After sitting on a mountain of capital for nearly seven years, Kearny Financial Corp. of Fairfield, N.J., announced late Tuesday that it has agreed to buy Central Jersey Bancorp for $72.3 million in cash.

Hanmi Financial Corp. of Los Angeles has finally found the capital it needs, but its source — an entity largely owned by the South Korean government — may give regulators pause.

Only those organizations that look broadly at what is happening to form an appropriate strategy and integrate that strategy into a plan for implementation can thrive in this environment.

Well-designed regulations can help protect consumers from the harm that markets can do but regulations don't rebuild reputations. Values do.

Kearny Financial Corp. agreed to acquire Central Jersey Bancorp for $72.3 million, a deal which will help Kearny expand in central New Jersey and add to its community banking expertise.

Fidelity Southern Corp. in Atlanta said Tuesday that it plans to sell up to $57.5 million in new shares to raise capital partly for growth.

Horizon Bancorp. Inc. in Bradenton, Fla., is hoping a last-minute private placement will keep its critically undercapitalized bank from failing.

The Small Business Administration will run out of funds this week for two successful lending initiatives, which have reduced fees for borrowers and lenders and raised loan guarantees.

ShoreBank is important because it is there in good times and bad for ordinary working people who want to expand a small business or just cash a check without being ripped off.

Sterling Financial Corp. in Spokane said Monday it has reached an agreement in which it will receive a combined $278 million from Warburg Pincus LLC and Thomas H. Lee Partners LP as it continues with a recapitalization effort.

While all of the big banks have repurchased or converted preferred stock, and two-thirds of the regionals have followed suit, community banks are expected to hold the vast majority of unpaid Tarp funds on their balance sheets by the program's two-year anniversary.

Oneida Financial Corp. of New York said it has received conditional regulatory approval to commence its second-step conversion from a mutual to a stock company.

NorCal Community Bancorp of Alameda, Calif., posted a $2 million first-quarter loss, compared with net income of $340,000 a year earlier.

The thrift industry reported a $1.82 billion profit in the first quarter, the third consecutive quarterly profit since the financial crisis began, the Office of Thrift Supervision said Monday.

Nine months after it unsuccessfully sought to raise capital in the public market, Hampton Roads Bankshares Inc. in Norfolk, Va., has persuaded private-equity firms to get on board.

Small business entered the recession with too much leverage compared with big business, some economists argue, and, in some respects, their debt burdens have gotten worse.

Losses at corporate credit unions continue to pile up at an accelerated pace, raising doubts about their ability to continue as "going concerns."

The FDIC said Coulee Bank in La Crosse, Wisc., will acquire the operations of the $61 million-asset, state-chartered Pinehurst Bank in St. Paul, Minn.

The FDIC said Coulee Bank in La Crosse, Wisc., will acquire the operations of the $61 million-asset, state-chartered Pinehurst Bank in St. Paul, Minn.

Often finding the start-up route clogged, former bank executives looking to restart their careers are finding ready re-entry platforms via small-bank acquisitions.