Ken McCarthy

The Delaware company said newly formed NewLane Finance will use "advanced technologies" to provide expedited financing decisions.

The company, which is planning to revamp its organizational structure, has seen a sharp increase in funding costs over the past year.

Blue Lion Capital, which has been critical of the Seattle company in recent years, has nominated two individuals to become directors.

CEO Kessell Stelling said he thinks about Synovus' depressed stock price daily, even though his team is ahead of schedule cutting costs from a deal that closed in January.

Columbia Banking CEO Hadley Robbins says he's confident the bank can grow on its own as the number of buyout targets in the Pacific Northwest dwindles.

A big decrease in noninterest income outweighed cost controls during the first quarter.

The Dallas regional assured analysts that it has ample sources of liquidity to fund its expected loan growth.

MiCommunity Bancorp, which will be Michigan's first new bank since the financial crisis, raised $30 million in initial capital.

The New York company formed the nationwide group after hiring a team of former Square 1 bankers.

The company could use its share of proceeds from the IPO to repay debt and pursue bank acquisitions.

Lenders in South Florida are making tech upgrades and building scale to contend with bigger banks squeezing the market.

Organizers of the Bank of St. George have filed an application with the FDIC and state regulators and plan a public stock offering.

The decade-old rule, now under review, is outdated and another example of one-size-fits-all regulation, community bankers say.

The company warned that the move will likely reduce its first-quarter profit by $8 million.

The Tennessee company has set up a $3.5 million reserve associated with the unnamed borrower.

The company plans to use the new capital to pursue growth opportunities.

The Los Angeles bank will take a $1.4 million hit to earnings after the multifamily properties sold for less than their book value.

The Clearing House announced moves to attract community banks and credit unions to its real-time payments system. Smaller depositories have generally been reluctant to sign up with what is seen as a large-bank effort.

Power Financial Credit Union's deal for TransCapital Bank marks the fourth time this year a bank has agreed to be sold to a credit union in the Sunshine State.

Some lenders, especially in markets like California, are preparing in case of a technology-industry stumble that hurts business, real estate and other loan segments. Whether those fears are well founded is a matter of debate.