Allison Prang is a reporter for American Banker, where she writes about community banks. Before joining the Banker in 2016, she was a business reporter for The Post and Courier, a daily paper in Charleston, South Carolina. Her work has also appeared in The Wall Street Journal, Bloomberg News, The Kansas City Star and The Indianapolis Star, among other publications. She graduated from the University of Missouri's journalism school.
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A double-digit increase in the size of the Connecticut company's commercial book factored heavily into its improved second-quarter results.
July 21 -
The size of the Louisiana company's loan portfolio increased by 6% from a year earlier, helping offset weaker noninterest income.
July 21 -
The company's results benefited from its increased dealings in correspondent lending, while net chargeoffs tied to energy loans decreased during the second quarter.
July 19 -
The Mississippi company reported higher quarterly earnings despite ongoing energy challenges. Hancock also benefited from its April purchase of the failed First NBC Bank.
July 18 -
The FDIC is watching banks that use wholesale funds to support CRE lending. The warning comes as brokered deposit levels at community banks are at their highest level in nearly six years.
July 18 -
Several RBB Bancorp executives and directors, including CEO Alan Thian, will also sell a significant number of shares when the Los Angeles company goes public.
July 14 -
Bank of the Ozarks recently dissolved its holding company in a move that goes against modern banking strategy. There are, however, strong arguments for other institutions to follow the bank's lead.
July 12 -
The Arkansas bank bought C1 Financial in Florida and Community & Southern Holdings in Georgia last year.
July 12 -
ESSA Bank & Trust has successfully worked with a federal program that helps former prisoners in some eastern Pennsylvania towns get back into society, and it plans to expand the program to the Philadelphia market.
July 7 -
Lansing, Mich. is working with area financial institutions -- including a local credit union -- to open accounts for people coming out of prison.
June 30