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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Acquisition pushes quarterly revenues past $1 billion for first time ever.
By John ReostiJanuary 25 -
The National Credit Union Administration and credit union trade groups cheered a judge's decision to dismiss a lawsuit against the agency's member business lending rule, but ICBA is still mulling the possibility of an appeal.
By John ReostiJanuary 24 -
Mortgage lending was "challenging" in the fourth quarter, but the Troy, Mich., company showed strong growth in commercial loans
By John ReostiJanuary 24 -
Cost control and improved credit were overshadowed by a big charge tied to a dispute with the FDIC.
By John ReostiJanuary 24 -
The Oklahoma company did not disclose how many shares it could sell or how much it could raise.
By John ReostiJanuary 24 -
The once high-flying company could also face higher legal costs tied to an SEC probe into recent disclosures.
By John ReostiJanuary 23 -
The company also admitted that certain details in an October press release were inaccurate.
By John ReostiJanuary 23 -
Initial regulatory steps toward giving credit unions access to alternative sources of capital could add to bankers' concerns that their tax-advantaged rivals are expanding beyond their mission.
By John ReostiJanuary 19 -
Bankers are sure to pounce on the chairman’s statement that this could 'change what it means to be a credit union.'
By John ReostiJanuary 19 -
The Justice Department claims the bank, which has received “satisfactory” ratings in its last four CRA exams, is failing to serve minority neighborhoods around Minneapolis.
By John ReostiJanuary 18 -
The company has been producing solid loan growth in recent quarters.�@9@e
By John ReostiJanuary 18 -
Commerce Bancshares in Kansas City, Mo., reported higher quarterly results that reflected great credit quality.
By John ReostiJanuary 18 -
Three midsize banks projected increases in loans this year in the latest round of earnings discussions, but their levels of optimism varied, and their commercial lending strategies in some cases conflicted.
By Andy PetersJanuary 17 -
The Michigan company expects a recently announced mortgage initiative to produce solid growth in 2017.
By John ReostiJanuary 17 -
Asset quality remained solid as the Little Rock company improved loan-to-deposit, efficiency ratios last quarter following two major bank acquisitions.
By John ReostiJanuary 17 -
The company would prefer buying banks with $5 billion to $10 billion in assets unless it finds an appealing alternative in a strategic market such as Raleigh or Nashville.
By John ReostiJanuary 13 -
Loans increased, the margin widened and credit quality continued to improve.
By John ReostiJanuary 13 -
The California bank, grappling with credit-quality issues, did not say when – or if – a successor will be named
By John ReostiJanuary 12 -
First Internet Bancorp is the latest institution to enter the business or to significantly expand operations.
By John ReostiJanuary 12 -
Flushing Financial in Uniondale, N.Y., has its next chairman lined up.
By John ReostiJanuary 11










