Chris Cumming

U.S. Century in Florida, one of the largest undercapitalized banks in the U.S., is trying to sell a controlling interest to an investment group. But shareholders who have sued the bank favor another group's buyout offer, and they tried to get the judge to force the bank to reconsider.

Athene Holdings has agreed to increase the protections it offers annuity customers in order to secure a New York regulator's approval of its planned acquisition of the British insurer Aviva.

VantageSouth Bancshares (VSB) in Raleigh, N.C., has sold $38.1 million in subordinated debt.

First Community (FCCO) in Lexington, S.C., has agreed to buy Savannah River Financial in Augusta, Ga.

First Mariner Bancorp (FMAR) in Baltimore swung to a loss as professional fees rose and mortgage banking income cratered.

The three largest shareholders of First BanCorp (FBP) in San Juan, Puerto Rico, are planning to sell approximately $189 million worth of shares.

First National Community Bancorp in Dunmore, Pa., swung to a quarterly profit thanks to cost cuts and securities sales.

A shareholder lawsuit against the management of Home BancGroup in Hallandale Beach, Fla., has been dismissed, according to a news report.

John Linfante is stepping down as the chairman of Atlantic Coast Financial (ACFC), the latest leader to leave the Florida bank since investors rejected its sale to Bond Street Holdings.

The chief executive of First Community Bancshares (FCBC) in Bluefield, Va., plans to step down.

The $345 million-asset Broadway lost $228,000 in the second quarter, it announced Monday. It earned $1.7 million in the second quarter of 2012, when it recorded a $2.5 million profit from the sale of its former headquarters.

Anchor BanCorp Wisconsin (ACBW) in Madison has filed for bankruptcy in a bid to restructure its debt and recapitalize its struggling bank.

Eric Schneiderman, New York's top law enforcer, filed a suit Monday against three online lenders and their owners, alleging that they violated usury laws by making loans that carry annual interest rates of between 89% and 335%.

Matt Hildreth has been named Dallas chairman and chief executive for the $13 billion-asset Amegy Bank in Houston, Amegy said Monday.

Cascade Bancorp (CACB) in Bend, Ore., reported a surge in quarterly earnings because of a large tax-related gain.

John Koelmel will receive a severance package from First Niagara Financial Group (FNFG) that is 38% smaller than previous reports had indicated.

Roma Financial (ROMA) in Robbinsville, N.J., swung to a loss in the second quarter thanks to a check-kiting scheme.

Jacksonville Bancorp (JAXB) in Florida recorded its second straight quarterly profit as it continues to clean up its loan portfolio.

The $902 million-asset company said Friday that it plans to shut down First Financial Diversified, which provides escrow services to First Financial and other customers.

Orient Bancorp in San Francisco named Richard Cupp, a well-known California banker and turnaround specialist, its permanent chief executive five weeks after he joined as interim CEO.