John Koelmel touts quarterly profit in interview, but merger and integration costs weighed on the Buffalo bank — and more are on the way.

Suffolk Bancorp in Riverhead, N.Y., said late Wednesday that it has a new accounting firm.

Astoria Financial Corp. in Lake Success, N.Y., said late Wednesday that its fourth-quarter profits fell 50% from a year earlier, to $11.8 million, because of decreases in average interest-earning assets.

Susquehanna Bancshares Inc. in Lititz, Pa., reported Wednesday that its fourth-quarter earnings nearly doubled from a year earlier, to $19.1 million, on improvements in areas such as lending, fee income and a reduction of problem assets.

John Keach Jr., the chairman and CEO of Indiana Community Bancorp, which agreed to sell to a rival this week, speaks for many bankers in ticking off the threats to going it alone as a community bank — and explains why his bank decided it had to get out now.

Buoyed by a lower loan-loss provision, Lakeland Financial Corp. in Warsaw, Ind., said Wednesday that its fourth-quarter profits rose 43% from a year earlier, to $8.3 million.

Umpqua Holdings Corp. in Portland, Ore., said late Wednesday that its fourth-quarter profit was nearly triple that of a year earlier, due largely to improved asset quality.

S.Y. Bancorp Inc. in Louisville, Ky., reported Wednesday that its fourth-quarter profits climbed 5% from a year earlier, to $6.3 million, because of tax adjustments.

Tompkins Financial Corp. in Ithaca, N.Y., reported higher quarterly and annual earnings on Wednesday despite mounting pressure in its net interest margin.

Popular Inc.'s management deemed 2011 a "turnaround" year as the San Juan, Puerto Rico, while projecting an even better 2012.

Bank of the James Financial Group Inc. in Lynchburg, Va., said that its common stock began trading on the Nasdaq Capital Market exchange on Wednesday.

First Midwest Bancorp Inc. in Itasca, Ill., swung to a profit in the fourth-quarter, after losing more than $30 million a year earlier.

Earlier this month, Citi announced the expansion of its popular "thankyou" program with a new Facebook app. If the number of likes (185,000 and counting) on Citi's page is any indication, it appears Citi has found a compelling way to engage its youngest and most fickle customers in the place they spend most of their digital time.

The Michigan company reported its fourth straight annual loss, despite a dogged attempt to harness problem credits.

Bank of Kentucky Financial Corp. in Crestview Hills will be looking for a new chairman after Rodney Cain informed the company that he is stepping down from its board.

Cullen/Frost Bankers Inc. in San Antonio said Wednesday that its fourth-quarter earnings rose 4% from a year earlier, due to improvements in credit quality and earning assets.

New York Community Bancorp Inc. in Westbury, N.Y., reported Wednesday that fourth-quarter profits fell more than 21% from a year earlier, to $117.7 million, due largely to a decline in noninterest income.

BillFloat Inc., a provider of credit and underwriting services, has hired a community banking veteran as a senior advisor.

UMB Financial Corp. in Kansas City, Mo., on Wednesday reported $23.3 million in fourth-quarter profits, up 22% from a year earlier but falling short of expectations.

The Treasury Department said Wednesday it has completed the sale of pools of securities backed by small business loans, marking the end of another piece of the Troubled Asset Relief Program.