Community banking
Community banking
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Flagship Community Bank in Florida is facing pressure from its biggest shareholder to sell itself, either for cash or stock in a publicly held buyer. Management, however, believes the bank will fetch a better price if given time to improve profitability.
May 20 -
Scale is the goal of many banks dealing with compliance costs and revenue constraints. Success requires investing in management and systems without sacrificing culture.
May 20 -
National Commerce in Birmingham, Ala., has issued $25 million in subordinated debt.
May 20 -
State Bank in Atlanta convinced a jittery seller to work out a deal by promising to do an all-cash purchase if its own stock faltered.
May 20 -
Severn Bancorp in Annapolis, Md., has partially redeemed outstanding shares tied to the Troubled Asset Relief Program.
May 20 -
California Bank of Commerce in Lafayette has raised $9 million to help it exit the Small Business Lending Fund.
May 20 -
First Citizens BancShares in Raleigh, N.C., has agreed to buy Cordia Bancorp in Midlothian, Va.
May 20 -
American Banker readers share their views on the most pressing banking topics of the week. Comments are excerpted from reader response sections of AmericanBanker.com articles and our social media platforms.
May 20 - Illinois
A former head of the U.S. unit of Dutch-owned insurance company Aegon has been named chairman of a community bank in Illinois.
May 19 -
A new Labor Department regulation designed to make more American workers eligible for overtime pay stands to add costs and slow hiring at community banks.
May 19 -
Banc of Californias shareholders delivered a pair of rebukes for the Irvine companys management.
May 19 -
UMB Financial took its lumps last year when its funds management business suffered from large outflows. The challenge prompted UMB to tighten up on expenses and rely more on revenue tied to its balance sheet.
May 19 -
With the nominees likely clear for the Republican and Democratic presidential tickets, speculation has turned to whom Donald Trump and Hillary Clinton could pick as their running mates. A number of those names mentioned are key figures on financial policy. Following are some of the top possible picks.
May 19 -
Banks need to be self-critical in evaluating a growth strategys chance of success while realizing that its hard to rebound from a growth failure.
May 19 -
State Bank Financial in Atlanta has agreed to buy S Bankshares in Glennville, Ga.
May 19 -
The financial services sector would benefit from companies banks included submitting dedicated disclosures on the impact of climate change.
May 19 -
The $420 million-asset company said in a press release Thursday that Keith Costello, who formed Broward Bank of Commerce in Fort Lauderdale in 2009, will succeed Ken LaRoe as chief executive of First Green Bank.
May 19 -
Simmons First National in Pine Bluff, Ark., has agreed to buy Citizens National Bancorp in Athens, Tenn.
May 18 -
Gerard Champi is getting a vowel upgrade. He will be promoted to CEO from COO of First National Community Bancorp in Dunmore, Pa., this summer, according to a company news release.
May 18 -
A study commissioned by the Massachusetts Bankers Association found a correlation between a spike in credit unions with low-income designations and an increase in member business lending in the state.
May 18








