Paul Davis

Central Pacific Financial (CPF) in Honolulu will repurchase $125 million of common stock.

FFW Corp. in Wabash, Ind., has a $2.6 million loan chargeoff recovery.

Farmers Capital Bank (FFKT) in Frankfort, Ky., has received regulatory approval to repurchase some of its preferred stock.

Bill Cooper could step down as the Minnesota company's chief executive sometime next year, and two insiders appear to be the early favorites to replace him.

Seacoast Banking Corp. of Florida (SBCF) in Stuart has filed a shelf registration to issue up to $150 million in debt and securities.

Xenith Bankshares (XBKS) in Richmond, Va., has agreed to buy Colonial Virginia Bank in Gloucester, Va.

Entregra Financial in Franklin, N.C., has filed to sell nearly $50 million in common stock as part of it planned conversion to a stock company.

Timothy Mullen, the company's former chief investment officer, wants management to informally evaluate the "best avenue to enhance long-term shareholder value," including any benefits from finding a buyer.

Poage Bankshares (PBSK) in Ashland, Ky., has completed an acquisition that incensed one of its biggest investors.

River Valley Community Bank (RVVY) in Yuba City, Calif., is set to have a new chief executive.

Oak Valley Bancorp (OVLY) in Oakdale, Calif., has restated its fourth-quarter earnings after discovering that it made an error accounting for a common stock dividend.

Associated Banc-Corp (ASBC) in Green Bay, Wis., seems poised to make acquisitions.

United Community Financial (UCFC) in Youngstown, Ohio, has hired an outside executive to become its next president and chief executive.

Talmer Bancorp (TLMR) in Troy, Mich., could enjoy a bigger-than-expected benefit from its purchase of Michigan Commerce Bank.

First Republic Bank (FRC) in San Francisco is planning to sell more than 3.5 million shares of common stock.

Joseph Stilwell has reached a truce with another banking company.

Virginia National Bankshares (VABK) in Charlottesville, Va., is facing pressure from an activist investor to consider selling itself.

Huntington Bancshares (HBAN) in Columbus, Ohio, has poached as executive from U.S. Bancorp (USB) as its new chief financial officer.

Investors Bancorp (ISBC) in Short Hills, N.J., could raise more than $2.6 billion as part of a highly anticipated second-step conversion.

Piedmont Bancorp in Peachtree Corners, Ga., plans to raise $8 million through a private placement of subordinated debt and common stock.