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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.
August 13 -
Anchor BanCorp Wisconsin (ACBW) in Madison has filed for bankruptcy in a bid to restructure its debt and recapitalize its struggling bank.
August 13 -
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%.
August 12 -
Matt Hildreth has been named Dallas chairman and chief executive for the $13 billion-asset Amegy Bank in Houston, Amegy said Monday.
August 12 -
Cascade Bancorp (CACB) in Bend, Ore., reported a surge in quarterly earnings because of a large tax-related gain.
August 12 -
John Koelmel will receive a severance package from First Niagara Financial Group (FNFG) that is 38% smaller than previous reports had indicated.
August 12 -
Roma Financial (ROMA) in Robbinsville, N.J., swung to a loss in the second quarter thanks to a check-kiting scheme.
August 9 -
Jacksonville Bancorp (JAXB) in Florida recorded its second straight quarterly profit as it continues to clean up its loan portfolio.
August 9 -
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.
August 9 -
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.
August 9 -
Carver Bancorp (CARV) in New York reported its third consecutive quarter of profitability, reflecting lower expenses and higher income from asset sales.
August 9 -
Triumph Bancshares in Germantown, Tenn., has agreed to buy two mortgage businesses from Merchants & Planters Bancshares in Bolivar, Tenn.
August 9 -
Fox Chase Bancorp (FXCB) in Hatboro, Pa., wants to discard its federal thrift charter.
August 8 -
Banc of California (BANC) in Irvine has hired a group of bankers to lead its new correspondent lending group.
August 8 -
Nice Systems (NICE), a maker of contact center software, has agreed to buy Causata, a provider of customer behavior analytics software. Ideally, the two technologies combined could provide a real-time picture of what a customer has been up to the moment he calls a company's call center.
August 7 -
BofI Holding (BOFI) in San Diego reported its sixth consecutive quarter of record profits as an expansion of its balance sheet led to higher lending income.
August 7 -
Wells Fargo (WFC) will issue new credit cards on the American Express network beginning in mid-2014, the two companies announced Wednesday. Financial terms of the agreement were not disclosed.
August 7 -
CoBiz Financial (COBZ) in Denver plans to retire $21 million in debt. The $2.7 billion-asset company is scheduled to retire the unsecured notes on Aug. 19, it said in a regulatory filing Tuesday.
August 7 -
Farmers & Merchants Bank of Long Beach (FMBL) in California has hired a chief operating officer.
August 7 -
Farmers & Merchants State Bank in Archbold, Ohio, has agreed to buy a branch from Croghan Colonial Bank in Fremont, Ohio.
August 7