federal Financial Inc. in Topeka reported earnings of $17.3 million, an increase of 11% over the same period in 2010.

Fueled by strong loan growth and improved expense control, Investors Bancorp Inc. in Short Hills, N.J., reported a profit of $19.6 million in the second quarter, up 28% from the same period last year.

Porter Bancorp Inc. in Lousville, Ky., reported a loss of $39 million in the second quarter after it wrote off scores of problem loans and took a hefty impairment charge to reflect its declining market value.

Buoyed by improving asset quality, National Penn Bancshares reported earnings of $23.3 million in the second quarter, compared to a loss of $5.5 million in the same period last year.

Cascade Bancorp in Bend, Ore., announced this week that President and Chief Executive Officer Patricia L. Moss has notified its board that she intends to retire in July of next year.

Bolstered by its acquisitions of two failed banks, Columbia Banking System Inc. in Tacoma, Wash., said Thursday that it earned $8.6 million in the second-quarter, an increase of 119% from the same period last year.

Aided by growth in its residential mortgage portfolio, Valley National Bancorp in Wayne, N.J., reported a profit of $36.9 million in the second quarter, up 12% from the same period last year.

Tennessee Commerce Bancorp has come up with a novel solution for settling a past-due loan made to another bank holding company: forgive the loan and take control of the borrower's two subsidiary banks.