Chris Cumming

Carrollton Bancorp in Lutherville, Md., is changing its name to Bay Bancorp.

The $493 million-asset company bought back its remaining shares for $3.1 million, a 1% discount, it announced Monday.

Legacy Bank of Florida in Boca Raton raised $1.7 million in the third quarter, but remains short of the capital levels required by a regulatory consent order.

Shareholders of BankUnited (BKU) in Miami Lakes, Fla., are preparing to sell more than $330 million of the company's stock.

U.S. Bancorp (USB) in Minneapolis has named a new head of its asset management business for wealthy clients.

Mentor well, promote often, and let people work from home once in a while. That's the message of new research into the workplace aspirations of the 18- to 32-year-old set.

The stock exchange has accepted the $136 million-asset company's plan to recapitalize itself and will allow it to remain listed, OptimumBank said Friday.

Highlands Bancorp (HSBK) in Vernon, N.J., has agreed to buy Secured Lending Solutions, a mortgage banking company in Glen Rock, N.J.

City National Corp. (CYN) in Los Angeles boosted its quarterly earnings due to improvements in asset quality and increased lending income.

Provident Financial Services (PFS) in Iselin, N.J., reported nearly flat quarterly earnings after taking a tax charge associated with its 2003 initial public offering.

National Penn Bancshares (NPBC) in Boyertown, Pa., reported a slightly lower quarterly profit as its mortgage fees fell, but it still met Wall Street's earnings forecasts.

TCF Financial Corp. (TCB) in Wayzata, Minn., met Wall Street's quarterly earnings estimates as lower charges related to bad assets made up for a decline in revenue.

Hancock Holding (HBHC) in Gulfport, Miss., reported lower quarterly earnings after taking a charge tied to branch closures and other expense reductions.

Coast Bancorp (CTBP) in San Luis Obispo, Calif., has hired a new chief financial officer.

SVB Financial (SVB) in Santa Clara, Calif., reported a 60% increase in quarterly profit after investment securities it holds rose more than ninefold in value.

Sterling Financial (STSA) in Spokane, Wash., reported lower quarterly earnings after suffering a decline in mortgage banking revenue.

WesBanco (WSBC) in Wheeling, W.Va., has hired a Fifth Third (FITB) executive to be its chief operating officer, and plans to promote him to chief executive next year.

State Bank Financial (STBZ) in Atlanta reported higher quarterly earnings tied to loans it obtained from buying failed banks.

Quarterly profit slid at First Merchants Corp (FRME) in Muncie, Ind., as interest income and revenue from loan sales fell.

Chad Fuller and Victoria Holstein-Childress have joined the Atlanta law firm to help defend banks against lawsuits and government probes.