Old National Bancorp in Evansville, Ind., has agreed to sell a total of 17 branches in Indiana, Illinois and Ohio to First Mid-Illinois Bancshares and MainSource Financial Group.

The Seminole Tribe of Florida has withdrawn its agreement to buy Mackinac Savings Bank in Boynton Beach, Fla., and may instead try to open a credit union.

The Justice Department is seeking to advance a more-than-five-year probe into whether Moody's Investors Service inflated ratings during the U.S. housing boom, according to three people familiar with matter.

Investors Bancorp in Short Hills, N.J., reported higher quarterly income thanks to a combination of acquisitions and organic growth.

The Federal Housing Finance Agency will require nonbank mortgage firms to meet minimum liquidity and net worth standards to curb risks to taxpayers from the rapidly expanding industry.

MB Financial in Chicago reported a sharp rise in quarterly earnings in its first full quarter following the acquisition of Taylor Capital.

National Bank Holdings in Greenwood Village, Colo., has finally returned to the acquisition game, by agreeing to buy Pine River Bank in Bayfield, Colo.

Community & Southern Holdings in Atlanta has agreed to buy Community Business Bank in Cumming, Ga.

TCF Financial took $44 million in charges to rid itself of mortgages made before the housing collapse. A distressed-asset investor purchased more than $400 million in loans from the company, and another pool of bad mortgages may be marked for sale soon.

Royal Bank of Scotland will probably hold one or two more sales this year of shares it owns in Citizens Financial Group, the U.S. subsidiary it spun off in September.

New York Community Bancorp wants Washington to raise the asset size for systemically important financial institutions, but in the meanwhile its asset sales to stay under the threshold helped to boost profits and its CEO is pursuing possible M&A deals.

Astoria Financial in Lake Success, N.Y., reported higher quarterly profit that benefitted from a sizable reserve release.

Ameris Bancorp in Moultrie, Ga., has has agreed to buy Merchants and Southern Banks of Florida in Gainesville, along with a number of Bank of America branches.

City National Corp., Hollywood's "bank to the stars," could expand its entertainment business to London within five years under ownership by Royal Bank of Canada, Chief Executive Officer Russell Goldsmith said.

Alamogordo Financial Group in New Mexico has split the roles of president and chief executive.

First Horizon successfully lobbied for a lower exchange ratio for its purchase of TrustAtlantic in North Carolina after four commercial lenders left the seller to open an office for another bank.

UMB Financial in Kansas City, Mo., reported lower quarterly profits after taking a loss on certain alternative investments.

Anchor Bancorp in Madison, Wis., has agreed to sell one of its branches to Royal Bank in Elroy, Wis.

Hudson City Bancorp in Paramus, N.J., reported lower quarterly profits as its loan book keeps shrinking.

Doral Financial in San Juan, Puerto Rico, said that the FDIC has placed its bank under a prompt corrective action directive, an enforcement order that is often considered one of the last public warnings before regulators move to place the bank into conservatorship.