Community banking
Community banking
- Washington
When Pacific Continental says it is going to be picky, it has credibility. After all, the $1.1 billion-asset company in Eugene, Ore., has made only one acquisition since 1972.
March 29 - Florida
WASHINGTON — Four more banks failed Friday night totaling $1.2 billion in assets and costing the Federal Deposit Insurance Corp. an estimated $320 million.
March 28 - Oregon
PremierWest Bancorp in Medford, Ore., is extending its public stock offering by two days to April 2. The $1.56 billion-asset company started the offering last Monday to raise $17.3 million.
March 26 - Michigan
Flagstar Bancorp Inc. in Troy, Mich., has priced the $250 million common equity offering it announced earlier this month.
March 26 -
Community banks have a new way to find potential employees. The Independent Community Bankers of America this month launched the Community Bank Career Center, a national database of resumes and job postings.
March 26 -
Community banks have a new way to find potential employees. The ICBA this month launched the Community Bank Career Center, a national database of resumes and job postings.
March 26 - California
The Federal Reserve on Thursday issued enforcement actions against two bank holding companies.
March 26 - Ohio
PVF Capital Corp. in Solon, Ohio, is expected to amass an additional $30 million of capital by today to combat its growing pool of problem assets.
March 25 - Illinois
Accountants for Amcore Financial Inc. of Rockford, Ill., said its future is in doubt.
March 25 - Montana
In only the second bank IPO since mid-2007, a Montana company's shares debuted on the Nasdaq this week. Analysts say the initial public offering from First Interstate BancSystem Inc. of Billings, which raised $145 million Wednesday, is another sign that the capital markets are thawing and companies are starting to take advantage of that.
March 25 -
Banks and credit unions are preparing for an unusual phenomenon — the midmonth payday on Sunday, Aug. 15, when millions of consumers may learn the hard way they were supposed to have opted-in for overdraft protection on their checking accounts.
March 25 - Montana
An initial public offering of shares of First Interstate BancSystem Inc. in Billings, Mont., debuted at $16 on the Nasdaq Wednesday, up 10.3% from the price Tuesday night.
March 24 -
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Seacoast Banking Corp. of Florida in Stuart has revised its fourth-quarter earnings, widening its loss.
March 24 - Oregon
With a regulatory order headed its way, PremierWest Bancorp is trying to get out in front of its capital problems. The $1.56 billion-asset company in Medford, Ore., announced Monday that it would try to raise as much as $17.3 million in capital through a public stock offering.
March 24 -
Including nonbanks in the Consumer Financial Protection Bureau is an important first step toward rationalizing the regulatory system and ensuring it accurately reflects how consumers conduct their financial business.
March 24 - South Carolina
Since calling off a round of capital-raising last fall, Citizens South Banking Corp. has adopted a more opportunistic approach to raising funds.
March 23 - Michigan
Monarch Community Bancorp Inc. of Coldwater, Mich., had a loss of $17.5 million in the fourth quarter, more than five times its loss a year earlier.
March 23 - Michigan
Dearborn Bancorp Inc. in Michigan has increased its loan-loss provision by 435% for the fourth quarter, leading to a loss of $5.8 million for the quarter rather than earnings of $4.2 million as previously reported.
March 23




