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BlackRock, DoubleLine and Pimco filed a lawsuit Wednesday to try to stop the city of Richmond from buying and restructuring underwater mortgages through the use of eminent domain.
August 8 -
Quarry City Savings & Loan Association, a mutual thrift in Warrensburg, Mo., has applied to convert to a stock charter and sell shares to the public.
August 8 -
Carolina Alliance Bank (CRLN) in Spartanburg, S.C., has agreed to buy Forest Commercial Bank in Asheville, N.C.
August 8 -
Banc of California (BANC) in Irvine has hired a group of bankers to lead its new correspondent lending group.
August 8 -
First Citizens Bancshares (FCNCA) turned stronger credit quality, higher mortgage income and lower foreclosure costs into a 17% gain in profits last quarter.
August 7 -
First M&F (FMFC) in Kosciusko, Miss., revised its second-quarter results, turning previously reported earnings into a loss.
August 7 -
Kentucky First Federal Bancorp (KFFB) in Hazard has received regulatory approval to pay a 10-cent dividend to its public shareholders.
August 7 -
BofI Holding (BOFI) in San Diego reported its sixth consecutive quarter of record profits as an expansion of its balance sheet led to higher lending income.
August 7 -
Sterling Bank in Spokane, Wash. will allow customers to transfer money to and from accounts at other financial institutions for free.
August 6 -
Sussex Bancorp (SSBX) in Franklin, N.J., has completed a $7.2 million capital raise.
August 6 -
Carlile Bancshares plans to merge and rename its two Colorado banking units.
August 6 -
A former chairman of the failed Premier Bank in Wilmette, Ill., has been charged with fraud in what prosecutors say is the first criminal case tied to the Troubled Asset Relief Program.
August 6 -
The Federal Reserve Board has terminated an enforcement action against Belt Valley Bank in Belt, Mont.
August 6 -
Allegiance Bancshares has agreed to buy the $220 million-asset Independence Bank. Both are in Houston.
August 6 -
Republic First Bancorp (FRBK) will allow customers to access funds at Allpoint Network ATMs without paying service fees.
August 6 -
BankFinancial (BFIN) in Burr Ridge, Ill., reported a decrease in quarterly profit because of lower net interest income.
August 6 -
Quarterly earnings at Meta Financial Group (CASH) in Sioux Falls, S.D., came in above analysts' estimates due to growth in revenue from loans and the company's payments system.
August 6 -
Baylake (BYLK) in Sturgeon Bay, Wis., has agreed to sell $26 million in deposits from two branches to 1st National Bank of Berlin in Wisconsin.
August 6 -
Patapsco Bancorp (PATD) in Baltimore has appointed Phil Phillips its new chief executive after recording a quarterly loss.
August 5 -
Suffolk Bancorp (SUBK) in Riverhead, N.Y., will record a pretax gain of nearly $4 million in the third quarter after selling shares in Visa.
August 5



