Consumer banking
Consumer banking
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Vineyard National Bancorp in Corona, Calif., said Monday that it has agreed to a consent order from the Office of the Comptroller of the Currency ordering it to appoint "experienced and competent" people to be its permanent chief executive and chief credit officer.
July 29 -
Chemical Financial Corp. of Midland, Mich., reported nearly flat earnings of $9.6 million for the second quarter with gains in net interest income offset by a dramatic increase in its provision for loan losses.
July 29 -
The $100 million invested in EverBank Financial Corp. in Jacksonville, Fla., last week is Sageview Capital LP's first bet on the banking sector.
July 29 -
Superior Bancorp in Birmingham, Ala., said Monday that its second-quarter earnings fell 58% from a year earlier, to $841,000.
July 29 -
Encore Bancshares Inc. in Houston said Friday that its second-quarter net income fell 75% from the year earlier, to $481,000, because of higher chargeoffs.
July 28 -
Ronald D. Santo said last week that he plans to retire as the group president of MB Financial Bank of Chicago and vice president of its parent, MB Financial Inc., on Sept. 19.
July 28 -
Shares of Seacoast Banking Corp. of Florida tumbled Friday after it reported a second-quarter loss of $21.3 million, or $1.12 a share.
July 28 -
UCBH Holdings Inc. in San Francisco said Friday that second-quarter net income fell 73% from a year earlier, to $7.7 million, or 7 cents a share, because of a higher provision for residential construction loans and a writedown in its investment portfolio.
July 28 -
East West Bancorp Inc. in Pasadena, Calif., surprised analysts with a $25.9 million loss for the second quarter, due to an $85 million provision for dicey residential construction and land development loans.
July 28 -
The severe credit issues that have beset so many California lenders have spread to the Pacific Northwest.
July 28 -
Few banking companies have been bold enough to talk about the future with as much optimism as Citizens Republic Bancorp Inc. in Flint, Mich.
July 25 -
Federal Trust Corp. in Sanford, Fla., has been given more time by the Office of Thrift Supervision to raise capital or sell itself.
July 25 -
Sterling Bancorp of New York said Thursday that second-quarter net income rose 15% from a year earlier, to $4.2 million, on loan growth and a higher net interest margin.
July 25 -
AmericanWest Bancorp in Spokane said Thursday that it is exploring strategic alternatives after losing $6.2 million, or 36 cents a share, in the second quarter because of bad loans.
July 25 -
As its loan troubles continue to mount, United Community Banks Inc. in Blairsville, Ga., said Thursday that second-quarter earnings dropped 40% from a year earlier, to $7 million, or 15 cents a share.
July 25 -
Pacific Capital Bancorp in Santa Barbara, Calif., said Wednesday that its credit troubles are starting to spread beyond residential construction loans.
July 24 -
A bank focused on protecting the environment plans to open in Philadelphia early next year after raising $2 million in initial capital from 35 investors.
July 24 -
Prosperity Bancshares Inc. in Houston said second-quarter earnings grew almost 2% from a year earlier, to $23 million, or 52 cents a share.
July 24 -
Capital Corp of the West in Merced, Calif., said Wednesday that it has reached an agreement with the Federal Reserve Board to improve its risk management and credit administration practices.
July 24 -
Cullen/Frost Bankers Inc. of San Antonio said Wednesday that its second-quarter earnings fell 2% from a year earlier, to $52.5 million.
July 24



