Chris Cumming

Quarterly profit of Investors Bancorp in Short Hills, N.J., rose 20%, as acquisitions led to higher lending income.

U.S. Century Bank in Doral, Fla., has postponed a shareholder vote on a $50 million capital injection.

Bank of Marin Bancorp in Novato, Calif., has completed its search for a new chief financial officer.

E-Trade Financial Corp (ETFC) recorded a large loss in the quarter that ended June 30 after management decided to solicit buyers for its market-making unit.

Fee income and better credit quality helped First Merchants Corp. in Muncie, Ind., beat its second-quarter estimates.

Fiserv has made an accounting application available in its online risk-management portal.

Columbia Banking System in Tacoma, Wash., reported higher quarterly earnings.

The former First PacTrust has hired ex-L.A. Mayor Antonio Villaraigosa as a senior advisor and made Magic Johnson Enterprises executive Eric Holoman a director and head of its new community reinvestment panel.

United Community Banks in Blairsville, Ga., reported a huge profit after a tax reversal allowed it to purge its balance sheet of bad loans.

Bank of America has added two veteran bankers, Clayton Rose and Pierre de Weck, to its board of directors.

Univest Corp. of Pennsylvania in Souderton will start next year with a new chief executive.

Gayle Manchin has been elected to serve on the board of MVB Financial, the Fairmont, W.Va., bank, it announced Monday. Her husband, Joe Manchin, was West Virginia governor from 2005 through 2010 and is now the state's junior U.S. senator.

Profit slipped at Cullen/Frost Bankers (CFR) in San Antonio as expenses rose last quarter.

Profit fell at New York Community Bancorp (NYCB) in Westbury, N.Y, as mortgage banking revenue dropped sharply last quarter.

BankUnited (BKU) in Miami Lakes, Fla., added interest income and beat earnings estimates as it expanded into New York City last quarter.

Asset management fees helped push UMB Financial in Kansas City, Mo., to a higher quarterly profit.

Berkshire Hills Bancorp in Pittsfield, Mass., and Community Bank System in DeWitt, N.Y., have struck deals to buy branches from Bank of America.

The $17 billion-asset company's second-quarter earnings rose 2% from a year earlier, to $40.6 million. Per-share earnings of 21 cents beat the estimates of analysts polled by Bloomberg by 2 cents.

The Securities and Exchange Commission charged Trendon Shavers with defrauding investors of nearly $150,000 worth of bitcoins through Bitcoin Savings and Trust, an online investment scheme he ran, and of making false claims while soliciting investments online in 2011 and 2012.

Chinatrust Bank in Los Angeles has hired heads of risk management and retail banking.