Location Root Tag

Flush with capital from a recent stock sale, Northeast has launched an online bank, established a nationwide loan-purchasing unit and, most recently, opened a mortgage office in Massachusetts.

A dispute in North Dakota over assessment fees for its state-owned bank could stymie efforts to open similar banks elsewhere.

Two community banks have repaid the Troubled Asset Relief Program.

MainSource Financial Group (MSFG) in Greensburg, Ind., has retired another chunk of the equity it originally issued in the Troubled Asset Relief Program.

Pacific Premier Bancorp (PPBI) in Costa Mesa, Calif., will raise roughly $30 million through a public offering of common stock.

The Federal Reserve Board has entered into a written agreement with NASB Financial (NASB) that requires the Grandview, Mo., company to serve as a source of strength to its bank.

Bank of Hawaii (BOH) in Honolulu will exit the American Samoa market in the first quarter by closing its two branches in the U.S. territory.

The $755 million-asset New Mexico Banquest announced Friday it would be acquired by Strategic Growth Bancorp, an El Paso company founded by father-and-son team Bill and Pablo Sanders.

Home Federal Bancorp (HOME) in Nampa, Idaho, said Friday that it is closing four branches in Oregon as part of its ongoing effort to reduce overhead and improve efficiency.

Ameris Bancorp (ABCB) in Moultrie, Ga., will redeem preferred shares it had issued to the Treasury Department as part of the Trouble Asset Relief Program.

NCAL Bancorp (NCAL) in Los Angeles is selling one of its five branches to a neighboring bank.

The Federal Reserve Board has terminated an enforcement action against Johnson Financial Group in Racine, Wis.

The $320 million-asset parent of Home Federal Savings and Loan said Thursday it would likely be required to record a charge of roughly $972,000 following the company's discovery of baseless loans.

International Bancshares (IBOC) in Laredo, Texas, has completed the repurchase of its remaining 131,000 shares of preferred stock issued under the Troubled Asset Relief Program.

A U.S. Century spokeswoman confirmed Wednesday that the $1.3 billion-asset bank's shareholders approved the sale to C1 Bank in St. Petersburg, Fla.

Charter Financial in West Point, Ga., plans to sell additional stock and convert to a full public company from a mutual.

The president and chief executive of Bar Harbor Bankshares (BHB) in Maine will retire in June. Joseph M. Murphy has held those positions at the company and its Bar Harbor Bank & Trust unit since 2002.

Southside Bancshares (SBSI) in Tyler, Texas, will open two branches in Austin, Texas, next year.

Bruce Lee will step down as its chief credit officer for Fifth Third Bank (FITB) in Cincinnati, for personal reasons, at the end of the year, the $117 billion-asset company said Monday.

The president and chief operating officer of Peapack-Gladstone Financial (PGC) will leave the Bedminster, N.J., company at the end of the year.