Community banking
Community banking
-
WGNB Corp. in Carrollton, Ga., announced Friday that its second-quarter earnings jumped 20.9% from a year earlier, to just under $2 million.
July 10 -
Two midwestern banks received low Community Reinvestment Act ratings from the Federal Deposit Insurance Corp.
July 10 -
Liberty Savings Bank in Missouri said Friday that it has completed its secondary stock offering, paving the way for a "second-step" conversion from a mutual holding company structure to a 100% stock-owned company.
July 10 -
Patriot National Bank in Stamford, Conn., intends to use its pending purchase of a Manhattan branch as a base for expansion in New York State, said Charles F. Howell, its president and chief executive officer.
July 10 -
Sunshine State Credit Union in Tallahassee, Fla., will try a second time to convert to a mutual savings bank, officials said last week.
July 7 -
PremierWest Bancorp in Medford, Ore., said Thursday that it earned $3.8 million in the second quarter, up 17.5% from the year-earlier period. Diluted earnings per share rose 22%, to 22 cents.
July 7 - Florida
Even in a market as fiercely competitive as Florida, Orion Bancorp Inc. stands out.
July 7 - Ohio
Woodforest National Bank in Texas will ride Wal-Mart's coattails into 70 Ohio stores beginning next month.
July 7 - Illinois
Officials at Centrue Financial Corp. and UnionBancorp Inc. offer a pretty simple explanation for merging the two Illinois companies: being able to operate more efficiently and having deeper pockets to expand.
July 6 -
-
Continuing its aggressive expansion in its home state, Cullen/Frost Bankers Inc. of San Antonio announced Monday that it had agreed to buy the $1.1 billion-asset Summit Bancshares Inc. of Fort Worth for about $366 million in cash and stock.
July 5 -
F.N.B. Corp. in Hermitage, Pa., announced Friday that its president and chief executive, Stephen J. Gurgovits, will step down Dec. 31, 2008.
July 3 - Georgia
Best known as a mortgage lender, Flagstar Bancorp Inc. in Troy, Mich., is trying to make a bigger name for itself in retail banking.
July 3 -
BCSB Bankcorp Inc. of Baltimore announced that it would take an after-tax charge of $6.9 million, or $1.18 a share, for its fiscal third quarter, which ended Friday, because of losses from a check-kiting scheme.
July 3 -
Old National Bancorp, which has not bought a bank since 2000, is embracing the time-tested acquisition strategy of courting potential targets.
June 27 -
‘Career Plaintiff’ at the Ready for Telemarketers
June 26 -





