The Buffalo, N.Y., company is content to book loans and cut costs rather than expand aggressively with acquisitions.

Mutuals are evaluating proposed legislation that would create a new type of preferred stock and create a federal charter that allows for more commercial lending.

Shares of City National rose slightly Friday after the Los Angeles company reported strong first-quarter loan growth and good expense management.

Computers, as fast that they may be, fail to provide depositors with the same quality service as the NCR 2000.

Americans are more hopeful about the housing market than they have been in six years. Fifty-one percent of Americans expect average home prices in their area to rise in the coming year, according to a survey released Thursday by Gallup.

First Niagara Financial Group (FNFG) in Buffalo, N.Y., generated higher earnings in its first quarter since the ouster of its chief executive.

National Penn Bancshares in Boyertown, Pa., lost more than $17 million in the first quarter after restructuring its debt.

TCF Financial Corporation (TCB) in Wayzata, Minn., missed analysts' first-quarter estimates as a service charges and fees declined.

Taylor Capital Group's quarterly profit rose as revenue from its mortgage-banking operations remained strong.

A rise in fee income and interest lifted first-quarter results at Colony Bankcorp (CBAN) in Fitzgerald, Ga.

A lack of growth in core deposit-taking and lending in the first quarter bodes ill for an industry that's still struggling to regain its post-crisis footing. The disappointing numbers are likely to intensify banks' push to expand into businesses like wealth management and auto lending.

SunTrust Banks in Atlanta relied heavily on expense cuts to generate higher earnings compared with a year earlier.

CrossFirst Holdings in Leawood, Kan., has agreed to buy Tulsa National Bancshares in Oklahoma.

Falling revenue and a shrinking loan portfolio weighed on Capital One Financial's (COF) profits in the first quarter.

The executive suite at Texan Bank in Sugar Land, Texas, has become a family affair. The $80.7 million-asset bank recently named veteran banker Kenneth Koncaba Jr. chief executive officer.

California lawmakers have defeated a proposal aimed at reducing the size of the state's payday lending industry. A state Senate committee rejected the measure by a 5-3 vote Wednesday even after its author agreed to changes designed to soften the bill's impact.

B of A just recorded its lowest provision for buybacks of bad mortgages in years, and JPMorgan Chase has been reducing its reserves, but most claims from private investors are unresolved.

Salem Five Cents Savings Bank has set up a fund to support the family of Martin Richard, the 8-year-old boy killed in the Boston Marathon bombing.

As expected, the U.S. House of Representatives on Thursday passed a controversial bill that aims to bolster the nation's defenses against cyber threats.

Hanmi Financial in Los Angeles has inked major leaguers Hyun-Jin Ryu and Shin-Soo Choo to multiyear marketing deals to attract Korean-American consumers and baseball fans in general.