Joseph Kellard

Brent Beardall, who has been with Washington Federal since 2001, was named president of the $14.8 billion-asset company and its primary banking unit and retains his job as chief banking officer.

United Community Banks in Blairsville, Ga., reported higher quarterly gains spurred by fee revenue.

Valley National Bancorp in Wayne, N.J., reported higher quarterly profit because of loan sales and increases in other fees.

Banner Corp. in Walla Walla, Wash., reported higher quarterly earnings as it continued to benefit from a recent acquisition.

First Interstate BancSystem in Billings, Mont., reported higher quarterly profit tied to loan growth and increased fee income.

Deposit growth and loan sales gave Flagstar Bancorp's second-quarter profit a lift. The $13.7 billion-asset company said its net income in the three months rose 2.1% to $47 million, or 66 cents a share, compared with last year's second quarter.

The $2.1 billion-asset company said in a press release Tuesday that its second-quarter earnings rose 4.7% from a year earlier to $3 million, or 16 cents a share.

Park National in Newark, Ohio, reporter lower quarterly profit that reflected declines in service charges and higher expenses.

Berkshire Hills Bancorp in Pittsfield, Mass., reported higher quarterly profit driven by loan and deposit growth and expense reductions.

Northwest Bancshares in Warren, Pa., reported a quarterly loss after prepaying some Federal Home Loan Bank borrowings.

Lakeland Financial Corp. in Warsaw, Ind., said its second-quarter profit rose 13% to $12.8 million on loan and deposit growth and higher net interest income.

Bank of Hawaii in Honolulu reported higher quarterly profit that reflected deposit growth.

Eagle Bancorp in Bethesda, Md., has issued $150 million in subordinated debt after increasing the amount it originally planned to sell.

Fee income, niche financing lines and auto lending drove second-quarter profits at TCF Financial in Wayzata, Minn.

Second-quarter earnings at Cathay General Bancorp in Los Angeles fell 22.9% to $34.8 million from a year earlier on a triple-digit spike in chargeoffs.

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.