Chris Cumming

The $857 million-asset company tapped Jerry Rexroad to succeed John Russ, a company spokeswoman said on Thursday. Rexroad has been chairman and CEO of affiliate Crescent Mortgage.

Signature Bank in New York City has lured a group from HSBC as it continues its private-banking push.

Commerce Bancshares in Kansas City, Mo., reported lower quarterly profit as interest income fell and credit costs spiked.

Big banks tightened credit for small businesses in June, a month after being their most generous in six years.

CoBiz Financial (COBZ) in Denver plans to enter two new markets — Fort Collins and Colorado Springs — and create a private-banking division.

The banking technology firm nCino has formed a joint venture to offer web-based SBA-lending software.

UMB Financial in Kansas City, Mo., is planning to open its first branch in Texas, according to a report.

Credit-risk managers are more optimistic than they have been in three years about lenders' ability to extend credit, a new study found.

The Federal Reserve Board has lifted regulatory actions against Huntington Bancshares in Texas and Buckeye Bancshares in Ohio.

Huntington Bancshares in Columbus, Ohio, has named a new head of internal auditing.

CIB Marine Bancshares (CIBH) in Waukesha, Wis., has agreed to buy Avenue Mortgage in Naperville, Ill., CIB announced Monday. Financial terms of the sale were not disclosed.

AmericanWest Bank in Spokane, Wash., has agreed to sell five Pacific Northwest branches in separate transactions.

Nasdaq has granted Broadway Financial (BYFC) in Los Angeles a six-month reprieve to raise its share price.

First Interstate BancSystem (FIBK) in Billings, Mont., has named Kevin Riley its next chief financial officer. Riley is leaving Berkshire Hills Bancorp (BHLB) in Pittsfield, Mass., where he has been CFO since 2007.

Eastwood plans to acquire the Austin, Minn., branches of QCR's Community National Bank along with $30.8 million in loans and $36.8 million in deposits, the companies announced Monday.

The $442 million-asset company began raising the capital on June 21; the campaign closed on Friday, according to a regulatory filing.

First Federal Bancshares of Arkansas (FFBH) in Harrison has agreed to buy First National Security in Hot Springs, Ark.

Anchor BanCorp Wisconsin (ABCW) has defaulted on a loan from a group of banks led by U.S. Bancorp (USB) after the Federal Reserve Board rejected a request to extend the loan.

Allegiance Bancshares has hired a longtime Houston banker as its chief financial officer.

Community Bank Shares of Indiana in New Albany recorded a nearly $1 million charge in the second quarter for a failed-bank acquisition.