Alan Kline

International Bancshares Inc. in Laredo, Texas, said Tuesday that its third-quarter profit fell 10% from the same period in 2010, to $27.3 million, as a drop in loan volume led to a decline in interest income. The company's earnings per share fell 11%, to 40 cents, in line with an analyst's estimate.

Embattled BankAtlantic Bank in Fort Lauderdale, Fla, has given up its fight to remain independent. The thrift's parent, B.ankAtlantic Bancorp, announced early Tuesday that it has struck a deal to sell the $3.8 billion-asset unit to BB&T.

Old National Bancorp in Evansville, Ind., posted on Monday third-quarter earnings of $16.8 million, up 41.2% from a year ago, due to strong revenue growth.

After three straight years of losses, Citizens Republic Bancorp Inc. in Flint, Mich., reported its second-straight profitable quarter for the three months that ended Sept. 30, thanks largely to improved asset quality and a double-digit increase in commercial and industrial loans.

Aided by a recent acquisition and its investment in new branches, WSFS Financial Corp. in Wilmington, Del., reported a profit of $6.8 million, or 70 cents per share, in the third quarter, handily beating consensus analysts' estimates.

Many failed and open banks will be up for grabs across the South, the company says.

Aided by a sharp drop in problem loans, Synovus Financial Corp. in Columbus, Ga., reported a third-quarter profit of $15.7 million — its first quarterly profit in more than three years.

Sterling Financial Corp.'s shares jumped 11% Wednesday, to close at $15.02, after the once-embattled Spokane, Wash., company reported its highest quarterly profit in nearly four years.

Buoyed by solid loan growth and strong gains in fee income, BOK Financial Corp. in Tulsa, Okla., reported a third-quarter profit of $85.1 million, up 32% from the same period last year.

Fast-growing Berkshire Hills Bancorp Inc. in Pittsfield, Mass., is expanding into Connecticut with a deal to acquire the Connecticut Bank and Trust Co. in Hartford for $30 million in cash and stock.

BancorpSouth Inc.'s shares plunged Tuesday after the Tupelo, Miss., company reported an increase in problem loans and Moody's Corp. downgraded its credit rating.

West Coast Bank in Lake Oswego, Ore., has been ordered by the Federal Deposit Insurance Corp. to improve oversight of its overdraft program and reimburse customers who incurred overdraft fees last year using their debit or ATM cards.

In a bid to raise fresh capital, ailing Waccamaw Bankshares Inc. in Whiteville, N.C., is selling eight of its branches in North Carolina and three in South Carolina to rival First Bancorp in Troy, N.C.

But the Green Bay, Wisc., bank is finding new loans and employees thanks to the sale of rival M&I, Flynn says.

Jack Barnes, the president and chief executive at People's United Bank in Bridgeport, Conn., said Thursday that $28 billion-asset has submitted an application to the OCC to switch from a federally chartered thrift to a national bank as part of a broader plan to bulk up in commercial lending.

Glacier Bancorp Inc. in Kalispell, Mont., said late Thursday that it intends to take a goodwill impairment charge of between $30 million and $35 million in the third quarter to reflect the recent decline in its market value.

Astoria Financial Corp.'s shares were down sharply at midday Thursday after the Lake Success, N.Y., lender reported a 48% drop in its third-quarter earnings.

TCF Financial Corp. said Thursday that its third-quarter earnings declined 14% from the same period last year, to $31.7 million, due largely to a sharp drop in fees earned on deposit accounts.

Elouise Cobell, a member of the Blackfeet tribe who founded the first Native-American-owned bank and later was the lead plaintiff in a multibillion-dollar lawsuit against the federal government, died Sunday at 65 of complications from cancer.

TCF Financial Corp. in Wayzata, Minn., has promoted its chief risk officer, Barry N. Winslow, to head of corporate development as part of a broad management realignment aimed at better competing in an increasingly challenging banking climate.