As they struggle to find new revenue sources, some community banks have latched on to a business line that once was the domain of big banks — mortgage warehouse lending. Community banker said they like the business due to a lower risk profile and because it's a natural fit with past experience in residential real-estate lending.

KeyBank said Wednesday it has appointed Rodney Drake as vice president and coordinator for its program geared towards low-income and underserved customers.

Credit quality is improving at Old Second Bancorp Inc., but the struggling company is still losing money.

Valley National Bancorp in Wayne, N.J., said its third-quarter profit rose 8.3% from the same period last year, as it made more real estate loans.

Entrepreneurs form startups to shake up the industry and bring in new ideas – a mindset that some are saying plays well with the themes behind the Occupy Wall Street protests.

Aided by a sharp drop in problem loans, Synovus Financial Corp. in Columbus, Ga., reported a third-quarter profit of $15.7 million — its first quarterly profit in more than three years.

Roughly 400 banks remain in Tarp, and it's not at all clear how they're going to get out, the special inspector general for Tarp said in a new report.

Cullen/Frost Bankers Inc. said Wednesday that third quarter earnings were nearly flat from a year earlier.

Investors say their appetite for the nation's smallest banks has waned due to market uncertainty, leading more to consider bigger community banks.

Sterling Financial Corp.'s shares jumped 11% Wednesday, to close at $15.02, after the once-embattled Spokane, Wash., company reported its highest quarterly profit in nearly four years.

As hundreds of national banks disappear and community banks increasingly chose a state charter, policymakers must consider the impacts.

Trustmark National Bank in Jackson, Miss., has set up a mortgage lending shop in Birmingham, Ala., to serve its growing retail and wholesale customer base in the state.

The acquisition of a failed bank in July gave Wintrust Financial Corp.'s earnings a strong boost in the third quarter.

Bankers beware. There are a number of industries that are expected to languish even when the U.S. economy starts to recover. As banks try to make loans and spread, these might be good ones to avoid. Economists at IBISWorld note that these industries carry considerable risk and the potential for shrinking revenue.

Flagstar Bancorp Inc. in Troy, Mich., reported a net loss of $14.2 million for the third quarter, a 37% improvement over the same period last year and its smallest quarterly loss since the start of the financial crisis three years ago.

A top political prognosticator said the Occupy Wall Street crowd has a long way to go before they evolve into a political movement on par with the Tea Party.

Hudson City Bancorp Inc.'s third-quarter profit declined more than 32% from the same period last year as historically low interest rates battered its investment portfolio.

The Federal Reserve on Tuesday announced a written agreement with Border Capital Group Inc. in McAllen, Texas.

The deal for Anderen would be the largest open-bank transaction in Florida this year, but its price tag, as measure as a multiple of tangible book value, is much lower than those for comparable banks in other states.

First Midwest Bancorp Inc. in Itasca, Ill., said Wednesday that it had received approval from the Treasury Department to redeem $193 million in preferred stock issued in December 2008 under the Troubled Asset Relief Program.