The $2.4 billion-asset company said late Friday that it had filed a registration with the Securities and Exchange Commission seeking approval to start selling stock in July.

Premier American Bank has become the most aggressive failed-bank buyer in Florida, distinguishing itself from the state's other private investor-backed groups by sticking to deals close to home.

First PacTrust Bancorp Inc. in Chula Vista, Calif., has hired Marangal Domingo to serve as its chief financial officer.

NexBank in Dallas is expanding into correspondent lending for banks and mortgage brokers.

Illustrating the relative health of the nation's farm economy, small banks focused largely on agriculture lending continue to outperform more mainstream banks.

Looking to shore up its capital base, HomeStreet Inc. in Seattle is pursuing a public offering in which it hopes to raise up to $210 million.

SOUTH CHARLESTON, S.C. – South Carolina FCU, chartered as South Carolina National Guard FCU, has joined the Armed Forces Financial Network.

CORINTH, N.Y. – Hudson River Community CU plans to build a $2.8 million operations center that will employ 50 people at the former International Paper Co. site in Corinth.

WASHINGTON — Premier American Bank in Miami picked up another failed institution Friday, assuming the operations of Coastal Bank in Cocoa Beach, Fla.

WASHINGTON — Premier American Bank in Miami picked up another failed institution Friday, assuming the operations of Coastal Bank in Cocoa Beach, Fla.

It takes special circumstances for one bank to foreclose on another, but such an event took place this year, leading to last month's sale of Generations Bank to National Bancorp.

International Bancshares Corp. in Laredo, Texas, said Friday that first-quarter earnings rose 5% from a year earlier, in part because of lower credit costs.

A federal court agreed Thursday to let the National Credit Union Administration submit records under seal, bolstering its case for the April 15 conservatorship of Vensure Federal Credit Union.

Standard & Poor's said late Thursday that F.N.B. Corp. in Hermitage, Pa., has joined its S&P SmallCap 600 index.

The newly chartered United Resources Federal Credit Union in San Dimas, Calif., plans to start soliciting for up to $250 million in new capital, the corporate said on Friday.

First BanCorp in San Juan, Puerto Rico, increased capital ratios slightly in the first quarter, though they remain below the levels mandated by regulators.

It takes special circumstances for one bank to foreclose on another, but such an event took place this year, leading to last month's sale of Generations Bank to National Bancorp.

Republicans are strongly considering using a rare procedural move to prevent President Obama from making a recess appointment to install a director of the Consumer Financial Protection Bureau.

Though analysts keep predicting that a wave of bank consolidation is coming, bankers themselves say there won't be much activity until sellers get real about their asking prices.

Though analysts keep predicting that a wave of bank consolidation is coming, bankers themselves say there won't be much activity until sellers get real about their asking prices.