Community banking
Community banking
- Alabama
Superior Bancorp in Birmingham, Ala., said Tuesday that it swung to a fourth-quarter loss of $11.5 million, from a $1.1 million profit a year earlier.
February 9 - Ohio
First Defiance Financial Corp. in Ohio has revised its fourth-quarter earnings.
February 9 - Michigan
Flagstar Bancorp Inc. in Troy, Mich., came up nearly $200 million shy of its capital-raising goal in a rights offering that expired Monday.
February 9 -
In this age of record bank failures, the deposit/loan model should be shelved for good. Success lies in delivering a wider array of financial services to gain a stronger client bond.
February 9 - California
Hanmi Financial Corp. announced Monday that it has hired the investment bank Cappello Capital Corp. to explore strategic alternatives to satisfy regulators.
February 8 - Wisconsin
Although its thrift unit remains undercapitalized, Anchor BanCorp Wisconsin Inc. in Madison reported improved results for its most recent quarter.
February 8 -
The Obama administration has pledged $30 billion to help community banks boost small-business lending. That has led to a big debate centering on one issue: Should strugglers be eligible?
February 8 - Missouri
Prosperity Bancshares Inc. in Houston announced Monday that it would acquire the 19 branches, including deposits of $500 million and assets of $100 million, from First Banks for a 5.5% deposit premium, or $27.5 million.
February 8 -
WASHINGTON — President Obama on Friday said he wants to expand Small Business Administration guarantees to commercial real estate loans.
February 7 -
Senate Banking Committee leaders said Friday that negotiations on a regulatory reform bill had reached an impasse. We offer the following FAQ about what is really going on.
February 5 -
The FDIC said Community Development Bank would take over operations of 1st American State Bank, which late Friday became the third institution closed in Minnesota this year.
February 5 - Florida
First Southern Bancorp has raised about $400 million to acquire failed banks in the south Florida market. Along with the capital, the company added some well-known bankers.
February 5 -
First Southern Bancorp has raised about $400 million to acquire failed banks in the south Florida market. Along with the capital, the company added some well-known bankers.
February 5 - Oregon
Albina Community Bancorp in Portland, Ore., Friday reported losing $1.8 million in the fourth quarter, compared with a $60,000 loss for the same period in 2008.
February 5 - Pennsylvania
DNB Financial Corp. in Downington, Pa., Friday reported fourth-quarter earnings of $573,000 compared with a loss of $230,000 for the year-earlier quarter.
February 5 -
Albina Community Bancorp in Portland, Ore., Friday reported losing $1.8 million in the fourth quarter, compared with a $60,000 loss for the same period in 2008.
February 5 -
DNB Financial Corp. in Downington, Pa., Friday reported fourth-quarter earnings of $573,000 compared with a loss of $230,000 for the year-earlier quarter.
February 5 - North Carolina
Bank of Granite Corp. of Granite Falls, N.C., said Wednesday that the Nasdaq stock market notified it that it now complies with the exchange's listing rules.
February 4 - Kansas
Capitol Federal Financial of Topeka, Kan., reported Thursday that its fourth-quarter profit rose 32% year over year, to $21 million.
February 4 - Illinois
A Chicago entrepreneur is suing the Federal Deposit Insurance Corp. to win back capital he invested in a bank in the months before it failed.
February 4


