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The Arkansas Bankers Association announced Friday that President and Chief Executive Kenneth D. Hammonds will retire at the end of this year and will be replaced by the trade group's chief operating officer, William R. Holmes.

Royal Bancshares of Pennsylvania Inc. in Narberth, Pa., said Friday in a regulatory filing that it was once again in compliance with the Nasdaq's listing requirement for minimum bid prices.

First National Community Bancorp Inc. in Dunmore, Pa., said Friday that it had restated financial results for 2009 and two quarters in 2010 after an internal audit uncovered inaccuracies in its accounting for loans losses.

In need of new capital, First Cherokee State Bank is looking to differentiate itself by opening a casual coffee house stocked with wealth advisors.

Greystone Bank in Raleigh, N.C., is one small loan away from a rare voluntary liquidation.

A dissident shareholder's bid to win a seat on the board of HF Financial Corp. received a boost Friday after an independent advisory firm endorsed his candidacy.

CommunityBank of Texas has appointed a longtime Houston banker as its president.

Ed Willingham, president of the North Carolina company, was elected a director of the Richmond Fed.

Freed from an enforcement order that had restricted its growth, Royal Bancshares Inc. in Narberth, Pa., has brought in a seasoned veteran to lead its expansion in small-business lending.

The names of 18 former CapitalBank branches in South Carolina have been changed to Park Sterling Bank.

Union First Market Bankshares Corp. in Richmond, Va., said Thursday that it will redeem preferred stock issued to the Treasury Department as part of the Troubled Asset Relief Program.

Trustmark said late Wednesday that it will pay $22 million for the $247 million-asset Bay Bank, representing about 85% of the seller's tangible book value at Sept. 30.

First BanCorp in Puerto Rico said Wednesday that it had raised about $3.3 million from a rights offering.

NASHVILLE, Tenn. — Members of Volunteer Corporate CU approved the combination with West Virginia Corporate FCU to create a $1.5 billion corporate, one of six pending corporate marriages.

The Nasdaq stock market has notified Tennessee Commerce Bancorp Inc. in Franklin that its shares could be delisted for its failure to file timely financial reports.

New Orleans savings bank to deploy core processing, teller and IVR software from the vendor.

A Maryland bank is planning a $5 million initial public offering, while a Massachusetts mutual holding company is looking to take the second step in its conversion to become fully public.

Bank of the West plans to almost double the size of its small-business banking team during the next year.

The Federal Reserve Board has approved the sale of Home State Bancshares Inc. in McPherson, Kan., to Goering Management Co.

The Nasdaq has warned Broadway Financial Corp. that the company is in danger of being delisted from the exchange.