Chris Cumming

The number of community banks under enforcement actions fell in January, as the Federal Deposit Insurance Corp. ended 16 orders and issued five on the month.

Bank of Commerce Holdings (BOCH) in Redding, Calif., has elected two directors after the death of its chairman.

First Sound Bank (FSWA) in Seattle has bought back its Troubled Asset Relief Program shares after raising nearly $8 million.

Fulcrum Biometrics has reached an agreement to sell low-cost iris-recognition scanners that can be used in banking and mobile security systems.

Monarch Financial (MNRK) in Chesapeake, Va., is getting rid of preferred stock it issued in 2009.

KeyCorp (KEY) in Cleveland has agreed to sell its investment management and broker-dealer units.

Broadway Financial in Los Angeles has unloaded a package of loans in an effort to boost its asset quality.

Capital One (COF) is expanding its board of directors with the addition of two banking industry veterans, including a former top official of the Consumer Financial Protection Bureau.

Financial Institutions (FISI) has ended its months-long search for a new chief executive with the promotion of an insider.

The founder and chief executive of Bankers' Bank Northeast in Glastonbury, Conn., is retiring.

Wipro Gallagher has upgraded its loan-origination system, NetOxygen, to provide more detailed and accessible loan information.

M&T Bank (MTB) in Buffalo has hired a former member of Congress to help it strengthen its relationships with government officials.

Katahdin Trust Company in Houlton, Maine, has chosen Fiserv’s core banking platform along with a host of other services from the fintech company.

First Financial Bankshares (FFIN) in Abilene, Texas, has agreed to buy Orange Savings Bank in Orange, Texas.

Securant Bank in Menomonee Falls, Wis., has agreed to sell its trust business to an Illinois bank.

PremierWest Bancorp's campaign to persuade shareholders to approve a merger with AmericanWest Bank has not yet reached its goal. The deal is on hold for one more month as the companies wait for proxy votes to come in.

Solera National Bancorp in Lakewood, Colo., is revisiting a deal that regulators blocked three years ago, with a few modifications.

SCBT Financial in Columbia has agreed to buy First Financial Holdings in Charleston in a deal between South Carolina banks.

Payment processor TSYS (TSS) is bolstering its position in the prepaid card market through big acquisition.

Gold Coast Bank in Islandia, N.Y., is beginning its second round of financing after announcing that its fourth-quarter profit more than doubled.