John Reosti

Linda McMahon told lawmakers the 7(a) program shouldn't run out of funds in fiscal 2017. Still, she wants permission to boost the program's funding authority by 15% if an unexpected spike in demand takes place.

Linda McMahon told lawmakers the 7(a) program shouldn't run out of funds in fiscal 2017. Still, she wants permission to boost the program's funding authority by 15% if an unexpected spike in demand takes place.

The Houston company was formed in 2009 to buy struggling banks in the wake of the financial crisis.

First Commonwealth in Pennsylvania is turning to a third party’s specialized software as the CECL standard makes forecasting credit losses more complicated. Other banks could follow.

The Buffalo, N.Y., company is filling gaps created when Mark Czarnecki, its former president, died in February after a battle with pancreatic cancer.

Without congressional help, the 7(a) program could be forced to shut down for the second time in three years.

The Arkansas company has bought 12 banks in Florida since 2010, and its CEO said he had coveted Stonegate for years before agreeing to buy it this week. Yet there is nagging talk about a new bubble in the Sunshine State.

Northwest Bancorp in Spokane said it has agreed to acquire the $131.1 million-asset CenterPointe Community Bank in Hood River, Ore.

Ann Marie Mehlum, who has joined a lending platform called SmartBiz Loans after stints as a community banker and an SBA official, says the combination of fintech and old-fashioned banking could bring back small-business loans under $100,000.

Community bankers want a two-year span between exams for small banks in good standing. Regulators, however, are reluctant to revert to pre-crisis policies.