Location Root Tag

Robert Hill, SCBT's president and CEO, announces his second open-bank deal in nine months as it looks to consolidate in South Carolina and Georgia. SCBT has also bought three failed banks since January 2010.

Prime Pacific Financial Services in Lynwood, Wash., will raise $5 million through a private placement of common stock as it works to meet capital requirements from a regulatory order.

The Federal Reserve Board has issued an enforcement order against Gold Canyon Bank that gives the Gold Canyon, Ariz., company 90 days to become adequately capitalized or to sell itself.

Navy Army Community Credit Union cites familiarity, Fiserv’s wide array of services.

Provident New York Bancorp (PBNY) in Montebello has raised roughly $46 million to help fuel its expansion in the New York City area.

Hampton Roads Bankshares (HMPR) is on the verge of a $45 million rights offering, the second phase of the Norfolk, Va., company's $95 million capital-raising effort.

BNC Bancorp (BNCN) has readied itself in case the Treasury Department opts to include the High Point, N.C., company's shares in an upcoming auction of securities tied to the Troubled Asset Relief Program.

International Bancshares (IBOC) in Laredo, Texas, posted lower quarterly earnings because of shrinking margins and changes in the regulatory environment.

Eagle Bancorp (EGBN) in Bethesda, Md., has filed a new shelf registration that would allow it to raise up to $125 million.

A small Kansas bank will significantly increase its assets with a deal for an even smaller Missouri bank.

A private-equity firm has plans to acquire a large stake in TriState Capital Holdings, a Pittsburgh company cofounded by a former state regulator.

Citizens Republic Bancorp Inc. (CRBC), the Michigan lender that has yet to repay a $300 million U.S. government bailout, is soliciting takeover bids from competitors, said three people with knowledge of the matter.

The banking unit of American Bancorporation in St. Paul, Minn., has plans to shutter at least its third branch of the year by the end of this month.

Urban Partnership Bank, a Chicago bank formed to buy ShoreBank's deposits and assets from the Federal Deposit Insurance Corp. in 2010, has agreed to buy a large branch in Chicago's South Side from Northern Trust (NTRS).

New Hampshire Thrift Bancshares (NHTB) has made its first bank deal in nearly five years, agreeing to buy Nashua Bank for roughly $19.4 million.

Hudson Valley Holding (HVB) in Yonkers, N.Y., reported lower second-quarter earnings after net interest income dropped from the same period a year earlier.

PLYMOUTH, Minn. — NCUA announced this morning it has awarded the remnants of AM Community CU, a failed $135 million Kenosha, Wis., credit union, to TruStone Financial FCU under a purchase and assumption agreement.

LAKELAND, Fla. — MidFlorida CU, which has been growing its branch network on the Gulf Coast, has agreed to acquire Indian River CU, a troubled $55 million credit union on Florida's other coast.

The Asheville, N.C., company posted a net loss after its loan-loss provision ballooned. The loss comes just months after activist investor Stilwell Group disclosed that it had started buying shares in the company.

Heartland Financial (HTLF) in Dubuque, Iowa, reported that its second-quarter earnings rose about 45% from a year earlier, to $12.9 million, because of higher noninterest income.