Robert Barba is the technology editor of American Banker. Robert previously served as deputy editor of American Banker's dealmaking and strategy section. He joined American Banker in late 2007 as a community banking reporter, just in time for the financial crisis. Robert played a lead role in covering community banks' struggle for survival in the years following the downturn. Robert has appeared on Fox Business to discuss bank failures and the Treasury Department's Troubled Asset Relief Program. Prior to joining American Banker, Robert was a general business reporter at Scripps Treasure Coast Newspapers in Stuart, Fla. He began his career as a business desk intern at The Denver Post and Boulder Daily Camera. Robert is based in New York.
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Midwest banks have long been enamored with growth in sunny locations, but Enterprise Financial Services Corp. is using government-backed deals with loss-sharing agreements as protection.
January 11 -
A pair of banking companies have extended their deadlines for rights offerings due to technical difficulties.
January 10 -
As the epicenter of bank failures in 2010, Florida gave 2011 its first casualty. Florida was home to 18% of the 157 failures last year, with 29. Following a two-week hiatus, two banks failed on the first Friday of the new year.
January 9 -
As the epicenter of bank failures in 2010, Florida gave 2011 its first casualty. Florida was home to 18% of the 157 failures last year, with 29. Following a two-week hiatus, two banks failed on the first Friday of the new year.
January 7 -
Frequent bank investor Thomas Brown has taken a stake in Mercantile Bank Corp. of Grand Rapids, Mich.
January 7 -
Two senior officers tied to a fraud that eventually led to Sterling Financial Corp.'s forced sale have settled a civil lawsuit with the Securities and Exchange Commission.
January 7 -
CapitalSource Inc. may not be drowning, but that isn't stopping the Chevy Chase, Md., finance company from looking for help.
January 6 -
Capitol Bancorp Ltd., which has headquarters in Lansing, Mich., and Phoenix, has commenced an exchange offer to holders of its trust-preferred securities.
January 5 -
Rarely is bankruptcy court a welcome detour, but more struggling banks may take it to overcome debtholders blocking their recapitalization efforts.
January 5 -
Hanmi Financial Corp.'s recapitalization agreement with Woori Finance Holdings Co. Ltd. remains in place despite passing a Dec. 31 deadline.
January 4 -
At least three banking companies marked the end of the year by closing deals.
January 3 -
Integra Bank Corp. in Evansville, Ind., has started trading on the Nasdaq Capital Market because of its long-depressed share price.
January 3 -
Florida Shores Bank in Venice said Monday that it had raised $8 million of capital after spending six months courting investors.
January 3 -
United Community Banks Inc. in Blairsville, Ga., is deferring interest payments on its trust-preferred securities at the urging of the Federal Reserve.
January 3 -
The $4.2 billion-asset company plans to ask its shareholders, who have seen their stock drop 78% in value in the past year, to increase the number of authorized shares to 1.5 billion from 50 million at a meeting in late January.
December 29 -
Bank acquisition activity is widely expected to pick up in 2011, but some parts of the country might be more active than others.
December 28 -
With the Office of the Comptroller of the Currency slated to absorb the Office of Thrift Supervision next summer, the future of the personalized interest rate risk assessment that the OTS supplied quarterly to thrifts remains undetermined.
December 17 -
With the OCC slated to absorb the OTS next summer, the future of the personalized interest rate risk assessment that the OTS supplied quarterly to thrifts remains undetermined.
December 17 -
Polonia Bancorp in Huntingdon Valley, Pa., has dropped plans to buy back common stock after its takeover of a failed bank.
December 16 -
Sandy Spring Bancorp Inc. in Olney, Md., redeemed the remaining $41.5 million of preferred stock held by the Treasury Department.
December 15
