Location Root Tag

Independent Bank in Ionia, Mich., is back on track with payments on its trust preferred stock.

WSFS Financial in Wilmington, Del., has repurchased preferred shares it issued the Troubled Asset Relief Program.

Columbia Commercial Bancorp (CLBC) in Hillsboro, Ore., has completed a $6.6 million capital raise through a private placement offering.

Citizens Bank of Northern Kentucky has named Stephen Brunson its president and chief executive, replacing interim chief David Van Horn, who remains a director.

The Federal Reserve Board has released Raton Capital in Raton, N.M., from an enforcement action.

Superior Bancshares in Hazelwood, Mo., has reportedly agreed to sell a 40% stake in itself to an investor group.

Premier Commercial Bank in Greensboro, N.C., has held a beach-theme office party, brown-bag lunches on weighty matters like the cost of health insurance, and other special events to stand out in its market. It works.

Dwight Utz, who is leaving VantageSouth in North Carolina five months after it bought his bank, says he is looking for CEO jobs Virginia, Maryland or Pennsylvania.

The Federal Reserve Board has given Valley National Bancorp in Wayne, N.J., approval to redeem $127.5 million of trust-preferred securities.

State Bank Financial Corp. in Atlanta has named a new credit guru.

Community Financial Shares (CFIS) in Glen Ellyn, Ill., plans to issue $2.8 million of common stock in a private placement.

Heartland Financial (HTLF) in Dubuque, Iowa, plans to raise up to $75 million.

Prosperity Bancshares in Houston has agreed to buy F&M Bancorp in Tulsa, Okla.

GNB Financial in Gratz, Pa., has agreed to buy Liberty Centre Bancorp in Pottsville, Pa.

Unity disclosed in a regulatory filing Wednesday that it paid the Treasury Department $2.7 million to repurchase a warrant to buy about 765,000 shares of common stock.

CresCom Bank in Myrtle Beach, S.C., has agreed to buy a branch from First Carolina Bancshares in Waterboro, S.C.

Traditional bank M&A in Georgia has been nearly dead in recent years, but Hamilton State Bancshares' deal this week to buy Cherokee Banking suggests that the Peach State may be primed for consolidation.

Independent Bank (IBCP) in Ionia, Mich., has raised $89 million as part of a plan to exit the Troubled Asset Relief Program.

First Financial Bancorp (FFBC) in Cincinnati has retooled the management structure of its bank.

An executive at Calvert Financial in Ashland, Mo., has admitted to using funds from the Troubled Asset Relief Program to buy a luxury condominium.