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.
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Ailing Liberty Bank in West Des Moines, Iowa, is selling three more of its branches in its home state as part of an ongoing quest to trim overhead and bolster its capital levels.
By Alan KlineMay 4 -
Coming off a strong first quarter in which its profits more than tripled from the same period last year, Western Alliance Bancorp (WAL) in Phoenix may be looking to build up its war chest to keep the momentum going.
By Alan KlineMay 4 -
Five months after terminating its planned merger with one suburban Washington, D.C., bank, Alliance Bancshares in Chantilly, Va., has struck a deal to team up with another.
By Alan KlineMay 4 -
Coastal Banking Company in Beaufort, S.C., has become the latest community bank to take advantage of a new law that relieves small banks from the burden of filing financial reports with the Securities and Exchange Commission.
By Alan KlineMay 3 -
CenterState Banks (CSFL) in Davenport, Fla., is planning to merge its two subsidiary banks into a single bank as part of its ongoing effort to trim overhead and improve efficiency following its recent string of acquisitions.
By Alan KlineMay 3 -
M&T Bank's Wilmington Trust unit has hired four seasoned executives away from Wells Fargo Private Bank to help it grow its wealth management business in the Washington, D.C., and Richmond, Va., markets.
By Alan KlineMay 3 -
Continuing its aggressive expansion throughout the Southeast, Renasant Bank in Tupelo, Miss., is opening its first office in east Tennessee.
By Alan KlineMay 3 -
EverBank Financial in Jacksonville, Fla., reduced the size of its public offering again on Thursday, just hours before its shares began trading.
By Alan KlineMay 3 -
The Private Bank of California in Los Angeles is opening a new office in affluent — and crowded — Orange County and has hired three local bankers to manage the office and drum up business there.
By Alan KlineMay 2 -
Marking its official exit from the Troubled Asset Relief Program, Regions Financial (RF) in Birmingham announced Wednesday that it has repurchased the warrant it sold to the Treasury Department as part of the program.
By Alan KlineMay 2 -
In a move that could make its shares more attractive to potential investors, Popular Inc. (BPOP) in San Juan, Puerto Rico, is planning a reverse stock split in which shareholders would receive a single new share for each 10 shares owned.
By Alan KlineMay 2 -
Bryn Mawr Trust Company in Pennsylvania is expanding its banking operations into Delaware to go along with its wealth management business there.
By Alan KlineMay 2 -
EverBank Financial in Jacksonville, Fla., has reduced the size of its planned initial public offering, saying in an SEC filing it will offer 19.2 million shares to the public at $11 to $12 each, not the 12 to $14 each initially planned.
By Alan KlineMay 2 -
Bar Harbor Bankshares (BHB) in Maine has struck its first deal in its 125-year history, announcing late Tuesday that it is buying substantially all of the assets and deposits of Border Trust Company in Augusta.
By Alan KlineMay 1 -
Aided by a decrease in problem loans, improved expense control and robust mortgage-lending activity, Hampton Roads Bancshares narrowed its loss in the first quarter to $7.9 million from $21.4 million in the fourth quarter and $31.6 million the same period last year.
By Alan KlineMay 1 -
Continuing its rapid expansion throughout the Northeast, Berkshire Hills Bancorp (BHLB) in Pittsfield, Mass., said Tuesday that it has acquired Greenpark Mortgage Corporation of Needham, Mass.
By Alan KlineMay 1 -
Shares of Premier Financial Bancorp (PFBI) surged to a 52-week high Tuesday after the Huntington, W.Va., four-bank holding company reported a 69% increase in its first-quarter profit.
By Alan KlineMay 1 -
Flagstar Bancorp (FBC) reported another loss in the first quarter but its chief executive assured investors Tuesday that the Troy, Mich., company will return to profitability this year.
By Alan KlineMay 1 -
With strong ledgers and creative management, many commuity bankers are proving they can thrive despite greater regulatory hurdles and the ever-present threat of large banks.
By Alan KlineMay 1 -
CrossFirst Bank in Leawood, Kan., has agreed to acquire substantially all of the assets and deposits of Mercantile Bancorp's $110 million-asset Heartland Bank.
By Alan KlineApril 30

