John Reosti

The Treasury Department significantly raised an estimate for how much the exemption will cost the government over the next decade, putting credit unions on guard that bankers' arguments could be gaining traction.

Union Bankshares is poised to become a nearly $12 billion-asset bank in a state that lost most of its midsize institutions in the 1990s and early 2000s.

First Savings Financial in Indiana and Dime Community in New York are keen on making more SBA loans as a way to diversify revenue and generate fees through loan sales.

Numerated Growth Technologies has a platform that lets banks make lending decisions in as little as five minutes. The spinoff will be run by Dan O'Malley, Eastern's former chief digital officer.

Federal regulators are early in the process of deciding whether to broaden credit unions' access to capital markets, but banking lobbyists have seen enough to argue that it would let credit unions skirt business-lending limits.

The comment period on NCUA's notice of proposed rulemaking on alternative capital ended last week, and judging by the letters, another battle is brewing.

One Bank & Trust in Arkansas just sold itself to the Treasury, resolving a legal judgment and clearing the way for a resale to the private sector.

Five Star Bancorp in California is the latest bank to work with a marketplace lender on referrals. The move comes as the SBA programs have record volumes while concerns linger about banks working with third parties.

The company's earnings fell 20% from a year earlier, reflecting $5 million in restructuring charges and a higher loan-loss provision.

Rusty Cloutier had been CEO of MidSouth Bancorp for 32 years. Energy-sector woes helped do him in.

The New Jersey company's profit growth was constrained by an 11% increase in compensation and benefits and an 85% jump in consulting fees tied to compliance and other issues.

The Westbury, N.Y., company is angling for an acquisition as it approaches the $50 billion-asset mark.

The Georgia company invested in HCSB Financial's recapitalization a year before agreeing to buy the coastal South Carolina bank. Doing so allowed United to stay to close to HCSB and its board, which helped when the time came to discuss a deal.

Merger-related expenses cut into the Pittsburgh company's earnings, though management is excited about growth opportunities in North Carolina.

The Wisconsin regional's profits rose 35% in the first quarter on healthy loan growth, wider margins and an improved efficiency ratio, and it said its "satisfactory" CRA rating had been restored.

Mariner Kemper, UMB's chief executive, said he struggled with the decision to sell Scout Investments to Raymond James. Selling made more sense than pumping more capital into the beleaguered business.

The Office of the Comptroller of the Currency has given preliminary conditional approval for Winter Park National Bank, allowing organizers to work on office space, hire staff and raise capital.

Huntington, Wintrust and Eagle reported extremely low quarterly chargeoff ratios, and their CEOs say they remain confident about the future. But, as one observer says, "ultimately some sector is going to get overextended."

The Ohio company said it is retaining more FirstMerit deposit accounts than it had projected. At the same time, Huntington is moving forward with cost-cutting tied to the acquisition.

A 9% increase in net interest income more than offset rising expenses at the Kansas City, Mo., company.