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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National charters have fallen out of favor in recent years, but that isn't deterring David Dotherow from pursuing one for his Florida de novo.
By John ReostiFebruary 10 -
The moves show a commitment to bigger markets and make it easier for analysts and investors to visit management.
By John ReostiFebruary 7 -
Carl Chaney said he would have turned down the job if he doubted his ability to turn the New Orleans bank around.
By John ReostiFebruary 6 -
Gary Armstrong, former Richmond, Va., market president for Park Sterling, will have a similar role at Bay Banks.
By John ReostiFebruary 1 -
Royal Bancshares in Pa. made tough choices to avoid collapse during the financial crisis
By John ReostiJanuary 31 -
The California bank has hired an outside firm to review its loans and will de-emphasize health care lending.
By John ReostiJanuary 30 -
Loans, deposits and revenue all rose solidly compared to a year earlier.
By John ReostiJanuary 30 -
With loans of $100,000 or less, the typical bank breaks even or loses money. But one Florida community bank is betting faster turnaround times on small-business loans can help the bottom line.
By John ReostiJanuary 29 -
Beyond reasserting Republican control over the agency for the first time since 2009, President Trump's appointment of Mark McWatters as acting NCUA chair is expected to have little immediate impact.
By John ReostiJanuary 26 -
Huntington Bancshares says it is especially well positioned to benefit from a commercial lending boom that could accompany a revival of U.S. heavy industry, but other lenders also say they are upbeat.
By John ReostiJanuary 25 -
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















