Chris Cumming

Jacksonville Bancorp (JAXB) in Florida reported its third consecutive quarterly profit as lowered its expenses and its loan-loss provision.

The Treasury Department is taking a roughly 45% discount its latest auction of Troubled Asset Relief Program shares.

First Mariner Bancorp (FMAR) in Baltimore recorded a large third-quarter loss after its mortgage revenue fell by more than 80% from a year earlier.

Banc of California's (BANC) president has resigned after the Irvine company reported a large quarterly loss and dive in its capital ratios.

The $19.3 billion-asset company plans to merge its Hancock Bank and Whitney Bank subsidiaries in the first quarter of 2014, pending regulatory approval, it said Thursday.

The $649 million-asset company said late Thursday that it had retained Sterne, Agee & Leach, making the announcement after it prevailed in a bitter contest with an activist investor.

The Federal Reserve Board has announced the termination of regulatory orders with four lenders Thursday: FNB United (now named CommunityOne Bancorp), Highland Bancshares, National Consumer Cooperative Bank and NCB Financial.

Stephen Carpenter will step down as CU Bancorp's vice chairman and become a director emeritus at the end of the year, the $1.3 billion-asset company said Thursday.

Southern Missouri Bancorp (SMBC) in Poplar Bluff has agreed to buy Citizens State Bankshares of Bald Knob in Arkansas.

U.S. Bank (USB) will have to face a lawsuit alleging that it helped a Ponzi schemer steal hundreds of millions from his clients, a judge ruled Tuesday.

International Bancshares (IBOC) in Laredo, Texas, reported a rise in quarterly profit as its net interest income ticked up.

George Pelose will step down during the first quarte, the $673 million-asset company said Wednesday.

The agency has set up a database in which borrowers can file complaints about excessive fees, incorrect charges or other problems with payday loans, the CFPB announced Wednesday.

VantageSouth Bancshares (VSB) in Raleigh, N.C., and Yadkin Financial (YDKN) in Elkin, N.C., are reportedly discussing a merger.

First Internet Bancorp (INBK) in Indianapolis is adding asset-based lending to its commercial offerings.

Union First Market Bancshares (UBSH) in Richmond, Va., has expanded its chief executive's role.

First Busey (BUSE) in Champaign, Ill., has named its next chief financial officer.

First Merchants (FRME) in Muncie, Ind., has issued $70 million in debt to pay off a loan from Bank of America (BAC).

The Office of the Comptroller of the Currency has amended its consent order with Broadway Financial's (BYFC) bank.

Seacoast Banking Corp. of Florida (SBCF) in Stuart has begun a public offering to fund its exit from the Troubled Asset Relief Program.