Community banking
Community banking
- California
Pacific Mercantile Bancorp said Tuesday that it has entered into agreements with its regulators to improve credit quality and boost capital.
September 7 -
First National Bank of Omaha is offering a rewards program from Cardlytics that lets customers access merchant offers through First National's FNBO Direct online banking service.
September 7 -
Pacific Mercantile Bancorp said it has reached agreements with state and federal regulators to take actions to address loan performance and improve its operating results while raising capital levels.
September 7 - Texas
The Austin community bank service provider BancVue has purchased the credit card portfolio of the failed Silverton Bank from the Federal Deposit Insurance Corp.
September 3 - Indiana
Indiana Business Bancorp in Indianapolis swung to a loss in the second quarter as its provision spiked. The $89.9 million-asset company reported a loss of $484,678, or 32 cents a share, after reporting net income of $37,907, or 3 cents a share, a year earlier.
September 3 - Virginia
Eastern Virginia Bankshares of Tappahannock said Friday that it is consolidating two branches in King William County.
September 3 - Oklahoma
The $4.6 billion-asset institution, which has acquired more than 20 Oklahoma banks since it opened in 1989, announced its third acquisition deal of the year Thursday.
September 3 - New Mexico
First State Bancorp. in Albuquerque confirmed that its banking subsidiary was in discussions with potential investors about a recapitalization.
September 3 -
Premier Financial Bancorp Inc. has decided that even for community banks that value local identity, bigger might just be better.
September 3 - Pennsylvania
Donegal Financial Services Corp. and Union National Financial Corp. said they have amended their acquisition agreement after Donegal Financial's stock price fell $3.86 a share since the deal was announced in April.
September 2 - Georgia
Atlantic Coast Federal Corp. in Waycross, Ga., has appointed veteran banker Jay S. Sidhu as executive chairman of its Atlantic Coast Bank unit, a move that could help the company complete its second-step conversion.
September 2 - Florida
Operating a community bank in foreclosure-ravaged South Florida is challenging. Starting one just before the financial crisis hit is even more so.
September 2 - Maryland
Old Line Bancshares Inc. in Bowie, Md., plans to acquire Maryland Bankcorp Inc. in a cash-and-stock deal valued at $20 million.
September 2 - Georgia
Atlantic Coast Federal Corp. in Waycross, Ga., has appointed veteran banker Jay S. Sidhu as executive chairman of its thrift, mirroring a position he has held at the company since May.
September 2 - Connecticut
Patriot National Bancorp Inc. in Stamford, Conn., has extended the deadline for its recapitalization deal for a second time.
September 1 - Colorado
The Office of Thrift Supervision has denied United Western Bancorp Inc.'s request to make payments on its line of credit with JPMorgan Chase & Co.
September 1 -
- Maryland
Premier Financial Bancorp Inc. in Huntington, W.Va., plans to roll up five of its unit banks into one. The $1.1 billion-asset multibank holding company said Tuesday it would merge these units: Boone County Bank in Madison, W.Va.; First Central Bank in Philippi, W.Va.; Traders Bank in Ravenswood, W.Va.; Adams National Bank in Washington; and Consolidated Bank and Trust in Richmond, Va. The combined entity would have $800 million of assets.
September 1 -
The banker-examiner relationship has not been this strained for 20 years, but a provision in the Dodd-Frank Act will alleviate some pressure on the examiners.
September 1 -
The bottom line: If bankers want to change their exams they will have to go toe to toe with their examiners, pointing out specifically what they deem unreasonable. Bankers will have to take their complaints up the chain of command.
September 1


