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Pacific Capital Bancorp Inc. plans to sell its tax division — its most profitable line — after regulators blocked the company from making new tax loans in the coming year.
By Marissa Fajt and Robert BarbaDecember 28 -
Unable to gain timely regulatory approval, Metro Bancorp Inc. has again delayed its acquisition of Republic First Bancorp Inc. in Philadelphia.
By Marissa FajtDecember 27 -
A recent failed-bank deal has handed the FDIC an opportunity to play the stock market — something the regulator will probably do more of in the coming year.
By Marissa FajtDecember 24 -
A recent failed-bank deal has handed the Federal Deposit Insurance Corp. an opportunity to play the stock market — something the regulator will probably do more of in the coming year.
By Marissa FajtDecember 23 -
Royal Bancshares of Pennsylvania announced it has terminated an agreement to sell its Royal Asian Bank unit to a group of investors.
By Jodi Schneider and Marissa FajtDecember 22 -
The main culprit in last week's demise of Independent Bankers' Bank in Springfield, Ill., was not an ailing loan portfolio but poorly performing investments in other banks.
By Robert Barba and Marissa FajtDecember 22 -
City National Corp. in Los Angeles expanded its asset size by roughly 5% last weekend in its largest deal to date by acquiring the failed Imperial Capital Bank in La Jolla, Calif.
By Marissa FajtDecember 21 -
A few companies are trying to get the government to convert its preferred shares to common ones, but Superior Bancorp in Birmingham, Ala., had an even better idea, one widely expected to inspire imitators.
By Marissa FajtDecember 16 -
Patriot Bancshares Inc. in Houston has canceled its deal to buy the $497 million-asset Texas Community Bank in The Woodlands, Texas, the Houston Business Journal reported Friday.
By Marissa FajtDecember 13 -
Like so many others, East Carolina Bank in Englehard, N.C., wants to increase revenue and market share. But it is going about it in a new way.
By Marissa FajtDecember 12 -
When a group of would-be bank organizers recently landed a small Florida institution, they were foreshadowing the near-term future of industry M&A.
By Marissa FajtDecember 9 -
Though the market for trust-preferred securities remains strained, the warm reception for an offering from City National Corp. is expected to persuade others to consider this option for a capital boost.
By Marissa FajtDecember 4 -
Though the market for trust-preferred securities remains strained, the warm reception for an offering from City National Corp. is expected to persuade others to consider this option for a capital boost.
By Marissa FajtDecember 4 -
After six months of withholding all the losing bids made for failed banks, the Federal Deposit Insurance Corp. has decided to resume releasing much of the information.
By Marissa FajtDecember 3 -
Sunwest Bank had some explaining to do after it pulled away from construction lending about five years ago. Now the Tustin, Calif., company's patience is paying off.
By Marissa FajtDecember 1 -
Bank of Florida in Naples, which is under regulatory pressure to raise capital, has postponed a $135 million stock offering, saying market conditions have deteriorated.
By Marissa FajtNovember 20 -
A new group formed to buy failing banks plans to use its recent deal for tiny, well-capitalized Palisades National Bank as a springboard for further acquisitions.
By Marissa FajtNovember 18 -
If you don't like the rules, change them. That's what one blank-check company did when a looming deadline threatened its plans to buy a Nevada bank.
By Marissa FajtNovember 16 -
John Kanas is remaking BankUnited in the image of the last company he ran, starting with a bold campaign to recruit bankers from rivals across Florida.
By Marissa FajtNovember 12 -
Horizon Financial Corp. in Bellingham, Wash., has warned that it may fail because the company and its bank unit are critically undercapitalized.
By Marissa FajtNovember 10

