Chris Cumming

First Horizon National (FHN) in Memphis, Tenn., boosted profits by cutting costs in the first quarter.

The Federal Deposit Insurance Corp. has lifted a regulatory order from Macatawa Bank (MCBC) in Holland, Mich.

Carver Bancorp (CARV) in New York will recruit out-of-work public-housing residents to work in its branches through a program funded by Morgan Stanley (MS).

First Niagara Financial Group (FNFG) in Buffalo, N.Y., generated higher earnings in its first quarter since the ouster of its chief executive.

TCF Financial Corporation (TCB) in Wayzata, Minn., missed analysts' first-quarter estimates as a service charges and fees declined.

Taylor Capital Group's quarterly profit rose as revenue from its mortgage-banking operations remained strong.

CrossFirst Holdings in Leawood, Kan., has agreed to buy Tulsa National Bancshares in Oklahoma.

Fifth Third Bancorp's (FITB) quarterly profit declined slightly as improvements in credit quality nearly balanced declining interest income and fee income.

BB&T announced Thursday that it earned $210 million in the first quarter, compared with $431 million a year earlier, as it took a $281 million charge related to a tax dispute with the Internal Revenue Service.

Astoria Financial (AF) in Lake Success, N.Y., boosted its quarterly profit nearly 40% by reining in costs.

Umpqua Holdings (UMPQ) in Portland, Ore., missed its quarterly earnings expectations because of margin pressure.

Shore Bancshares (SHBI) in Easton, Md., has tapped a company veteran to become its chief executive.

Boston Private Financial Holdings (BPFH) plans to buy back all of the preferred stock held by its largest investor, the Carlyle Group, for approximately $70 million.

Community Trust Bancorp (CTBI) in Pikeville, Ky., reported flat earnings for the first quarter as higher costs offset an increase in fee income.

Old National Bancorp (ONB) in Evansville, Ind., has renewed its contract with Neural Technologies, a provider of risk management software.

PacWest Bancorp (PACW) in Los Angeles more than doubled its first-quarter profit as it reduced its loan-loss provision by $10 million.

Profit fell slightly at Huntington Bancshares on fewer gains from loan sales last quarter.

Fulton Financial (FULT) in Lancaster, Pa., reported a slight increase in quarterly profit as better credit quality and higher securities gains offset revenue declines.

Tompkins Financial (TMP) in Ithaca, N.Y., has hired an executive from National Penn Bancshares (NPBC) to run its bank in southeast Pennsylvania.

Quarterly profit fell at Westamerica Bancorp. (WABC) in San Rafael, Calif., as interest and fee income declined.