Commerce National Bank in Newport Beach Calif., on Monday posted a first-quarter profit that it credited largely to balance sheet growth.

Chemical Financial Corp. in Midland, Mich., said an acquisition helped its first-quarter earnings were more than triple from a year earlier.

Community National Bank in Great Neck, N.Y., said improved net interest income was instrumental in its posting a first-quarter profit of $623,000, compared with a $134,000 profit a year earlier.

Bank of Hawaii Corp. in Honolulu said Monday that its first-quarter earnings rose 4.4% from a year earlier, to $42.4 million.

The Justice Department has seized accounts of 31 banks as part of an investigation into illicit online poker bets.

The concept of bankruptcy as a surefire step toward recapitalization isn't always so surefire. Take the case of Nexity Bank.

Six banks in four states met their demise and two new banks were chartered in their ashes in perhaps the busiest night the Federal Deposit Insurance Corp. has had so far in 2011.

Six banks in four states met their demise and two new banks were chartered in their ashes in perhaps the busiest night the Federal Deposit Insurance Corp. has had so far in 2011.

Profitability at community banks is still mostly dependent on lower credit costs, and the whispers aren't about organic loan growth, but about stealing market share from others.

Profitability at community banks is still mostly dependent on lower credit costs, and the whispers aren't about organic loan growth, but about stealing market share from others.

Vensure Federal Credit Union in Mesa, Ariz., was taken under conservatorship Friday by the National Credit Union Administration.

Independent Bank Corp. in Rockland, Mass., reported that first-quarter earnings rose 21.3% from a year earlier, to $11.2 million, as credit costs waned and noninterest income rose.

Bank Mutual Corp. in Milwaukee returned to the black with first-quarter earnings of $1 million, after it reported a $76.4 million loss in the fourth quarter tied to a balance sheet restructuring.

Pacific Commerce Bank in Los Angeles said Friday that its chief executive has resigned to return to practicing law.

Webster Financial Corp. in Waterbury, Conn., on Friday reported a $33.5 million first-quarter profit, compared with a $6 million loss a year earlier, as credit costs subsided.

First BanCorp in San Juan, Puerto Rico, said late Thursday that the Treasury Department has given it more time to raise capital.

State Bancorp Inc. in Jericho, N.Y., reported first-quarter results that were modestly higher from a year earlier, at $3 million.

Prosperity Bancshares Inc. in Houston said Thursday that its first-quarter net earnings rose 9% from a year earlier, to $33.9 million, largely because of double-digit increases in loans and deposits.

Commerce Bancshares Inc. in Kansas City, Mo., reported a 37% increase in first-quarter earnings from a year earlier, to $60.5 million, because of a dramatic drop in credit costs.

Wintrust Financial Corp. in Lake Forest, Ill., has acquired certain assets and liabilities of River City Mortgage LLC, a mortgage bank in Bloomington, Minn.