Alan Kline

EverBank Financial (EVER) in Jacksonville, Fla., reported strong loan growth in its first quarter as a publicly traded company but expenses related to organic growth, recent acquisitions and a nationwide marketing campaign dragged down its overall earnings.

Hudson City Bancorp (HCBK) has historically held on to the mortgage loans it originates, but it will soon start selling some of those loans on the secondary market in an effort to boost its profits.

Trustmark Corporation in Jackson, Miss., said its second-quarter earnings fell 3% from the same period last year, to $29.3 million, as improved credit quality could not offset declines in fee income and total loans.

Provident Bank in Montebello, N.Y., has recruited another team of lenders away from a rival bank as part of its broad plan to boost its commercial lending in the New York City area.

S&T Bancorp's second-quarter profit fell 36% from the same quarter last year, to $8.6 million, as gains in fee income could not offset narrowing margins and an uptick in problem loans.

Strong gains in fee income combined with improved asset quality powered West Coast Bancorp in Lake Oswego, Wash., to a $6 million profit in the second quarter, up 30% from the same period in 2010.

Metro Bancorp (METR) in Harrisburg, Pa., reported its most profitable quarter in nearly four years in the three months that ended June 30 as the company saw a modest increase in loans and revenues and continued to reduce its overhead.

First Horizon National (FHN) in Memphis said Friday that it lost close to $125 million in the second quarter after it bought back scores of soured mortgage loans from Fannie Mae and Freddie Mac.

TCF Financial's bid to reinvent itself as a nationwide specialty lender is showing early signs of success.

Profits at First Republic Bank (FRC) fell slightly in the second quarter as the San Francisco company took a one-time charge related to a stock repurchase and added more staff and locations to support its growth.

Northern Trust (NTRS) in Chicago said Wednesday that its second-quarter profit rose 18% from the same period last year, to nearly $180 million, as fees from trust, investment and other services reached their highest levels in four years.

Nearly all senior citizens and others who receive monthly Social Security benefits on government-issued debit cards are satisfied with their cards and would recommend them to other seniors who are still receiving paper checks, a new survey has found.

A group of investors led by Yahoo co-founder Jerry Yang has agreed to invest $4.8 million in a Redwood City, Calif., payments network that lets use retailers' gift cards to buy goods and services from other merchants.

Out-of-work Ohio residents whose unemployment payments are loaded onto prepaid cards will no longer be able to use their cards when their balances fall below zero.

Fifth Third Bancorp (FITB) announced Monday that it has hired former JPMorgan Chase (JPM) executive Chad Borton as its new head of retail banking.

Frederick County Bancorp in Frederick, Md., said Friday that its second-quarter earnings rose nearly 140% from the same period last year, to $448,000, due to improved credit quality and sharply lower deposit costs.

Wayne Savings Bancshares (WAYN) in Wooster, Ohio, is exiting the trust business and transferring its $40 million of trust assets to Thomasville Bancshares in Georgia.

In a recent survey conducted by the American Customer Satisfaction Index, only one bank — Bank of America (BAC) — was ranked among the top 15 most-hated companies and, for the second straight year, no banks ranked among the top 10.

An investment management firm now owned by Wells Fargo (WFC) has agreed to pay $25 million to settle claims that it misled investors about the makeup of a mutual fund it once marketed.

Solera National Bank in Lakewood, Colo., has been freed from a consent order under which it had been operating for more than two years.