John Reosti is a reporter covering community banks in particular and the financial services industry in general. He also focuses on the Small Business Administration, the National Credit Union Administration Board and issues connected to the CECL accounting standard.
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B2 Bank in Minnesota, which recently exited a regulatory action in connection with its banking-as-a-service business, announced the hires of a new CEO and two other senior executives.
By John ReostiMarch 24 -
Cambridge Savings Bank has been stockpiling capital. Now its CEO says it's willing to part with a portion of that stash if the right opportunity presents itself.
By John ReostiMarch 23 -
Grand Rapids-based Independent Bank Corp. has agreed to buy HCB Bancorp for $70.2 million — the buyer's first deal since 2017.
By John ReostiMarch 19 -
The $8.2 billion-asset bank says it's nearly finished building a platform that will provide gaming operators with real-time payment capability.
By John ReostiMarch 17 -
WesBanco in Wheeling, West Virginia, has hired a team of lenders in South Florida. It plans eventually to open branches in a bid to grab a share of the region's expanding deposit market.
By John ReostiMarch 16 -
The New York-based bank, which serves plaintiff law firms, agreed to pay $348 million for a Windy City community bank.
By John ReostiMarch 12 -
Brookfield, Wisconsin-based Landmark Credit Union's planned takeover of American National Bank-Fox Cities is the second credit union-bank acquisition announced in 2026.
By John ReostiMarch 11 -
Dean Bass, who served as CEO at two Houston community banks, plans to acquire Lone Star Bank in a deal expected to close this summer.
By John ReostiMarch 10 -
Midland States Bancorp had struggled in 2025 with accounting-related issues and bottom-line losses.
By John ReostiMarch 9 -
Glen Herrick, a veteran bank director, penned a resignation letter criticizing the West Virginia company's executive-compensation policies and what he described as a failure to focus on core profitability.
By John ReostiMarch 5 -
The Chicago-based lender service provider, which has helped build Northeast Bank in Maine into an SBA powerhouse, has expanded its capacity with an AI-driven technology upgrade.
By John ReostiMarch 4 -
As the Trump administration limits access to only U.S. citizens, volume in the Small Business Administration's flagship loan program is already trailing the 2025 pace. Experts predict that the tighter eligibility criteria will send more loans to nonbanks.
By John ReostiMarch 2 -
Preferred Bank moved a $115 million block of loans to nonaccrual status after the borrower, which is battling fraud charges leveled by other banks, began missing payments.
By John ReostiFebruary 27 -
Acquiring the $386 million-asset Pacific West Bancorp extends a strengthening bull market for bank M&A.
By John ReostiFebruary 26 -
BMO moved closer to hitting company-wide and U.S. profit targets after reporting increased first-quarter profits.
By John ReostiFebruary 25 -
Dennis Devine joins the San Francisco-based banking giant after a stint at Chicago-based Alliant Credit Union, which grew rapidly during his four years at the helm.
By John ReostiFebruary 24 -
Credit One Bank agreed to a $10.2 million settlement after almost five years of litigation with a group of California district attorneys. The suit alleged that the bank's vendors made harassing phone calls to borrowers.
By John ReostiFebruary 23 -
A written agreement between Kentucky First Federal Bancorp and the Office of the Comptroller of the Currency was terminated in 20 months, less than half the time that management feared it might take.
By John ReostiFebruary 23 -
The New York City-based lender, whose roots lie in taxi lending, believes an expanded home-improvement loan operation will generate mid-teen loan growth this year.
By John ReostiFebruary 19 -
Beneficial State Bank in Oakland has reached a three-year agreement with the Communications Workers of America. The deal follows a groundbreaking union pact the bank signed in 2021.
By John ReostiFebruary 18




















