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Center Bancorp (CNBC) in Union, N.J., has named a new chairman for its bank. The $1.6 billion-asset company also announced Wednesday that it had made its interim chief financial officer permanent.

The rapidly growing Opus Bank in Irvine, Calif., has split its commercial and retail banking operations.

Hudson City Bancorp (HCBK) in Paramus, N.J., reported a second-quarter profit of $48.7 million, down from $72.3 million in the second quarter of 2012. Earnings per share were 10 cents, in line with the average estimate of analysts polled by Bloomberg.

HomeStreet in Seattle plans to buy two small Washington lenders for a total of $37.3 million.

Hudson Valley Holding (HVB) in Yonkers, N.Y., has hired a former chief credit officer at Merrill Lynch Bank USA.

First BanCorp (FBP) in San Juan, P,R., reported a large quarterly loss as it purged its nonperforming assets.

Tri-County Financial Corp. in Waldorf, Md., will change its name to Community Financial Corp.

Investors have been pressuring Hancock Holding (HBHC) in Gulfport, Miss., to speed up cost cuts after its $1.5 billion purchase of Whitney Holding in 2011. Second-quarter results strengthened their case.

More fee income and a better credit picture propelled Susquehanna Bancshares (SUSQ) in Lititz, Pa., in the second quarter.

Texas Capital Bancshares (TCBI) in Dallas posted lower quarterly income due to a spike in expenses.

New York Private Bank & Trust, the parent company of Emigrant Bank, has fully repaid its Troubled Asset Relief Program funds.

BNCCorp in Bismarck, N.D., has appointed an interim leader after Gregory Cleveland, the $798 million-asset company's chief executive, died Tuesday after a sudden illness. He was 65.

Profit slipped at Cullen/Frost Bankers (CFR) in San Antonio as expenses rose last quarter.

Profit fell at New York Community Bancorp (NYCB) in Westbury, N.Y, as mortgage banking revenue dropped sharply last quarter.

New executives are effecting an IT reawakening at Orrstown Bank to prepare it for growth. Projects being tackled include: enlarging the IT team, outsourcing the core, replacing the email system and redoing the digital channels.

BankUnited (BKU) in Miami Lakes, Fla., added interest income and beat earnings estimates as it expanded into New York City last quarter.

The $17 billion-asset company's second-quarter earnings rose 2% from a year earlier, to $40.6 million. Per-share earnings of 21 cents beat the estimates of analysts polled by Bloomberg by 2 cents.

Chinatrust Bank in Los Angeles has hired heads of risk management and retail banking.

Porter Bancorp (PBIB) in Louisville, Ky., will replace its chairman and chief executive at the end of this month.

FirstMerit (FMER) in Akron, Ohio, reported higher second-quarter profit after completing its acquisition of Citizens Republic Bancorp.