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The $70.8 million deal would add 13 branches and $550 million of deposits in the growing Pittsburgh market.
July 20 -
Virginia Commerce Bancorp (VCBI) is delaying its planned exit from the Troubled Asset Relief Program following discussions with the Federal Reserve Bank of Richmond regarding its repayment plan.
July 20 -
The Federal Reserve Board has put the kibosh on Virginia Commerce Bancorp's plan to start paying back the Treasury Department this summer.
July 19 -
Porter Bancorp (PBIB) of Louisville, Ky., did not have to look far to find the new leader for its struggling bank.
July 19 -
The Federal Reserve Board has ended a written agreement with Premier Financial that required the Dubuque, Iowa, company to develop a plan to maintain sufficient capital and an adequate allowance for loan and leases losses.
July 19 -
Magna Bank in Memphis, Tenn. has switched to a state charter, dumping the Office of the Comptroller of the Currency in favor of a state regulator that management believes is more familiar with its local market.
July 19 -
Improved asset quality and sharp decline overhead expenses in the second quarter powered CVB Financial (CVBF) in Ontario, Calif., to its most-profitable quarter in its 38-year history.
July 19 -
Orrstown Financial Services (ORRF) sold $28.6 million of nonperforming commercial loans to an unnamed outside investor.
July 19 -
Popular's (BPOP) shares tumbled Wednesday after the San Juan, Puerto Rico, company reported that second-quarter earnings fell from a year earlier.
July 18 -
Heartland Financial (HTLF) will combine and rename two banks in Wisconsin under the name Wisconsin Bank & Trust.
July 18 -
SMITHFIELD, R.I. — Navigant CU announced this afternoon it merging troubled Columbus CU, a $68 million in nearby Warren, R.I., with two branches.
July 18 -
The Federal Reserve Board has entered into a written agreement with TCB Holding that requires the Woodlands, Texas, company to serve as a source of strength for its bank.
July 18 -
Strong loan growth and improved efficiency powered ServisFirst Bancshares in Birmingham, Ala., to its 10th consecutive quarter of record earnings in the quarter that ended June 30.
July 17 -
Provident New York Bancorp (PBNY) in Montebello, N.Y., has established a wealth management services division that will be led by of its top executives.
July 17 -
Lakeland Bancorp (LBAI) in Oak Ridge, N.J., recorded higher second-quarter earnings as credit quality improved and loans increased.
July 17 -
Equity Bancshares in Wichita, Kan., plans to merge its two banking units to reduce expenses.
July 17 -
Westamerica (WABC) in San Rafael, Calif., reported that its second-quarter earnings fell slightly after loans and fee income declined.
July 16 -
Regulators late Friday seized the $24.8 million-asset Glasgow Savings Bank in Glasgow, Mo.
July 13 -
Taylor Capital Group (TAYC) in Rosemont, Ill., said that its bank has hired a former team from LaSalle National Leasing to run a new equipment finance division.
July 13 -
The former chief executive officer of Virginia's Bank of the Commonwealth was among six people indicted for an alleged fraud conspiracy involving a coverup of the bank's financial condition from 2008 to 2011.
July 12


