Location Root Tag

Hampton Roads Bankshares (HMPR) in Virginia Beach, Va., didn't have to look far to find its permanent chief financial officer.

One PacificCoast Bancorp (OPCB) in Oakland, Calif., has received regulatory approval to acquire a controlling stake in Albina Community Bancorp (ACBC) in Portland, Ore.

The Federal Reserve Board has ordered SunSouth Bancshares of Dothan, Ala., to strengthen its board.

Pinnacle Bank in Elberton, Ga., announced Thursday it will use Fiserv's Precision bank platform, which includes account processing, mobile banking, bill payment and remote check capture services.

Meta Financial Group (CASH) in Sioux Falls, S.D., has reshuffled its management with four new executive appointments, including the promotion of Brad Hanson to president.

First Clover Leaf Financial (FCLF) in Edwardsville, Ill., has hired David Kuhl as the president and chief executive for its bank.

Seacoast Banking Corp. of Florida (SBCF) in Stuart, Fla., has been released from all enforcement actions with the Office of the Comptroller of the Currency.

Home Federal Bancorp was looking for ways to grow its earning assets as the benefits of FDIC loss shares from two failed-bank deals faded. Lacking good prospects, it decided to sell itself to Banner Corp. More banks could find themselves in the same boat.

First Security Group (FSGI) in Chattanooga, Tenn., has completed a $5 million rights offering. The offering followed the company's April recapitalization, in which it raised $91.1 million from institutional and other accredited investors.

Pacific Continentalin Eugene, Ore., has named a new head for its operations around Seattle.

United Security Bancshares in Thomasville, Ala., has recruited its next chief financial officer from Regions Financial.

The $4.24 billion-asset Banner said Tuesday it has agreed to buy Home Federal Bancorp (HOME) in Nampa, Idaho, for $197 million in cash and stock.

The $979 million-asset company plans to offer up to 1.4 million shares of common stock at $19 per share, according to a Sept. 12 filing with the Securities and Exchange Commission.

Country Club Bank in Kansas City, Mo., has promoted several executives.

A senior executive at OFG Bancorp (OFG) in San Juan, Puerto Rico, is moving to the top ranks of the Federal Home Loan Bank of New York.

Saddle River Valley Bank, which was bought last year by Center Bancorp, allegedly failed to adequately monitor transactions with currency exchange houses in Mexico and the Dominican Republic.

Valley National Bancorp in Wayne, N.J., is offering to sell up to $125 million of subordinated notes to repay its trust-preferred debt.

Jacksonville Bancorp in Florida has raised $1 million through a rights offering.

Ocwen Financial in Atlanta has retired approximately $159 million of debt held by a private-equity backer.

Managing the royalties of oil and gas landowners could generate big new fee opportunities for well-positioned banks.