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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Webster Financial's profits barely grew in the third quarter from a year earlier, as solid revenue gains were offset by increased costs from the Waterbury, Conn., lender's expansion into Boston.
By John ReostiOctober 21 -
First NBC Bank in New Orleans may have avoided one problem only to run into a much bigger issue.
By John ReostiOctober 21 - Wisconsin
Associated Banc-Corp in Green Bay, Wis., reported higher quarterly profit on the strength of tight expense control and strong mortgage banking revenue.
By John ReostiOctober 20 -
Deterioration in its portfolio of taxi medallion loans combined with some one-time expenses dragged down profits at BankUnited in the third quarter.
By John ReostiOctober 20 - Pennsylvania
Record revenue and a brief respite from merger-related costs helped boost quarterly results at F.N.B. Corp. in Pittsburgh.
By John ReostiOctober 19 -
Profits at Fulton Financial in Lancaster, Pa., surged 21% in the third quarter compared with a year earlier thanks largely to robust fee income growth and tight expense control.
By John ReostiOctober 18 -
The California company will report a quarterly loss after credit issues surfaced in its technology lending division. Opus had expressed an interest earlier this year to expand the business after making a key hire.
By John ReostiOctober 17 -
West Town Bancorp in Illinois has revved up its government-backed lending to small businesses, making it a good example of how community banks can outhustle big lenders in the quest for new sources of fee income.
By John ReostiOctober 13 -
Thomas Depping, who quit banking out of frustration with regulators five years ago, says Warburg Pincus' deep pockets will help him make Ascentium Capital a household name among small-business borrowers.
By John ReostiOctober 7 -
Dollar Bank in Pittsburgh ended a 32-year break from acquisitions earlier this year. It didnt take nearly that long for the $7.4 billion-asset mutual to announce its next deal.
By John ReostiOctober 5


