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Regulators have lifted an enforcement action against Eastern National Bank in Miami, according to a report.
August 15 -
Anchor BanCorp Wisconsin (ABCW) reported a large quarterly loss just days after announcing a plan to file for bankruptcy and recapitalize itself.
August 15 -
Enterprise Financial Services Corp. (EFSC) in St. Louis converted $20 million of trust-preferred securities to common stock, a move that will reduce its borrowing costs and improve its capital position.
August 15 -
Cullen/Frost Bankers, led by Dick Evans, is breaking into oil-rich west Texas with a deal for WNB Bancshares. The seller was attractive partly because it resembled Cullen/Frost, Evans says.
August 15 - Arizona
MISSOULA, Mont. Missoula FCU announced the hiring of Jack Lawson, chief operating officer at Self-Help FCU in California, as president and CEO of the $400 million credit union.
August 15 -
Northwest Bancshares (NWBI) in Warren, Pa., has launched a service to help customers track royalties earned on gas and oil leases.
August 15 -
The Federal Reserve Board has terminated enforcement actions with Marquette Financial in Minneapolis and Bank of Virginia in Midlothian.
August 15 -
Royal Bancshares of Pennsylvania (RBPAA) in Narberth recorded a second-quarter loss that it attributed to the cost of settling two long-standing legal issues.
August 15 -
The Federal Reserve Board has unanimously approved acquisitions by Hana Financial Group in Seoul, Korea, and Live Oak Bancshares in Wilmington, N.C.
August 15 -
VantageSouth Bancshares (VSB) in Raleigh, N.C., has sold $38.1 million in subordinated debt.
August 14 -
First Community (FCCO) in Lexington, S.C., has agreed to buy Savannah River Financial in Augusta, Ga.
August 14 -
The struggling Anchor (ABCW) in Madison has commitments of $175 million of fresh capital, but creditor Associated Banc-Corp (ASBC) refused to sign off on the deal, according to bankruptcy court documents. Anchor then filed for Chapter 11 to facilitate it recapitalization.
August 14 -
The Jefferson City, Mo., company had a profit of $1.5 million, or 30 cents a share. It reported earnings of $48,000, or one cent per share, during the same period last year.
August 14 -
First Mariner Bancorp (FMAR) in Baltimore swung to a loss as professional fees rose and mortgage banking income cratered.
August 14 -
Cardinal Financial (CFNL) of McLean, Va., has promoted William T. "Bill" Mundy, an executive at its banking unit, to senior vice president and executive managing director of wealth services.
August 14 -
Cullen/Frost Bankers (CFR) in San Antonio has agreed to buy WNB Bancshares (WNB) in Odessa, Texas, for $220 million in stock and cash.
August 13 -
Anchor BanCorp Wisconsin finally found some capital after a four-year search, but that wasn't enough. It has filed for Chapter 11 as a way to get Associated Banc-Corp, one of its creditors and competitors, to consent to its recapitalization.
August 13 -
John Linfante is stepping down as the chairman of Atlantic Coast Financial (ACFC), the latest leader to leave the Florida bank since investors rejected its sale to Bond Street Holdings.
August 13 -
The $7.2 billion-asset company auctioned $34.6 million in senior notes, it announced Monday. The notes carry an interest rate of 6%.
August 13 -
The chief executive of First Community Bancshares (FCBC) in Bluefield, Va., plans to step down.
August 13


