Location Root Tag

CoBiz Financial in Denver has named new leadership at its banking franchise. Jonathan Lorenz has been named chairman of the board and Scott Page will replace Lorenz as chief executive at Colorado Business Bank and Arizona Business Bank.

The underwriters of Independent Bank Corp.'s (ICBP) recent offering plan to buy an additional $13.4 million worth of the company's stock.

F.N.B. Corp. in Hermitage, Pa., is setting up a regional headquarters in downtown Baltimore.

The U.S. unit of Chinatrust Commercial Bank is changing its name to CTBC and offering more services to attract a broader range of customers. But it faces the same challenges other community banks are encountering as they try to expand beyond their traditional boundaries.

Old National Bancorp in Evansville, Ind., has agreed to buy Tower Financial in Fort Wayne.

Simmons First National (SFNC) in Pine Bluff, Ark., had the winning bid to buy Metropolitan National Bank during a bankruptcy auction.

Cardinal Financial Corp. (CFNL) has agreed to buy United Financial Banking (UFBC) for nearly $52 million. The two companies are in the northern Virginia suburbs of Washington.

UMB Financial (UMBF) in Kansas City, Mo., is planning a stock sale that could bring in as much as $257 million.

Dallas hedge fund Clover Partners is causing Texas-size headaches for two small Massachusetts thrifts, Hampden Bancorp and Chicopee Bancorp.

Umpqua Holdings, Oregon's biggest bank, is in advanced talks to buy Sterling Financial, the lender backed by Warburg Pincus and Thomas H. Lee Partners, said people with knowledge of the discussions.

Capital One has bolstered its commercial-lending team by hiring bankers away from JPMorgan Chase and the CIT Group.

The Federal Reserve Bank of Atlanta has approved two Atlantic Coast Financial (ACFC) board nominees proposed by dissident investor Jay Sidhu.

DETROIT — NCUA said this afternoon the Michigan Department of Insurance and Financial Services liquidated Craftsman CU and appointed the federal credit union agency as liquidating agent for the one-time $44 million auto workers credit union, the year's 12th failure.

A bankruptcy judge's decision to lower breakup fees in the auction of Metropolitan National gives Simmons First and others a chance at unseating stalking horse Ford Financial. The results could encourage more interest in bidding for bank units of bankrupt holding companies.

The Federal Reserve System has taken regulatory action against Union City Corp. in El Reno, Okla., and released a Missouri holding company and its banking unit from a written agreement.

Iberiabank Corp. (IBKC) in Layfayette, La., has agreed to buy Synovus Financial (SNV) operations in Memphis.

F.N.B. Corp. (FNB) in Pittsburgh has launched the first fund from its new small-business investment company.

Standard Financial (STND) in Monroeville, Pa., plans to delist from the Nasdaq and cease reporting with the Securities and Exchange Commission.

HomeStreet (HMST) in Seattle has expanded its mortgage business in the Golden State, opening six offices in Northern and Central California.

City Holding (CHCO) in Charleston, W.Va., said it will close a branch in Virginia Beach after determining that the location had an undesirable deposit mix.