Paul Davis

Savannah Bancorp Inc. in Georgia said earlier this week that its bank had entered into a written agreement with the Office of the Comptroller of the Currency that reflects an "elevated level" of classified assets.

ECB Bancorp Inc. in Engelhard, N.C., said Thursday that its shareholders had approved several proposals that were needed for the company's $80 million private placement.

Park National Corp. in Newark, Ohio, said Tuesday that it had found a material weakness in its internal control over financial reporting, tied to its use of a third-party contractor.

Park Bancorp Inc. in Chicago said Tuesday that it had hired an investment bank to help it explore its strategic options, including a possible sale.

Cascade Bancorp in Bend, Ore., has hired former Fifth Third Bancorp executive Terry Zink to become its chief executive.

Tony Blair, who led Great Britain for a decade, used an appearance in North Carolina Tuesday night to assert that current challenges are merely a temporary setback for the West.

Tennessee Valley Financial Holdings Inc. in Oak Ridge agreed to serve as a source of strength to its $173.3 million-asset TNBank, which has been operating under a consent order with it regulators since April 21.

Codorus Valley Bancorp Inc. in York, Pa., disclosed in a regulatory filing Tuesday that it expects to report a profit for the third quarter despite issues with a large commercial loan.

Central Federal Corp. in Fairlawn, Ohio, is set to bring in a new chief executive and president after it raises up to $37.5 million.

F&M Bancorporation Inc. in Tulsa, Okla., has raised $78 million in capital that it plans to use for expansion in Oklahoma and Texas.

American Chartered Bancorp in Schaumburg, Ill., has raised $50 million from a group of private equity firms that includes Patriot Financial Partners, Endicott Management Co. and Siena Capital Partners.

The Federal Reserve on Thursday announced that it has reached a written agreement with SWNB Bancorp Inc. in Houston.

The biggest bank in Hawaii is set to have a new chief executive.

First Merchants Corp. in Muncie, Ind., used a regulatory filing Tuesday to disclose the names of the two private equity firms that participated in a recent private placement of common stock.

The Federal Reserve on Tuesday announced a written agreement with Pinnacle Bank Holding Co. in Orange City, Fla.

John Allison may have retired as BB&T's CEO in 2008 but he still has strong opinions about the economy and banking industry. In a wide-ranging interview, he projects five years of stagnant growth, mixed results for M&A and 5-10% job cuts in the banking industry.

United Community Financial Corp. in Youngstown, Ohio, said late Wednesday that it would sell four branches in the western part of the state to a unit of Croghan Bancshares Inc.

Swope Montgomery, the longtime CEO of BNC Bancorp in High Point, N.C., details his growth strategies, cautions on deals and the risks and rewards of private equity.

Parkvale Financial Corp. in Monroeville, Pa., said late Tuesday that it plans to restate financial information for two fiscal years to correct an error tied to deposit insurance.

Capitol Bancorp Ltd. is getting closer to exiting Colorado with an agreement to sell Mountain View Bank of Commerce.