Joseph Kellard

Banc of California's second-quarter profits soared on stronger lending and credit quality. The $10.2 billion-asset company increased net income 66% from a year earlier to $26.5 million, it said in a news release Thursday.

BNC Bancorp in High Point, N.C., plans to raise about $55 million through a common stock offering.

One of the nation’s biggest banks and the so-called “everything store” have joined forces to extend loan discounts to students.

People's United Financial in Bridgeport, Conn., has agreed to buy a New York wealth-management firm.

The $24.4 billion-asset company reported a $50 million profit in the second quarter, up 2% from the first quarter.

Signature Bank in New York more than tripled its loan-loss reserves for taxi medallion and other loans in the second quarter yet still managed a double-digit increase in profits primarily on loan growth.

Profit improved at both BBCN Bancorp and Wilshire Bancorp in the second quarter, about two weeks ahead of the closing date for the Los Angeles companies' merger.

Hawaiian Electric Industries has nixed a plan to spin off its American Savings Bank subsidiary after utility regulators rejected Hawaiian Electric’s sale to an out-of-state energy company.

Sam Cook, who served in various roles at Central Trust Bank in Jefferson City, Mo., since the Truman administration, has died.

Valley View Bancshares in Overland Park, Kan., is planning to replace its longstanding practice of having multiple bank charters.