Chris Cumming

Citigroup's private wealth management division has agreed to sell a trust bank subsidiary to Reliance Financial in Atlanta.

Northfield Bancorp in Woodbridge, N.J., has completed the stock offering for its conversion to a fully public company.

Carver Bancorp in New York has shuffled several managers while creating a new position of president and chief operating officer.

Preferred Bank in Los Angeles blamed its lower fourth-quarter profits on tax-related items.

PremierWest Bancorp (PRWT) in Medford, Ore., took a loss in the fourth quarter as it sought to remove dead wood from its balance sheet.

Flathead Holding Co. of Bigfork, Mont., has entered into an agreement with regulators to bolster its capital.

A new hosted version of Fundtech's Global CASHplus is targeted at small and mid-sized banks looking to offer treasury management.

Peoples Bancorp (PEBO) in Marietta, Ohio, reported increased profit despite a shrinking net interest margin.

Santa Cruz County Bank of Santa Cruz, Calif., reported higher quarterly profit because of balance sheet growth.

The restaurant chain Zaxby’s said that a data breach may have compromised its patrons’ card information.

U.S. Century Bank in Doral, Fla., sold about $120 million of loans in the fourth quarter of 2012.

WSFS Financial (WSFS) in Wilmington, Del., warned that its fourth-quarter results will include a nearly $4 million hit from paying off Federal Home Loan Bank advances.

First Financial Bancorp (FFBC) in Cincinnati gave investors a sneak peek at its fourth-quarter results while announcing a key management shift.

M&F Bancorp (MFBP) in Durham, N.C., said in a regulatory filing Thursday that it hired Randall Hall as its chief financial officer. He succeeded Lyn Hittle, who will retire in March.

Bank of Kentucky Financial (BKYF) in Crestview Hills reported higher earnings as credit issues subsided.

Wintrust Financial (WTFC) in Rosemont, Ill., posted higher earnings after pursuing acquisitions.

National Mortgage Insurance Co., a new company based in Emeryville, Calif., announced Thursday that Fannie and Freddie have granted it approval as an eligible mortgage insurer.

Associated Banc-Corp of Green Bay, Wis., announced a double-digit increase in fourth-quarter profit that was spurred by increased lending.

Southcoast Financial Corp. (SOCB) in Mt. Pleasant, S.C., swung to a profit in the fourth quarter thanks to improvements to its loan portfolio and a lower cost of funds.

Bank of the Ozarks (OZRK) of Little Rock, Ark., posted a fourth-quarter profit gain despite sliding interest income, thanks in part to an acquisition that closed late in the year.