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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Six weeks after scrapping a long-delayed deal, Republic First Bancorp Inc. in Philadelphia is looking to raise more capital.
By Robert BarbaApril 27 -
The Chicago company said Monday that its loans declined slightly in the first quarter as it struggled to find new qualified borrowers and focused its attention on resolving the troubled loan portfolio that has dogged it in the past two years.
By Robert BarbaApril 26 -
SCBT Financial Corp. of Columbia, S.C., said its first-quarter earnings skyrocketed, largely as a result of its acquisition of the failed Community Bank and Trust in Cornelia, Ga.
By Robert BarbaApril 23 -
Though smaller companies may still bid on individual failed banks, they may have to enlarge their bids — perhaps significantly — to compete with package buyers.
By Robert BarbaApril 22 -
Community Capital Corp. in Greenwood, S.C., said its earnings jumped sharply in the first quarter as credit quality showed significant improvement.
By Robert BarbaApril 20 -
Enterprise Financial Services Corp. of St. Louis said Tuesday that it narrowed its first-quarter loss to $3 million, from $51.8 million a year earlier, as credit costs declined but problem loans increased.
By Robert BarbaApril 20 -
Seacoast Banking Corp. of Florida in Stuart has released to its investors $200 million in capital it was holding in escrow because it did not place the winning bid for Riverside National Bank in Fort Pierce, Fla.
By Robert BarbaApril 20 -
A Chicago start-up venture called GreenChoice Bank has entered into an agreement to acquire the undercapitalized Family Federal Savings of Illinois through a supervisory conversion.
By Robert BarbaApril 19 -
After selling a large chunk of its nonperforming assets in the fourth quarter, State Bancorp Inc. in Jericho, N.Y., returned to profitability in the first quarter.
By Robert BarbaApril 18 -
The $5.1 billion-asset company, with dual headquarters in Lansing, Mich., and Phoenix, announced Friday that it had entered into stock redemption agreements with the local owners of Fort Collins Commerce Bank, Larimer Bank of Commerce and Loveland Bank of Commerce.
By Robert BarbaApril 16 -
Four Oaks Fincorp Inc. and a shareholder are engaged in a proxy battle over a proposal to separate the North Carolina company's chairman and CEO roles.
By Robert BarbaApril 15 -
Westamerica Bancorp. of San Rafael, Calif., announced Tuesday that its first-quarter earnings fell 55% from a year earlier, to $23.6 million, as its credit costs remained relatively low but were significantly higher than a year earlier.
By Robert BarbaApril 13 -
First Mariner Bancorp of Baltimore has boosted its common equity by $10.9 million. The $1.38 billion-asset company announced Tuesday that it had raised $3.9 million through a rights offering to existing shareholders, and raised the remaining $7 million in a public stock offering.
By Robert BarbaApril 13 -
With $250 million of capital headed its way, Seacoast Banking Corp. of Florida could make the big leap from survivor to acquirer.
By Robert BarbaApril 12 -
Shareholders were persuaded to double down on PVF because the new chief executive plans to transform the thrift company into a major player in the disrupted Cleveland market.
By Robert BarbaApril 9 -
Pacific Mercantile Bancorp in Costa Mesa, Calif., reported a $6.8 million loss for the fourth quarter, cutting its loss nearly in half from a year earlier, with the improvement primarily driven by a lower provision for loan losses.
By Robert BarbaApril 8 -
PremierWest Bancorp in Medford, Ore., has succeeded in recapitalizing its bank, though a fresh regulatory order has pushed back the target.
By Robert BarbaApril 8 -
With its latest deal, Investors Bancorp Inc. has made strides toward achieving two of its goals: extending its reach to New York City and adding to its commercial loan portfolio.
By Robert BarbaApril 6 -
Charter Bank in Bellevue, Wash., is changing its name to better reflect its mission of serving high-net-worth individuals and their businesses.
By Robert BarbaApril 6 -
Anchor BanCorp Wisconsin Inc. is going back to square one in its recapitalization efforts after its lifeline collapsed — a situation that may be increasingly common for banks in distress.
By Robert BarbaApril 5
