An economic correction is long overdue, the Ohio company says in explaining why now is the wrong time for long-term entanglements like mergers.

Flagstar Bancorp swung to a fourth-quarter loss as the company took an $80 million noncash charge to earnings because of the tax reform bill.

One-time tax adjustments helped offset ongoing declines in commercial and auto lending at the Cincinnati company.

The Pittsburgh company reported a noisy fourth quarter that included expenses tied to its purchase of Yadkin Financial and a reduction in the value of its deferred tax assets.

The Florida company's fourth-quarter results included double-digit loan growth and a $328 million income tax benefit associated with recently passed tax reform.

The results also included a large one-time benefit tied to recently passed tax reform.

The South Carolina company also provided a timeline for heightened regulation tied to crossing the $10 billion asset threshold.

Record net interest income, helped by a 22-basis-point gain in net interest margin, boosted quarterly results in spite of declining fee income.

Net interest income climbed nearly 16%,, though overall profits declined as the Columbus, Ga., company paid down debt and took a one-time charge related to the new tax reform law.

The Illinois company reported strong loan growth, an wider net interest margin and a one-time net tax benefit of nearly $8 million tied to recently passed tax reform.