Paul Davis

The $348 million-asset bank said in a press release Friday that Cuy Mauck will also become president when Roger Kepley retires in January.

Carver Bancorp in New York will likely report a loss for fiscal-year 2015 after restating its results. The company disclosed in a regulatory filing that the error is tied to the accrual of expenses related to invoices paid to its core system service provider.

PacWest Bancorp in Los Angeles reported lower quarterly profit as higher expenses offset gains from fees and loan growth.

It's liable to be an uphill climb as banks try to boost revenue and hold profit steady over the rest of the year. Here's why.

The $1.5 billion-asset Equity said in a press release Thursday that it will pay $68.8 million in cash and stock for the $475 million-asset parent of Community First Bank.

That’s the message that two funds have for directors of Commonwealth Business Bank in Los Angeles.

The companies agreed to divest the branches, along with nearly $738 million in deposits, to secure Justice Department approval.

OceanFirst Financial in Toms River, N.J., has agreed to buy Ocean Shore Holding in Ocean City, N.J.

Horizon Bancorp in Michigan City, Ind., has agreed to buy CNB Bancorp in Attica, Ind.

The management team at Bank of the Ozarks knows it has a dependency on commercial real estate. But they assert that sound underwriting, and efforts to diversify, are what really matters when assessing risk.