Location Root Tag

More than a year following its chief executive's departure, Pacific Commerce Bank in Los Angeles has found someone to take the helm.

A planned merger between two southern California banks has yet to close a year after the deal was announced because regulators have yet to approve it.

Huntington Bancshares (HBAN) in Columbus, Ohio, continues to bet big on in-store branches.

The Federal Reserve Board has lifted a written agreement with Baylake Corp. that required the Sturgeon Bay, Wis., company to improve its asset quality and earnings.

The former chief executive of a failed Florida community bank has been sentenced to six years in prison for lying to regulators about the bank's condition.

A shareholder group that includes a former ECB director has urged directors of the Engelhard, N.C., company to remove Dwight Utz as president and chief executive.

Privatebancorp (PVTB) in Chicago is in no rush to boost its dividend, preferring instead to use any excess capital to grow earning assets and invest in new products.

The California company announced the opening of its first full-service U.K. branch a day after a key British official lamented in a column that European banks lack the capacity to help the nation's businesses grow.

TriCo Bancshares (TCBK) of Chico, Calif., has named a former Countrywide Bank executive as its chief risk officer.

Continental Bank Holdings of Plymouth Meeting, Pa., has raised $16.5 million through a private placement.

The California company has a growing international operation due to its focus on venture capital and technology companies.

Regulators shuttered four banks Friday evening — totaling $676 million of assets — that combined are estimated to cost the Federal Deposit Insurance Corp. about $80 million.

Activist investor Joseph Stilwell has stepped up his campaign to oust the chief executive at First Financial Northwest (FFNW) in Renton, Wash.

ServisFirst Bancshares of Birmingham, Ala., is expanding its correspondent banking business into Tennessee and Georgia with the addition of two new executives.

A second director at the troubled Atlantic Coast Financial (ACFC) has resigned due to concerns about how the Jacksonville, Fla., company is run.

Central Federal (CFBK) has restructured a planned capital raise and reached a deal with the Treasury Department that would help it exit the Troubled Asset Relief Program.

Pennsylvania's banking regulator has freed Metro Bank in Harrisburg, Pa., from a two-year-old enforcement order resulting from violations to the Bank Secrecy Act.

Two years after postponing its planned conversion to a 100% stock-owned company, Northfield Bancorp, a mutual holding company in Avenel, N.J., is finally ready to take that second step.

Mercantile Bank Corporation (MBWM) in Grand Rapids, Mich., has completed its exit from the Troubled Asset Relief program by repurchasing the $10.5 million of stock that was still held by the Treasury Department.

Fox Chase Bancorp (FXCB) in Hatboro, Pa., is planning to restructure its balance sheet this quarter in an effort to better position itself for potential changes in interest rates and improve its net interest income.