Location Root Tag

Town and Country Financial Corp. in Springfield. Ill., is combining its two bank subsidiaries that it has operated as separate entities for nearly three decades.

Carver Bancorp Inc. in New York reported a loss of $700,000 for its fiscal third quarter, as the recapitalized company took steps to mark down its problems assets.

The insurance unit of Encore Bancshares Inc. of Houston has acquired Whittington Insurance Agency in League City, Texas.

A unit of SI Financial Group Inc. in Willimantic, Conn., is selling its trust operations outsourcing business to an Atlanta wealth management company.

The $77.6 million HomeStreet Inc. expects to raise in its initial public offering would go a long way toward improving its capital levels but not far enough to satisfy a regulatory order.

The Federal Reserve has reached a written agreement with Commerce Bancshares Inc. in Franklin, Tenn.

WASHINGTON – Joseph A. Smith, Jr., who will monitor the 49-state mortgage settlement with the five largest servicers, resigned Tuesday as North Carolina's bank commissioner.

OmniAmerican Bancorp in Fort Worth, Texas, said Monday that its fourth-quarter earnings nearly quadrupled from the same period in 2010, to $1.2 million, as declines in loan yields were more than offset by an 18% increase in average balances of earning assets.

New Hampshire Thrift Bancshares Inc. in Newport said Monday that its chief executive, Stephen W. Ensign, is stepping down and that its president and chief operating officer will take over this role.

Highlands Bankshares Inc. in Petersburg, W. Va., is on the lookout for a new chief executive after announcing that C.E. Porter will retire in May.

Centennial Bank in Denver is adding a new branch in Boulder as part of a broad strategy to establish a presence in some of the state's key banking markets.

With problem real estate loans continuing to pile up, Western Liberty Bancorp in Las Vegas announced Monday that it lost $2.4 million in the fourth quarter and $14.2 million for the full year.

The Office of the Comptroller of the Currency closed two Midwestern banks Friday, bringing the failure tally so far this year to nine. The Federal Deposit Insurance Corp., as the receiver of the failed national banks, was able to find other institutions to resolve the failures.

Hana Financial Group of Seoul, South Korea, has agreed to buy newly issued shares of common stock, and a 51% ownership interest, in Saehan Bancorp in Los Angeles.

Anchor BanCorp Wisconsin Inc. in Madison reported another quarterly loss.

Evans Bancorp Inc. in Angola, N.Y., has reported that fourth-quarter income more than doubled from a year ago, to $1.3 million, due to higher net interest income and a lower provision for loan and lease losses.

VIST Financial Corp. in Wyomissing, Pa., said after markets closed Thursday that it lost $24.6 million in the fourth quarter after it wrote down $25 million of goodwill in connection with its pending sale to Tompkins Financial Corp. of Ithaca, N.Y.

Add Minnesota Bank & Trust in Edina to the growing list of community banks bulking up in mortgage lending in hopes of capturing market share from larger banks.

Regulators have ordered the banking unit of AB&T Financial Corp. in Gastonia, N.C., to improve its asset quality and evaluate its allowance for loan losses.

With numerous attractive institutions and robust growth markets, the state could kickstart a round of traditional deals nationwide. The only problem? Texas bankers also know they're attractive, and the most comely banks aren't interested in low-priced dates.