Consumer banking
Consumer banking
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For the first time since the early 1990s, an outsider is at the helm of the family-run Taylor Capital Group.
January 31 -
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Looking to trim overhead amid mounting credit-quality troubles, BankAtlantic Bancorp Inc. in Fort Lauderdale, Fla., is scaling back its expansion plans and said it is considering leaving the Orlando market entirely.
January 31 -
Centennial Bank Holdings Inc. in Denver, which has bought four banks since 2004, has reported that it lost $138.2 million, or $2.68 per share, in the fourth quarter because of a goodwill impairment charge on its acquisitions.
January 31 -
A Wisconsin credit union is pressuring the Internal Revenue Service to take a stand on whether income from sales of insurance products should be taxed.
January 30 -
Defying a difficult market, Cape Bancorp Inc. in Cape May Court House, N.J., announced late Monday that it has sold the minimum number of shares required to close its initial public offering.
January 30 -
Sterling Bancshares Inc. in Houston said Tuesday that its fourth-quarter earnings rose 4.3% from a year earlier, to $13.4 million.
January 30 -
Buoyed by strong loan and deposit growth, Enterprise Financial Services Corp. in St. Louis reported Tuesday that its fourth-quarter profits rose 12% from a year earlier, to $4.9 million.
January 30 -
In what would be the first acquisition in its nine-year history, Jacksonville Bancorp Inc. in Florida has a deal to buy the $165 million-asset Heritage Bancshares Inc. in Orange Park for $30.2 million in cash and stock.
January 30 -
For PrivateBancorp Inc. in Chicago, hiring LaSalle Bank's former president and 56 managing directors was not cheap.
January 29 -
Stung by defaults in its residential construction loan portfolio, Cowlitz Bancorp. in Longview, Wash., reported a $3.1 million loss in the fourth quarter, compared with a profit of $1.2 million a year earlier.
January 29 -
Old National Bancorp in Evansville, Ind., said Monday that its fourth-quarter earnings rose 26% from a year earlier, to $22 million.
January 29 -
Despite gains in loans, deposits, and fee income, Heartland Financial USA Inc. reported a 9.3% drop in fourth-quarter earnings from a year earlier, to $6.8 million, because of an increase in its provision for loan losses.
January 29 -
The day after Fulton Financial Corp. in Lancaster, Pa., reported last week that its fourth-quarter earnings fell 18% and nonperforming assets more than doubled, its stock shot up roughly 14% and has held steady since.
January 29 -
American Bank of Commerce’s decision last year to begin offering mortgages — for the first time in about two decades — came at an opportune time.
January 28 -
Its portfolio ripe with nonperforming condominium construction loans, Corus Bankshares Inc. in Chicago is coming off its worst quarterly performance in years.
January 28 -
FirstFed Financial Corp. in Santa Monica, Calif., said Friday that fourth-quarter profits fell 75%, to $8.4 million, from the year earlier, due to mounting losses in its residential real estate loan portfolio.
January 28 -
Florida's state-chartered banks are hoping the third time is the charm for legislation that would relax restrictions on selling debt cancellation products.
January 25 -
United Bankshares Inc. in Charleston, W.Va., said Thursday that fourth-quarter earnings declined 36% from a year earlier, to $16 million, mainly as a result of costs associated with a balance-sheet restructuring.
January 25



