When East West Bank in Pasadena, Calif., was accused of causing a borrower's default and subsequent bankruptcy, the bank offered to settle for $20 million rather than take its chances with a jury.

Two independent advisory firms are backing Team Financial Inc.'s proposed slate of directors over one proposed by a former director who is trying to regain his board seat at the two-bank Paola, Kan., holding company.

As a consultant to Republic First Bancorp Inc. of Philadelphia, Vernon W. Hill 2nd will be paid $250,000 annually and cannot work with any competing companies in Pennsylvania, New Jersey, or New York, according to an 8K filed Wednesday with the Securities and Exchange Commission.

Over the last decade SCBT Financial Corp. in Columbia, S.C., has built market share quickly in areas it has entered through acquisitions, and now it is aiming to replicate that success in the Carolinas' largest metropolitan market.

Kansas credit unions that count the state or large swaths of it as a field of membership will have to start redrawing their boundaries soon.

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Vernon W. Hill 2nd stops just shy of saying that his investment in a Philadelphia bank is the first step in trying to re-create Commerce Bank in Commerce's own backyard.

Capitol Bancorp Ltd. of Lansing, Mich., announced Tuesday that it plans to offer $30 million of trust-preferred securities.

Summit Financial Group Inc. in Moorefield, W.Va., is once again planning to buy Greater Atlantic Financial Corp. in Reston, Va.

After nearly a century, Bank of Eureka Springs is outgrowing its name.

A provision tucked into this year's federal farm bill has given the banking industry a legislative victory sought ever since the aftermath of Hurricane Katrina and Hurricane Rita three years ago.

The billionaire corporate raider Carl Icahn is one of several investors giving Guaranty Financial Group Inc. in Austin a large cash infusion.

Whitney Holding Corp. of New Orleans is buying banks in its home state again.

Large mergers and acquisitions often spawn start-ups in the affected markets, but few deals have produced as many as quickly as Regions Financial Corp.'s purchase of AmSouth Bancorp.

PrivateBancorp Inc. in Chicago has set a $34 per share price tag on a public offering and has raised the number of shares available to 4 million.

Whitney Holding Corp . in New Orleans said on Monday it reached a definitive agreement to acquire Parish National Corp. of Covington, La.

Regulators generally disapprove of a mutual thrift's selling itself within three years of converting to a public company, but the $10 million-asset Elk County Savings and Loan Association in Ridgway, Pa., aims to be one of the rare exceptions.

One of my mantras when speaking to banking groups about sales and service is, "Make a friend, make a customer."

It had been eight months since Washington Banking Co. in Oak Harbor had made a deal to sell itself to Frontier Financial Corp. in Everett, but no closure was in sight.

First Arkansas Bancshares Inc. in Jacksonville has struck a deal to buy Greers Ferry Lake State Bank in Heber Springs, Ark.