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Security Federal Corp. in Aiken, S.C.. has reorganized as a bank holding company and its subsidiary, Security Federal Bank, has converted from a federally chartered thrift to a state-regulated commercial bank.

Pinnacle Financial Partners Inc. in Nashville, Tenn., has moved a step closer toward exiting the Troubled Asset Relief Program.

Continuing to bulk up in Texas through bite-sized deals, Independent Bank Group Inc. in McKinney said this week that it is buying the $155 million-asset I Bank Texas in Austin.

NB&T Financial Group Inc. in Wilmington, Ohio, said it expects fourth-quarter provision for loan losses to be "substantially" higher than it was last quarter due to a likely default on a loan to a single commercial customer that has $1 million balance.

Broadway Financial Corp. in Los Angeles said Wednesday that it once again complies with Nasdaq listing requirements after filing its third-quarter earnings with the Securities and Exchange Commission.

StellarOne Corp. in Charlottesville, Va., has repurchased the remaining $22.5 million in preferred stock it issued under the Troubled Asset Relief Program.

A Virginia lawmaker is urging his colleagues in Richmond to consider creating a state-owned bank that would use deposits from residents and state agencies to lend to local businesses and stimulate economic growth.

Susquehanna Bancshares Inc. in Lititz, Pa., is planning to eliminate nearly 350 jobs in Pennsylvania and Maryland, according to notices it filed with labor departments in both states this month.

A Florida holding company formed in 2008 to buy troubled banks has struck another deal in the Tampa Bay area after calling off its previous acquisition.

Synovus Financial Corp. President and Chief Executive Kessel D. Stelling will take on the additional title of chairman when Richard E. Anthony steps down from the position on Jan. 1.

First American Bank Corp. in Elk Grove Village, Ill., has repaid $15 million of the $50 million it received from the Troubled Asset Relief Program with funds it raised in a recent stock sale.

First Midwest Bancorp Inc. in Itasca, Ill., said Thursday that it paid $900,000 to repurchase a warrant it had issued to the Treasury Department as part of its participation in the Troubled Asset Relief Program.

New Century Bancorp in Dunn, N.C., has agreed to sell two of its branches to Lumbee Guaranty Bank in Pembroke, N.C.

Webster Financial Corp. in Waterbury, Conn., has notified investors that it is considering raising more capital for the purpose investing in new business lines, bolstering its capital levels and perhaps making acquisitions.

The $293 million-asset Southwest Georgia Financial Corp. wants to expand in Valdosta, Ga., and other key markets.

Shares of Republic First Bancorp Inc. soared Wednesday after the Philadelphia company announced that it had sold $59 million of mostly problem real estate loans to a single investor.

First United Bancorp Inc. in Boca Raton, Fla., is unloading three of the seven western Florida branches it inherited when it acquired the failed Old Harbor Bank in Clearwater in October.

Pacific Capital Bancorp in Santa Barbara, Calif., is using some of its excess cash to pay down debt and resume paying interest on trust preferred securities.

Talmer Bancorp Inc. in Troy, Mich., said Monday that it had completed its acquisition of Lake Shore Wisconsin Corp. in Glenwood City.

Associated Banc-Corp in Green Bay, Wis., said that it will close 21 branches across three states by mid-2012.