Paul Davis

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.

Patriot National Bancorp Inc. in Stamford, Conn., saw its losses widen during the second quarter compared to a year earlier, due largely to expenses associated with a turnaround plan.

The Federal Reserve on Tuesday announced that it has reached a written agreement with Coastal Bankshares Inc. in Savannah, Ga.

First Mariner Bancorp in Baltimore disclosed Friday that it has a hearing later this month that could have a key influence on its future.

A pair of banking companies said Friday that they have been approved for participating the in the Small Business Lending Fund and plan to use the funds to exit the Troubled Asset Relief Program.

The Federal Reserve this week took action against four banks, including three written agreements and the issuance of a prompt corrective order against Bank of the Eastern Shore.

PNC plans to overhaul technology and inject more fee-generating products once it completes its acquisition, RBC Bank exec Reggie Davis says in an interview.

First Security Bank of Nevada in Las Vegas has received a much-needed capital boost.

The Federal Reserve on Tuesday disclosed written agreements with two banks.

SCBT Financial Corp. in Columbia, S.C., which bought a failed bank and raised capital in February, on Friday posted its best quarterly results in two years.

What a difference a couple of years makes.