Community banking
Community banking
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United Community Financial's (UCFC) third-quarter loss tripled from last year after a $33 million charge related to a bulk loan sale. The Youngstown, Ohio, company reported a loss of $26.9 million, compared with an $8.9 million loss a year earlier.
November 13 -
Internal governance policies should define for shareholders, employees and the public how the bank plans to effectively manage the stated risk appetite.
November 13 -
Some banks bucked the trend and others buckled under it. Overall, about two-thirds of publicly listed banks posted quarter-over-quarter declines in margins during the most recent round of earnings reports.
November 12 -
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The hurricane's effects have been "really tough for small-business owners," says Ginger Siegel, a longtime business banker and senior executive at PNC.
November 12 -
The old concept of real interest rate return is virtually nonexistent. Banks face temptation to reach for extra yield by taking more risk.
November 12 -
Polonia Bancorp in Huntingdon Valley, Pa., has finished its stock offering and second-step conversion to a stock-owned company.
November 12 -
Privately owned banks do not report to the SEC, but they can face challenges if they need capital. This list looks at banks with a physical retail presence and stock that cannot be readily traded on a stock exchange.
November 12 -
Investors Bancorp (ISBC) will cut 31 jobs at Marathon National Bank of New York, about a month after it completed its acquisition of the formerly Greek-owned bank.
November 12 -
Sun Bancorp in Vineland, N.J., has lured a veteran financial executive from Customers Bancorp in Wyomissing, Pa., hiring Thomas R. Brugger as the CFO of its Sun National Bank subsidiary.
November 12 -
Fred Rowden, the chief executive of 1st Capital Bank in Monterey, Calif., has died.
November 12 -
Comparable store growth is the core of any great retailer. If you cannot grow your existing stores, you do not deserve to expand.
November 12 -
Banks shouldn't go to extremes to make up for declining earnings, Comptroller of the Currency Thomas Curry said Friday.
November 9 -
The board of 1st Mariner Bancorp has withdrawn from a long delayed securities purchase agreement with a New York investment firm that would have injected badly needed capital into the Baltimore company.
November 9 - North Carolina
First Citizens BancShares (FCNCA) in Raleigh, N.C., postedlower third-quarter profit from the same period last yearafter recording a gain from an acquisition.
November 9 - California
CVB Financial in Ontario, Calif., announced Friday that co-founder John Borba would retire from its board on Nov. 30.
November 9 -
Small banks won a critical battle Friday as regulators agreed to indefinitely delay implementation of Basel III until various issues with a proposal can be resolved.
November 9 -
The looming fiscal cliff has spurred Southside Bancshares of Tyler, Tex., to pay out more of its profits to shareholders.
November 9 -
Fed Gov. Elizabeth Duke said heightened burden from Dodd-Frank and Basel rules could make mortgage lending a less viable option for community banks, which make up a "significant" portion of the market.
November 9 -
Stifel CEO Ronald Kruszewski and KBW CEO Thomas Michaud discuss how the two investment banks complement each other and give their outlook on bank M&A.
November 9



