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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The president of Frontier Financial Corp.'s bank unit said he was fired for trying to use vacation time.
April 4 -
The future of two large community banks in the Midwest is in jeopardy after regulatory orders that require the banks to raise capital quickly or find a buyer.
March 31 -
Working out a problem loan is never easy, but it becomes quite a bit tougher when a troubled bank is the only underlying collateral.
March 30 -
Atlantic Coast Federal Corp. has recruited veteran banker Jay S. Sidhu to its board.
March 29 -
PremierWest Bancorp in Medford, Ore., is extending its public stock offering by two days to April 2. The $1.56 billion-asset company started the offering last Monday to raise $17.3 million.
March 26 -
Flagstar Bancorp Inc. in Troy, Mich., has priced the $250 million common equity offering it announced earlier this month.
March 26 -
PVF Capital Corp. in Solon, Ohio, is expected to amass an additional $30 million of capital by today to combat its growing pool of problem assets.
March 25 -
Accountants for Amcore Financial Inc. of Rockford, Ill., said its future is in doubt.
March 25 -
With a regulatory order headed its way, PremierWest Bancorp is trying to get out in front of its capital problems. The $1.56 billion-asset company in Medford, Ore., announced Monday that it would try to raise as much as $17.3 million in capital through a public stock offering.
March 24 -
Dearborn Bancorp Inc. in Michigan has increased its loan-loss provision by 435% for the fourth quarter, leading to a loss of $5.8 million for the quarter rather than earnings of $4.2 million as previously reported.
March 23 -
For the second time, BankAtlantic Bancorp Inc. in Fort Lauderdale, Fla., has extended an offer to buy its trust-preferred securities back from its holders.
March 23 -
Citizens South Banking Corp. of Gastonia, N.C., has raised $15 million to help finance its takeover of the failed Bank of Hiawassee.
March 22 -
With regulators pushing for larger provisions for loan losses at its two most troubled banks, Capitol Bancorp Ltd. has revised its 2009 results.
March 22 -
Roma Financial Corp. in Robbinsville, N.J., announced Thursday that it has agreed to acquire the struggling Sterling Banks Inc. of Mount Laurel, N.J., for $14.7 million in cash, or $2.52 per share.
March 18 -
Royal Bancshares of Pennsylvania Inc. reported on Thursday a fourth-quarter loss of $10.1 million and that it is has entered into a written agreement with the Federal Reserve Bank of Philadelphia.
March 18 -
ShoreBank Corp. in Chicago announced Wednesday that veteran Chicago banker David Vitale is set to become its executive chairman should it raise the capital it needs.
March 17 -
With four of the Pacific Northwest's larger community players warning that they may not survive, the region is solidifying its reputation as a hub for problem banks and failures.
March 17 -
Gary L. Nalbandian, the Harrisburg, Pa., company's president and chief executive, said it will expand organically after its bid for Republic First Bancorp Inc. in Philadelphia collapsed.
March 16 -
Metro Bancorp in Harrisburg, Pa., has called off plans to buy Republic First Bancorp in Philadelphia.
March 15 -
Capitol Bancorp Ltd. said Monday that it has a stock redemption agreement with USNY Bank to sell its 51% interest in the $64 million-asset bank.
March 15
