Location Root Tag

SVB Financial (SVB) in Santa Clara, Calif., reported a 60% increase in quarterly profit after investment securities it holds rose more than ninefold in value.

WesBanco (WSBC) in Wheeling, W.Va., has hired a Fifth Third (FITB) executive to be its chief operating officer, and plans to promote him to chief executive next year.

Customers Bancorp (CUBI) in Wyomissing, Pa., compensated for reduced income from its warehouse mortgage business with growth in other lending categories last quarter.

Old Second Bancorp (OSBC) in Aurora, Ill., joined the growing list of banks benefiting from the recapture of its deferred-tax asset valuation allowance.

Cascade Bancorp (CACB) in Bend, Ore., has outbid another company to snag Home Federal (HOME) in Nampa, Idaho.

MVB Financial (MVBF) in Fairmont, W.Va., has agreed to purchase certain assets and assume certain liabilities of CFG Community Bank in Lutherville, Md.

Heritage Financial (HFWA) in Olympia, Wash., has agreed to buy Washington Banking (WBCO) in Oak Harbor. Heritage will pay about $265 million in cash and stock for Washington Banking, the companies said Wednesday.

Fulton Financial (FULT) tossed out a tempting tidbit to investors on Wednesday — it has found a new chief financial officer.

PacWest Bancorp (PACW) in Los Angeles doubled its profits in the third quarter thanks to its purchase of First California Financial Group (FCAL).

Fulton Financial (FULT) in Lancaster, Pa., saw reduced revenue from mortgage sales and service charges in the third quarter, but improvements in credit quality partially offset those declines.

UMB Financial Corp. (UMBF) in Kansas City, Mo., posted its 14th consecutive quarter of loan growth for the period ending Sept. 30.

Poage Bankshares (PBSK), in Ashland, Ky., has agreed to acquire its crosstown rival, Town Square Financial, for $14.7 million.

National Bank Holdings (NBHC) in Greenwood Village, Colo., has formed a division to specialize in government and nonprofit clients.

Great Southern Bancorp (GSBC) in Springfield, Mo., beat analysts' estimates in the third quarter by reducing expenses and improving credit quality.

Foundations Bank in Pewaukee, Wis., has made it official with interim leader John Hazod.

Los Angeles-based Wilshire Bancorp (WIBC) said this week that it had a third-quarter profit of $11.3 million, largely due to steadily improving credit quality and net gains on loan sales.

Loan growth helped power BankUnited (BKU) in Miami Lakes, Fla., to a 9% rise in quarterly earnings.

Synovus Financial (SNV) reported a big increase in quarterly income, but missed estimates as interest income and mortgage banking revenue fell.

Northrim BanCorp (NRIM) in Anchorage, Alaska, has agreed to buy Alaska Pacific Bancshares (AKPB) in Juneau.

Heritage Oaks Bancorp (HEOP) in Paso Robles, Calif., has agreed to buy Mission Community Bancorp (MISN) in San Luis Obispo, Calif.