Location Root Tag

Joseph Lucarelli was elected by the $4.5 million-asset company's board to serve a one-year term starting Jan. 1, the company said in a regulatory filing Tuesday.

Keith Darcy, longtime head of the Ethics & Compliance Officer Association and former director of E-Trade Bank and New York National Bank, has joined Deloitte's compliance group as a senior advisor.

Union First Market Bancshares (UBSH) in Richmond, Va., plans to remake its board and expand its executive team after acquiring StellarOne (STEL) in Charlottesville, Va.

LNB Bancorp (LNBB) in Lorain, Ohio, has sold $3.7 million of stock as part of a plan to exit the Troubled Asset Relief Program.

Early in the year Hanmi Financial in Los Angeles was poised to put itself up for sale. But its deal to buy a Texas bank with operations in six states could rearm Hanmi in its fight with BBCN Bancorp and Wilshire Bancorp to be the top Korean-American bank.

Fiserv was supposed to post a note on the website of an N.C. bank that BNC recently bought that redirected the acquisition's customers to BNC's site. Unfortunately, the note appeared on the wrong website -- that of a nearby rival.

Hanmi Financial (HAFC) in Los Angeles has agreed to buy Central Bancorp in Garland, Texas.

The Office of the Comptroller of the Currency on Friday closed Texas Community Bank, a $160 million-asset institution located north of Houston.

Croghan Bancshares (CHBH) in Fremont, Ohio, has bought Indebancorp in Oak Harbor.

Pacific Mercantile Bancorp (PMBC) in Costa Mesa, Calif., is getting out of the mortgage business to focus on business banking.

Northwest Bancorp. (NBCT) in Spokane, Wash., has raised $12.5 million after selling common stock and issuing subordinated notes and warrants.

EverBank (EVER) in Jacksonville, Fla., is laying off 302 employees, or about 7% of its workforce, as it quits the business of servicing defaulted home loans.

The $18.4 billion-asset company said in a regulatory filing Wednesday that it will shutter 37 branches inside Chicago-area Jewel-Osco stores and a branch in downtown Minneapolis.

EverBank Financial (EVER) in Jacksonville, Fla., has agreed to pay the Federal Deposit Insurance Corp. $48 million in connection with its purchase of the failed Bank of Florida in May 2010.

MetroCorp (MCBI) in Houston hired a consultant to scout possible Chinese suitors before agreeing to sell to East West Bancorp (EWBC) in Los Angeles.

Tom Meuser will leave the role at the end of the year, the Sacramento Business Journal reported Tuesday. George Cook, the bank's president, will succeed him.

The North Carolina market is poised for a big round of M&A, and executives at NewBridge Bancorp — which has made two acquisitions this year — believe they can build the state's first super-community bank.

Blue Valley Ban Corp (BVBC) in Overland Park, Kan., plans to sell up to $10 million of stock in a subscription rights offering.

The $806 million-asset company and the FDIC entered into a consent order related to AML and Bank Secrecy Act controls, staffing and administration, Banesco said Friday.

PNC Financial Services Group (PNC) in Pittsburgh has agreed to pay $89 million to Freddie Mac in order to resolve repurchase obligations on loans sold to the government-sponsored entity.