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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The Minneapolis-based bank is offering loans to providers planning to build practices from scratch — a reversal after years of serving only existing practices.
By John ReostiMay 29 -
Though compliance spending remains an issue, the Toronto-based company reported linked-quarter loan growth in the U.S. and expects the trend to accelerate.
By John ReostiMay 28 -
Maspeth Federal Savings in Queens has been managed by members of the Rudzewick family, led by long-serving patriarch Ken, for nearly three decades.
By John ReostiMay 26 -
BOK Financial and Atlantic Union Bankshares are among the lenders with very low rates of bad loans. They're telling investors it won't last forever.
By John ReostiMay 21 -
The move comes about a year after rising delinquency levels prompted SBA to raise lender fees and tightened underwriting standards in its flagship 7(a) program.
By John ReostiMay 18 -
Fund managers are seeking to change the way banks think about Community Reinvestment Act investing.
By John ReostiMay 15 -
The 22nd State Bank in Mobile has been developing its national Always.bank subsidiary over the past year. 22nd State, which was founded in 1917, is eyeing a summertime launch for the online unit.
By John ReostiMay 13 -
The Village Bank is already mulling expanding the concept to other locations if the one planned for its Wellesley, Mass., office lives up to expectations.
By John ReostiMay 11 -
Almost 60 SBA loans originated by Community Bank & Trust — West Georgia were classified as noncurrent, according to Small Business Administration records. Last week, Community became the second U.S. bank to fail in 2026.
By John ReostiMay 8 -
Carter Bankshares wants to widen its footprint in the Carolinas and may look to buy a bank, especially in South Carolina, where it set up a loan production office in November. The Virginia bank recently resolved a long-running dispute with a major commercial borrower.
By John ReostiMay 5 -
BayFirst Financial in St. Petersburg named veteran Tampa-area banker Al Rogers as its CEO and announced an $80 million capital raise. The bank sold its SBA-lending business last year, but it's still struggling to work through problems in its legacy loan portfolio.
By John ReostiMay 1 -
The San Antonio-based bank reported annual declines in net charge-offs and nonaccrual loans, extending a run of solid credit-quality trends at Texas-based regional banks.
By John ReostiApril 30 -
The Beaver State measure gives de novo banks up to $1 million per year in tax credits. Oregon lawmakers modeled their legislation on a 5-year-old Ohio law.
By John ReostiApril 29 -
Celtic Bank is the latest large Small Business Administration lender to turn to an AI origination platform for smaller-dollar loans. Live Oak Bank, which has been piloting the same platform, says it's poised for big growth in the same segment.
By John ReostiApril 28 -
The Columbus, Ohio-based company added to its cash hoard as a cushion against any economic dislocation connected to the conflict in the Middle East. The move narrowed Huntington's expected net interest margin for 2026.
By John ReostiApril 23 -
An uptick in problem loans within the heavily scrutinized office sector pushed down share prices at Rhode Island-based Washington Trust and Bank OZK in Little Rock, Arkansas, even though both banks reported solid profits.
By John ReostiApril 22 -
The South Carolina-based bank agreed to pay more than $100 million to acquire a longtime competitor in fast-growing Hall County, Georgia.
By John ReostiApril 21 -
The Birmingham, Alabama-based company also benefited from improved credit quality, with declines in nonperforming assets and criticized loans paving the way for a reduced provision
By John ReostiApril 17 -
Community Bankshares in Lagrange ran afoul of regulators after announcing a major expansion of its government-guaranteed lending operation in 2025.
By John ReostiApril 16 -
The Minneapolis company boosted revenue, kept operating expenses in check, and beat analysts' first-quarter earnings expectations.
By John ReostiApril 16



















