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WSFS Financial (WSFS) in Wilmington, Del., realized some of the benefits of its M&A strategy last quarter.

Investors Bancorp (ISBC) in Short Hills, N.J., which is poised for a second-step conversion, saw quarterly profits soar on big loan growth.

Salisbury Bank and Trust (SAL) in Lakeville, Conn., has agreed to purchase a branch from Union Savings Bank in Danbury, Conn.

Provident Financial Services (PFS) of Iselin, N.J., said Friday that it earned $17.4 million in the fourth quarter, up 4.2% from the same quarter a year prior, due largely to improved asset quality.

Kearny Financial Corp. (KRNY) in Fairfield, N.J., has agreed to buy Atlas Bank in Brooklyn, N.Y.

Lakeland Bancorp (LBAI) in Oak Ridge, N.J., reported higher net income after buying Somerset Hills Bancorp.

First Citizens BancShares (FCNCA) in Raleigh, N.C., received an earnings boost from improved credit quality and a favorable adjustment to loss-share agreements with the Federal Deposit Insurance Corp.

Bank of the Ozarks (OZRK) of Little Rock, Ark., has agreed to buy Summit Bancorp in Arkadelphia, Ark.

Beneficial Mutual Bancorp (BNCL) reported lower net income that still managed to meet Wall Street expectations.

Central Pacific Financial (CPF) in Honolulu reported a big decline in fourth-quarter earnings as income from sales of residential mortgage loans and sales of foreclosed assets plunged.

First Interstate BancSystem (FIBK) in Billings, Mont., turned credit-quality improvements into a big increase in earnings last quarter.

Prosperity Bancshares (PB) in Houston is rearranging a number of its management posts.

CenterState Banks (CSFL) in Davenport, Fla., has agreed to buy First Southern Bancorp (FSOF) in Boca Raton, Fla.

Astorial Financial (AF) in Lake Success, N.Y., reported higher quarterly profits because of improved credit quality.

Sunrise Bank in Cocoa Beach, Fla., has been freed from an enforcement order from the Federal Reserve Board.

UMB Financial (UMBF) in Kansas City, Mo., reported a big jump in profits as the company benefited from loan growth and a rise in fee income.

Lynn Harton, formerly president of The South Financial Group before it was sold several years ago, was promoted to president of United Community Bank in Georgia this week.

TCF Financial (TCB) in Wayzata, Minn., was buoyed by improved credit quality in the fourth quarter.

National Penn Bancshares (NPBC) in Boyertown, Pa., has bought back about $75.4 million of shares from the private-equity firm Warburg Pincus.

Ameriana Bancorp (ASBI) in New Castle, Ind., has announced several executive changes prompted by the pending retirement of Chief Risk Officer Timothy Clark.