Paul Davis

A Suffolk Bancorp executive says the company will request a hearing while it works "extremely hard" to produce overdue financial statements.

Salisbury Bancorp Inc. in Lakeville, Conn., has paid the Treasury Department $205,000 for a warrant tied to the Troubled Asset Relief Program.

The Federal Reserve on Thursday said it has issued a consent order to a Baltimore company, instructing it to take action to improve the composition and business practices of its board.

DCB Financial Corp. in Lewis Center, Ohio, said will hire an investment bank to help it explore ways to raise capital.

The Federal Reserve has reached a written agreement with Princeton National Bancorp Inc. in Princeton, Ill.

Nara Bancorp Inc. in Los Angeles said late Monday that it completed a $63.3 million public offering of its common stock.

Opus Bank in Irvine, Calif., which last week raised $100 million to fund growth, has completed its acquisition of RMG Capital Corp., the parent company for Fullerton Community Bank.

Britton & Koontz Capital Corp. in Natchez, Miss., reported a third-quarter loss after a major setback in credit quality.

1st Mariner Bancorp in Baltimore announced another quarterly loss and the resignation of its bank president, Daniel McKew. Mark Keidel, who is the president of 1st Mariner Bancorp and the chief operating officer of both the company and the bank, succeeded McKew.

Suffolk Bancorp in Riverhead, N.Y., is slowly making its way through accounting and regulatory issues that hung over the company for more than year.

Park Sterling Corp. in Charlotte, N.C., said it expects to complete its acquisition of Community Capital Corp. in Greenwood, S.C., next week.

The Federal Reserve has announced written agreements with three banking companies.

A top political prognosticator said the Occupy Wall Street crowd has a long way to go before they evolve into a political movement on par with the Tea Party.

The Federal Reserve on Tuesday announced a written agreement with Border Capital Group Inc. in McAllen, Texas.

Acting FDIC Chairman Marty Gruenberg reiterated his agency's support for small banks, but many bankers are unsure if it will lead to real change.

Bankers spoke openly about their frustration with new regulations during the ABA's annual conference, with one likening it to being repeatedly punched in the head.

Heitkamp to chair vocal Texas bank group, following in his father's footsteps.

Iberiabank Corp. has agreed to pay $2.5 million to settle claims the Lafayette, La., company illegally charged customers excessive overdraft fees.

FNB United Corp.'s private-equity led buyout of a rival bank cleared another key hurdle after FNB's shareholders approved the acquisition of Bank of Granite Corp.

Colony Bankcorp Inc. in Fitzgerald, Ga., eked out a third-quarter profit, though it also announced Wednesday that its president and chief executive had resigned.