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The Louisiana company, which recorded a large loan-loss provision to cover energy-related chargeoffs, also disclosed a new regulatory order from the Office of the Comptroller of the Currency.
July 26 -
The company's results benefited from its increased dealings in correspondent lending, while net chargeoffs tied to energy loans decreased during the second quarter.
July 19 -
The Mississippi company reported higher quarterly earnings despite ongoing energy challenges. Hancock also benefited from its April purchase of the failed First NBC Bank.
July 18 -
The Dallas company is in the middle of a dramatic turnaround after scaling back on energy loans and slashing expenses. Still, followers of the company seek assurances that the discipline will endure.
July 18 -
Property Assessed Clean Energy loans can no longer be offered in unincorporated areas of Kern County, Calif. The controversial loans, meant to promote energy efficiency, began in California and are now offered in a number of states.
July 12 -
When the U.S. withdrew from the Paris Agreement, business leaders across the country called on the private sector to step up their own efforts to reduce greenhouse gas emissions and ultimately limit global warming to 2 degrees Celsius. From new corporate governance practices to energy efficient upgrades, here’s a look at some of the ways the banking sector is combating climate change.
July 11 -
Green Bancorp has pivoted from the troubled energy-lending market to SBA loans, which are appealing to more small banks because they can be sold at a premium and are getting more support from Washington.
July 6 -
Readers weigh in on chatbots, Amazon’s physical footprint expansion plans, alternative credit data and more.
June 23 -
Oil prices are dropping again, but some lenders think now is the time to recommit to energy lending as long as they underwrite them a certain way for certain borrowers in certain regions.
June 20 -
MidSouth Bancorp in Louisiana, which faces a formal order from its regulators, will cut jobs, close branches and slash its dividend as it works to reduce its energy exposure.
June 8