Central Pacific Financial (CPF) said Thursday that first-quarter earnings rose 191% from a year earlier, to $13.5 million, as it reduced nonperforming assets and decreased the amount of chargeoffs.

Sun Bancorp (SNBC) has more than doubled the size of its New Jersey home mortgage team by hiring 50 former MetLife (MET) employees for its residential lending division.

American Banker apparently feels duty-bound to publish a story whenever it learns of a credit union that is not supporting the industry’s effort to enact legislation raising the cap that now constrains credit unions' ability to lend to small businesses ("Third Credit Union Dissents on Business Lending Bill," April 23).

MADISON, Wis. – Summit CU plans to tear down its existing branch in West Allis and replace it with a new, 14,000-square-foot building.

ROCK HILL, S.C. – Family Trust FCU yesterday unveiled plans to build a $7-million, 36,000-square-foot administrative headquarters on the site of its existing branch here.

Western Union plans to offer prepaid card rewards to boost the use of its money transmitter services.

Chrysler Group LLC notified Ally Financial Inc. on Wednesday that it won't renew its partnership, raising the likelihood that it could establish its own in-house lending arm to better compete in the U.S. market.

The Columbus, Ga., bank is a constant subject of M&A speculation. First-quarter results suggest it could go it alone for a while, but accounting, capital-raising and earnings challenges may be hard to overcome long term, experts say.

Sterling Financial (STSA) said after markets closed Wednesday that its first-quarter net income rose 146% from the same period last year, to $13.3 million, due primarily to a growth in loan balances, lower funding costs and improved asset quality.

The social network just wants to know everything about the consumer. Payments happen to be the best way for people to show they really "like" a product.

Solid revenue growth and a continued decline in problem loans helped boost Trustmark's first-quarter profit by 27% over the same period last year, to $30.3 million.

Smaller banks are struggling to keep efficiency ratios down, forcing many bankers to look at closing more branches and laying off more employees.

Bank of America, Wells Fargo, JPMorgan Chase and BB&T will still be standing a decade from now, BB&T CEO Kelly King says. His list omits a number of other prominent players, including Citigroup.

Bank CEOs' commentary on the first quarter had it all. Some were candid about their motivations, some were more upbeat than others, and some wished the questions would stop.

Buoyed by stronger credit quality and higher mortgage banking income, Lakeland Financial (LKFN) of Warsaw, Ind., reported record first-quarter income of $8.6 million, up 45% from a year earlier.

A surge in mortgage lending combined with improved asset quality and expense control led the embattled First Mariner Bancorp in Baltimore to its first profitable quarter in more than five years for the quarter that ended March 31.

Cullen/Frost Bankers (CFR) in San Antonio posted record profits in the first quarter as strong deposit growth and sharply improved asset quality more than offset a declining net interest margin and a dip in fee income.

William Lansing, the new chief executive of credit score giant Fair Isaac, discusses his relatively weak appetite for deal-making and defends the reputation of the FICO score.

Twitter and Facebook audiences are tough nuts to crack, but the social media channel posing the biggest challenge to banks may be YouTube.