Location Root Tag

Stilwell Group is irate that Poage Bankshares has agreed to buy another Kentucky bank. The activist investor would prefer to see the company buy back stock and, eventually, find a buyer.

Ameris Bancorp (ABCB) in Moultrie, Ga., has received regulatory approval to buy back its remaining preferred stock tied to the Troubled Asset Relief Program.

Central Pacific Financial (CPF) in Honolulu will repurchase a large block of stock from two investors.

CenterState Banks (CSFL) in Davenport, Fla., has appointed Ed Kofman to head its loan trading and hedge desk as managing director.

Mercantile Bank (MBWM) in Grand Rapids, Mich., and Firstbank (FBMI) in Alma, Mich., are extending the termination date for their delayed merger.

Union State Bank in Arkansas City, Kan., has had a member of the Docking family at its helm for more than 50 years. That is about to change.

Park Sterling (PSTB) in Charlotte, N.C., has added to its recently established team in Virginia.

VantageSouth Bancshares (VSB) in Raleigh, N.C., has redeemed all outstanding shares issued to the Treasury Department under the Troubled Asset Relief Program.

City National (CYN) in Los Angeles is transferring an executive to become head of its bank's New York private client services group.

South Street Financial had just given up on raising capital and had hired Raymond James to evaluate possible suitors when a BNC representative visited the CEO's office to request merger talks.

The Federal Deposit Insurance Corp. is suing eight former officers and directors of Habersham Bank over their role in the failure of the Clarkesville, Ga., lender.

First Citizens Banc Corp (FCZA) in Sandusky, Ohio, has exited the Troubled Asset Relief Program.

First Defiance Financial (FDEF) in Defiance, Ohio, has agreed to buy First Community Bank in Columbus, Ohio.

The Minnesota Department of Commerce on Friday appointed the National Credit Union Administration as receiver of $51 million St. Francis Campus Credit Union of Little Falls, Minn.

The company's management team is confident it can build off a beachhead, making its case by referencing past forays into Baton Rouge, La., and Houston.

Keith Wilton previously served as an executive vice president at Santa Barbara Bank & Trust, which is now owned by UnionBanCal. Before that, he was president of the specialty finance group at Greater Bay Bancorp, which was sold to Wells Fargo (WFC) in 2007.

An investment firm in North Carolina has raised its stake in Republic First Bancorp (FRBK) in Philadelphia.

Home Federal Savings Bank in Rochester, Minn., has been freed from a supervisory agreement with the Office of the Comptroller of the Currency.

Vibra Bank in Chula Vista, Calif., has hired a president and chief executive.

Bond Street Holdings in Weston, Fla., plans to close four of the 25 branches it acquired from Great Florida Bank in Miami Lakes.