Alan Kline is the former editor-in-chief of American Banker. Previously he oversaw its consumer finance and national/regional banking coverage. He also helped direct coverage of the annual Most Powerful Women in Banking rankings.
-
Illustrating the relative health of the nation's farm economy, small banks focused largely on agriculture lending continue to outperform more mainstream banks.
By Alan KlineMay 9 -
Looking to shore up its capital base, HomeStreet Inc. in Seattle is pursuing a public offering in which it hopes to raise up to $210 million.
By Alan KlineMay 9 -
Though analysts keep predicting that a wave of bank consolidation is coming, bankers themselves say there won't be much activity until sellers get real about their asking prices.
By Alan KlineMay 6 -
Though analysts keep predicting that a wave of bank consolidation is coming, bankers themselves say there won't be much activity until sellers get real about their asking prices.
By Alan KlineMay 6 -
The Government Accountability Office recommended that banking regulators and the new Consumer Financial Protection Bureau develop plans for regulating mortgage servicers ...
By Alan KlineMay 5 -
The acquisition of a 90.1% stake in Green Bankshares would be North American Financial's sixth since the holding company was created last year to buy failed or struggling banks.
By Alan KlineMay 5 -
Many have argued that competitive pressures and increased regulatory costs will force a wave of consolidation in the banking industry. On Thursday, a prominent banker made a stark prediction about how many institutions will survive the next decade.
By Alan KlineMay 5 -
The Charlotte, N.C., company announced Thursday that it is buying a 90.1% stake in the $2.4 billion-asset Green Bankshares in Greeneville, Tenn.
By Alan KlineMay 5 -
A week after revealing that a $23 million loss in the first quarter had dropped its equity below zero, BankAtlantic Bancorp Inc. in Fort Lauderdale, Fla., said late Monday that it is pursuing a stock offering in hopes of raising $30 million in fresh capital.
By Alan KlineMay 3 -
Bank of the Carolinas has entered into a consent order with state and federal regulators in which it agreed to improve its credit quality and maintain its "well-capitalized" status.
By Alan KlineMay 3 -
Banks often pull out all the stops to attract retailers as customers, but that doesn't mean they do such a great job of keeping them.
By Alan KlineMay 3 -
A week after revealing that a $23 million loss in the first quarter had dropped its equity below zero, BankAtlantic Bancorp Inc. in Fort Lauderdale, Fla., said late Monday that it is pursuing a stock offering in hopes of raising $30 million in fresh capital.
By Alan KlineMay 3 -
A sharp increase in problem loans dragged down Porter Bancorp's profits in the first quarter.
By Alan KlineMay 2 -
First Niagara Financial Group in Buffalo is planning to add 500 new jobs over the next five years to support its rapid expansion.
By Alan KlineMay 2 -
Buoyed by strong loan growth, North Jersey Community Bank earned a record $1.5 million in the first quarter, up nearly 175% from the same period last year.
By Alan KlineMay 2 -
First Commons Bank in Newton Centre, Mass., has raised $7.4 million of fresh capital that it intends to fund its expansion.
By Alan KlineMay 2 -
Electronic payments giant PayPal Inc. has acquired mobile-payments startup Fig Card Corp., PayPal said in a blog post Thursday.
By Alan KlineApril 29 -
Battered by problem loans, Tennessee Commerce said it lost $3.2 million in the first quarter. By comparison, the company earned $553,000 in the fourth quarter of 2010.
By Alan KlineApril 29 -
Amid weak demand for advances from member banks, total assets at the Federal Home Loan banks slipped to $848.7 million at March 31, down 3% from three months earlier.
By Alan KlineApril 29 -
Battered by problem loans, Tennessee Commerce said it lost $3.2 million in the first quarter. By comparison, the company earned $553,000 in the fourth quarter of 2010.
By Alan KlineApril 29
