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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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.
January 17 -
The Michigan company expects a recently announced mortgage initiative to produce solid growth in 2017.
January 17 -
Asset quality remained solid as the Little Rock company improved loan-to-deposit, efficiency ratios last quarter following two major bank acquisitions.
January 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.
January 13 -
Loans increased, the margin widened and credit quality continued to improve.
January 13 -
The California bank, grappling with credit-quality issues, did not say when – or if – a successor will be named
January 12 -
First Internet Bancorp is the latest institution to enter the business or to significantly expand operations.
January 12 -
Flushing Financial in Uniondale, N.Y., has its next chairman lined up.
January 11 -
New Frontier Bancshares in St. Charles, Mo., has hired the leader of another local bank as its new CEO.
January 9 -
Joseph Campanelli has run large publicly traded companies such as Sovereign Bancorp and Flagstar, but he seems more energized after agreeing to become CEO of Needham Bank, a depositor-owned mutual in Massachusetts.
January 6
