Community banking
Community banking
- Michigan
Community Central Bank Corp. of Mount Clemens, Mich., is buying River Place Financial Corp., a small, nondepository trust company.
February 17 - Georgia
Capital City Bank Group Inc. in Florida is eager to buy banks, but it's picky.
February 16 -
Seacoast Banking Corp. of Florida said its fourth-quarter earnings fell 44% from the same period in 2003, to $3.7 million. Full-year earnings rose 6.7%, to $14.9 million.
February 16 -
The Bank Holdings, a four-year-old community banking company in Reno, reported its first-ever annual profit Tuesday - $281,000.
February 16 -
In half a century of speaking, teaching, and consulting I have given a lot of advice and made many predictions. Sometimes I was on the money, but much of what I said still embarrasses me when I think of it.
February 16 - Utah
Utah bankers are supporting a proposal to eliminate state corporate income taxes - but on the condition that it would result in more jobs.
February 15 - Washington
Even at a bargain-basement price, Abigail Adams National Bancorp's stock deal for Consolidated Bank and Trust Co. in Richmond, Va., could be viewed as a gamble.
February 15 -
Mackinac Financial Corp. of Manistique, Mich., said Monday that state and federal regulators had terminated the provisions of the cease-and-desist order issued to its North Country Bank and Trust.
February 15 -
Community Bancshares Inc. of Orangeburg, S.C., said Friday that four large loans booked by one loan officer and classified as nonperforming during the fourth quarter helped spoil its results for the quarter and the year.
February 14 -
Home equity loans and lines of credit continue to grow in popularity, and banks have gradually gained an edge in consumer lending by pushing those products.
February 14 -
Two Indiana banking companies that had planned to merge have terminated the deal, because the Federal Reserve Board has to yet review their application.
February 14 - Oregon
Over the past several years West Coast Bancorp in Lake Oswego, Ore., has been bulking up in the state's fastest-growing cities by adding more branches and commercial lenders to attract more business customers.
February 14 -
Exchange National Bancshares Inc. of Jefferson City, Mo., said Friday that its 2004 earnings dropped by nearly 10% from a year earlier, to $8.3 million.
February 14 -
Publicly traded community banks and thrifts looking to go private to avoid regulatory headaches could find themselves butting heads with shareholders.
February 11 -
The Federal Reserve Board and the Federal Deposit Insurance Corp. announced a joint enforcement order Thursday against Charles Kushner, the owner of the $622 million-asset NorCrown Bank in Livingston, N.J.
February 11 -
Rep. Nydia Velazquez, D-N.Y., introduced an amendment Thursday at a House Small Business Committee hearing that would have restored the credit subsidy that used to fund loan losses incurred by the Small Business Administration's 7(a) program.
February 11 -
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Franklin Bank Corp. of Houston’s full-year earnings rose a whopping 624% from a year earlier, to $23.3 million.
February 10 - Florida
TIB Financial Corp.’s recent growth in southwest Florida may reflect good planning, but Edward V. Lett, its president and chief executive officer, says luck helped.
February 10





