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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The company has been producing solid loan growth in recent quarters.�@9@e
January 18 -
Commerce Bancshares in Kansas City, Mo., reported higher quarterly results that reflected great credit quality.
January 18 -
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 -
A little more than two years after Community National Bank in Great Neck, N.Y., agreed to sell itself, Stuart H. Lubow, its former chairman and CEO, has jumped back into banking.
January 6 -
A little more than two years after Community National Bank in Great Neck, N.Y., agreed to sell itself, Stuart H. Lubow, its former chairman and CEO, has jumped back into banking.
January 6 -
Washington Federal Chairman and Chief Executive Roy M. Whitehead will hand off his CEO duties to Brent Beardall this spring.
January 5 -
Shivan Govindan, chairman of First NBC Bank in New Orleans, has taken on the task of salvaging a bank that is reeling from accounting issues and a substantial capital requirement from regulators.
January 3 -
Green Bancorp's aggressive plan to attack its credit quality troubles and do what few Texas banks once would have dreamed of quit energy lending make it a subject of debate and a community bank to watch closely in 2017.
December 29 -
John Kanas, who will step down Jan. 1 as chief executive officer at Miami Lakes, Fla.-based BankUnited, reportedly discussed a possible role in the incoming Trump administration with members of the president-elect's transition team.
December 28 -
Ameris Bancorp in Georgia wanted to buy a premium-finance business but settled for a joint venture, blessed by its regulators, after being flagged for insufficient Bank Secrecy Act compliance.
December 20 -
A federal judge heard arguments from ICBA and NCUA on whether to dismiss the banking group's legal challenge to the credit union regulator's changes to the member business lending rule. A decision on the dismissal could come as early as January.
December 16
