M&A
M&A
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Korean-American banks have been challenged by an aging core customer base, which threatens growth. Hanmi Chief Executive C.G. Kum plans to respond with a national SBA program and plans to court other immigrant communities.
April 25 -
S corporation banks are concerned that the capital conservative buffer under Basel III and a potential prohibition from paying tax-distribution dividends to shareholder could cause more of them to slow growth plans or merge.
April 25 -
First Financial Holdings (SCBT) in Columbia, S.C., reported a big leap in first-quarter profits thanks largely to double-digit growth in its loan portfolio.
April 25 -
Idaho Banking is the latest bank set to change hands through the bankruptcy process.
April 25 -
Former Bank of America Chief Financial Officer Joe Price has agreed to a $7.5 million fine to settle charges he deceived shareholders to push through the company's acquisition of Merrill Lynch.
April 25 - Maryland
Howard Bancorp in Ellicott City, Md., has agreed to buy a branch from Rising Sun Bancorp in Rising Sun, Md.
April 25 -
Seacoast Banking Corp. of Florida (SBCF) in Stuart has agreed to buy The Bankshares in Winter Park, Fla.
April 24 -
Three of Certus' ousted executives depict a behind-the-scenes struggle at the Greenville, S.C., bank as management, directors and investors were often working at cross purposes. The lawsuit also discusses a possible merger with an unnamed bank that never took place.
April 24 -
Harvard Illinois Bancorp wants to name the son of a retiring director to replace him. It says the son is qualified for the job, but investor Joseph Stilwell -- who is backing another nominee to the board -- disagrees.
April 24 -
First Merchants Corp.(FRME) in Muncie, Ind., is benefiting from loan growth after a recent acquisition.
April 24 -
Reliant Bank in Brentwood, Tenn., is reportedly in talks to sell itself with Commerce Union Bank in Springfield, Tenn.
April 24 -
BankUnited (BKU) in Miami Lakes, Fla., reported higher quarterly earnings after selling some commercial loans.
April 24 -
First Niagara Financial Group's (FNFG) first-quarter profit fell 11.7% as job cuts and branch closures increased expenses.
April 24 -
The lawsuit claims that Benjamin Weinger of 3-Sigma Value conspired with certain directors to defame the executives before the board fired them earlier this month.
April 23 - Virginia
The first-quarter profit at Cardinal Financial Corp. (CFNL) in Tysons Corner, Va., fell 42% from a year earlier, largely due to merger-related expenses.
April 23 -
How Popular's decision to sell operations in California, Illinois and central Florida fit into the plans of three community banks looking to grow.
April 23 -
PacWest Bancorp (PACW) in Los Angeles reported a surge in quarterly profits as the company produced more loan revenue.
April 23 -
Cullen/Frost Bankers (CFR) in San Antonio reported a profit of $59.2 million in the first quarter on strong asset and deposit growth.
April 23 -
Jefferson Bancshares' efforts to sell itself were marked by several fits and starts over three years, highlighting the fickle nature of consolidation since the financial crisis.
April 23 -
Flagstar Bancorp (FBC) in Troy, Mich., reported a significant first-quarter loss as its loan-loss provision more than quintupled.
April 23



