Jackie Stewart is the executive editor of American Banker Magazine. Previously, she covered breaking news, community banks and mergers and acquisitions for American Banker before being named as the managing editor of the Credit Union Journal. After graduating from Northwestern University in 2006, Jackie taught for two years in the Bronx, N.Y., through Teach for America.
West Coast Bancorp in Lake Oswego, Ore., benefitted greatly in the fourth quarter after reversing its remaining deferred tax asset valuation allowance.
Provident Financial Services Inc. reported that its fourth-quarter earnings rose 23% from a year earlier, to $14.9 million, because of an increase in net loans.
Alliance Data Systems Corp. said Thursday that it had renewed its agreement to provide private-label credit card services to retailer Reeds Jewelers.
Improved asset quality helped Boston Private Financial Holdings Inc. return to the black in 2011 despite declines in revenue.
Chemical Financial Corp. in Midland, Mich., reported that its fourth-quarter profit rose 49% from a year earlier, to $11.2 million, because a lower loan-loss provision.
Columbia Banking System Inc. in Tacoma, Wash., and an aggressive buyer of failed banks, rode those acquisitions to a strong fourth quarter.
Cambridge Savings Bank joins forces with a theater ensemble to find new ways to get financial education messages across to young children.
Brookline Bancorp Inc.'s fourth-quarter and full-year results rose despite costs associated with acquisitions.
Sterling Financial Corp. in Spokane, Wash., returned to the black for the year as credit quality improved.
UniRush said Thursday that it is eliminating a string of fees for its reloadable prepaid RushCard and also launching a new pricing plan for customers.
Astoria Financial Corp. in Lake Success, N.Y., said late Wednesday that its fourth-quarter profits fell 50% from a year earlier, to $11.8 million, because of decreases in average interest-earning assets.
Buoyed by a lower loan-loss provision, Lakeland Financial Corp. in Warsaw, Ind., said Wednesday that its fourth-quarter profits rose 43% from a year earlier, to $8.3 million.
S.Y. Bancorp Inc. in Louisville, Ky., reported Wednesday that its fourth-quarter profits climbed 5% from a year earlier, to $6.3 million, because of tax adjustments.
Bank of the James Financial Group Inc. in Lynchburg, Va., said that its common stock began trading on the Nasdaq Capital Market exchange on Wednesday.
New York Community Bancorp Inc. in Westbury, N.Y., reported Wednesday that fourth-quarter profits fell more than 21% from a year earlier, to $117.7 million, due largely to a decline in noninterest income.
BillFloat Inc., a provider of credit and underwriting services, has hired a community banking veteran as a senior advisor.
UMB Financial Corp. in Kansas City, Mo., on Wednesday reported $23.3 million in fourth-quarter profits, up 22% from a year earlier but falling short of expectations.
Commerce Bancshares Inc. in Kansas City, Mo., said late Tuesday that its fourth-quarter profits were flat from a year earlier, at $61.5 million, following the settlement of a class-action lawsuit.
BancorpSouth Inc. in Tupelo, Miss., raised $109.3 million in a common stock offering, a week after the company reported better-than-expected fourth-quarter earnings.
Fueled by balance sheet growth, Signature Bank’s fourth-quarter profits rose 32% from a year earlier, to $40 million.
