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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Banc of California in Irvine has delayed filing its third-quarter 10-Q as it continues to probe purported improper transactions that may have involved directors and senior executives.
By John ReostiNovember 11 -
Bankers can't start spending their tax cuts under the Trump administration yet because there are so many X factors including what exactly the new president would seek to steer through Congress. But they sure have fun thinking about what they'd do with the billions of dollars in savings that are possible.
By John ReostiNovember 10 -
The Justice Department has widened its investigation of Fulton Financials mortgage lending practices to include four new units.
By John ReostiNovember 7 -
Back in the black and looking increasingly healthy for the first time in a decade, First Mariner is poised to accelerate growth next year.
By John ReostiOctober 28 -
Many fully expected the agency to approve the significant overhaul of its field of membership rule, but the regulator went one better, issuing a new proposal that raises the population limit on well-defined communities from 2.5 million to 10 million.
By John ReostiOctober 27 -
Many fully expected the agency to approve the significant overhaul of its field of membership rule, but the regulator went one better, issuing a new proposal that raises the population limit on well-defined communities from 2.5 million to 10 million.
By John ReostiOctober 27 -
In bringing back public budget hearings, the National Credit Union Administration is doing something no other federal financial regulator does.
By John ReostiOctober 27 -
Nearly a year and more than 10,000 comment letters after it was introduced, the National Credit Union Administration is expected to vote Thursday on a final rule that would make it easier for consumers to join a credit union.
By John ReostiOctober 26 -
Nearly a year and more than 10,000 comment letters after it was introduced, the National Credit Union Administration is expected to vote Thursday on a final rule that would make it easier for consumers to join a credit union.
By John ReostiOctober 26 -
Huntington Bancorp's profits took a hit in the third quarter from $159 million in merger and integration costs tied to its acquisition of FirstMerit.
By John ReostiOctober 26


