Paul Davis

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.

The Federal Reserve on Thursday announced written agreements with four banks, including the $2 billion-asset Old Second Bancorp Inc. in Aurora, Ill.

Eagle Bancorp Inc. in Bethesda, Md., has agreed to acquire Alliance Bankshares Corp. in Chantilly, Va.

IberiaBank Corp.'s shares plunged Wednesday after a litany of charges cut into the banking company's second quarter earnings.

FirstAtlantic Bank said Wednesday that it had agreed to buy CenterBank in a deal that will combine two Jacksonville, Fla., banks.

Security Savings Bank in Southport, N.C., said that it has hired an Atlanta firm to help it explore strategic option, including a possible sale.