Century Bancorp Inc. in Medford, Mass., reported on Tuesday that its first-quarter earnings rose 9% from a year earlier, to $3.7 million.

Premier Financial Bancorp in Huntington, W.Va., has consolidated five of its banks into one that it has branded Premier Bank.

Many of these young banks are treading water, at best, waiting for the elusive rebound while coping with higher compliance costs.

Success of the Office of Financial Research is critical to curbing TBTF, and if it flops, the next set of solutions may be much harsher than living wills and orderly liquidation authority.

An analysis of local deposit share reveals which regional banking companies have the strongest positions across the markets in which they operate.

An estimated 515 different collection agencies and creditors were sued between March 16-31, the highest half-month period thus far in 2011 and up from 417 sued between March 1-15, according to data from U.S. District Courts.

Chemung Financial Corp. in Elmira, N.Y., has completed its acquisition of Fort Orange Financial Corp. in Albany, N.Y.

Tower Bancorp Inc. in Harrisburg, Pa., said last week that its chief financial officer had returned from a medical absence.

State regulators last Friday approved a request by Bellco Credit Union in Greenwood Village, Colo., to expand in order to serve all 610,000 residents of Denver County.

Hancock Holding Co. in Gulfport, Miss., said Monday that Nasdaq Stock Market Inc. notified it last week that it had failed to comply with a rule dealing with director independence.

Camden National Corp. in Maine has formed an executive management team. The five-officer team reports to Gregory Dufour, the $2.3 billion-asset company's president and chief executive.

Suffolk Bancorp in Riverhead, N.Y., said Tuesday that is overhauling its lending operations after reporting a big first-quarter loss.

Intervest Bancshares Corp. in New York posted a first-quarter profit after reporting a loss a year earlier. The $2 billion-asset company reported a profit of $1.7 million, or 8 cents a share, compared with a loss of $2.9 million, or 35 cents a share, a year earlier.

The Federal Reserve Board on Tuesday announced enforcement actions against two banks.

G. Kennedy Thompson, a former chairman and chief executive of Wachovia Corp., will join the board of BNC Bancorp in High Point, N.C.

CHELSEA, Mass. – Metro CU, in the process of acquiring nearby University FCU, is opening a new Boston branch next month, representing an expanded presence in the city by the $800 million credit union based in Boston’s working neighborhood of Chelsea.

There are 7,604 banks and thrifts in this country, and the core mission of nearly all of them is to lend locally. As currently structured, however, nearly 40% of these institutions are barred from taking part in the Small Business Lending Fund, the government's latest attempt to stimulate the national economy from the community level on up.

In 26 metropolitan statistical areas, branches accounting for more than 10% of market deposits were operated by institutions that agreed to sell or failed since July 1.

Two companies and three individuals are banned from the mortgage-relief services business and must relinquish $2.2 million in assets for consumer refunds, according to a settlement reached with the Federal Trade Commission.