Texas Capital Bancshares (TCBI) in Dallas posted lower quarterly income due to a spike in expenses.

Sen. Bob Corker, R-Tenn., a co-author of housing finance legislation, urged the House and Senate to pass their bills that offer different replacements for Fannie and Freddie. The bills can be reconciled in negotiations later, he said.

Slowly but surely, community banks have been lending out more of the deposits they take in, a healthy sign for the industry’s profitability.

Fee income and better credit quality helped First Merchants Corp. in Muncie, Ind., beat its second-quarter estimates.

Normally low-profile PacWest CEO Matt Wagner could get a night gig emceeing roasts or appearing at an L.A. comedy store, a sometimes-lighthearted conference call revealed this week.

Citigroup and Wells Fargo are laying off hundreds of mortgage workers, as the boom in home loan refinances starts to taper off. The job cuts are a familiar story for the cyclical mortgage business, but they signal more bad news for the banks that have seen refis as a bright spot amid lackluster sources of revenue.

Columbia Banking System in Tacoma, Wash., reported higher quarterly earnings.

The former First PacTrust has hired ex-L.A. Mayor Antonio Villaraigosa as a senior advisor and made Magic Johnson Enterprises executive Eric Holoman a director and head of its new community reinvestment panel.

United Community Banks in Blairsville, Ga., reported a huge profit after a tax reversal allowed it to purge its balance sheet of bad loans.

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Bank of America has added two veteran bankers, Clayton Rose and Pierre de Weck, to its board of directors.

Berkshire Hills Bancorp in Pittsfield, Mass., is planning a comprehensive review designed to reduce core operating costs.

SOUTH SIOUX CITY, Neb. – Siouxland FCU will take over a site that is being vacated by Home Federal Savings Bank at the Dunes General Store in Dakota Dunes.

FORT WAYNE, Ind. – 3Rivers FCU has completed a 26,000-square-foot corporate office, which includes a renovated branch.

Officials with the Consumer Financial Protection Bureau, the Federal Deposit Insurance Corp. and a Maine state regulator said they would look into more stringent disclosure requirements and other measures for payday loan-type products.

Univest Corp. of Pennsylvania in Souderton will start next year with a new chief executive.

New York Private Bank & Trust, the parent company of Emigrant Bank, has fully repaid its Troubled Asset Relief Program funds.

BNCCorp in Bismarck, N.D., has appointed an interim leader after Gregory Cleveland, the $798 million-asset company's chief executive, died Tuesday after a sudden illness. He was 65.

Carol Galante, the commissioner of the Federal Housing Administration, told lawmakers discussing broad reforms to the housing agency that more targeted action is needed in the short term to repair the FHA's reverse mortgage program.