Location Root Tag

Two Los Angeles community banks largely owned by the same investment group are planning to merge - the latest in a string of deals between California banks.

Bridge Bancorp Inc. in Bridgehampton, N.Y., said late Monday that it will raise up to $10 million by selling common stock.

Webster Financial Corp. in Waterbury, Conn., received court approval to settle longstanding litigation over a condominium project in Columbus, Ohio, that had previously resulted in an almost $19 million verdict.

First Northern Community Bancorp in Dixon, Calif., said Monday that it had exited the Troubled Asset Relief Program after repurchasing a stock warrant from the Treasury Department.

Shares of Anchor BanCorp Wisconsin Inc. have been removed from the Nasdaq exchange and are now trading over the counter.

WASHINGTON — Regulators closed a bank in Louisiana, and another in Iowa, late Friday to bring the year’s failure total to 90.

NBT Bancorp Inc. in Norwich, N.Y., said late Wednesday that it will acquire Hampshire First Bank in Manchester, N.H.

Bank of the West in San Francisco is entering the Chicago area by opening a commercial banking office.

A pair of healthy banks destined to be partners are nearing deadline as investors anxiously wait.

Johnson Financial Group Inc. in Racine, Wis., said a decision to close its Cayman Islands branch is related to new laws requiring banks to pay interest on commercial deposit accounts.

Royal Bancshares of Pennsylvania Inc. in Narberth said Tuesday that regulators had terminated its July 2009 consent order.

Skip Hageboeck, CEO of City Holding Co., has a clear idea where he wants to go (the I-81 corridor that runs through Virginia) and where he doesn't (the District of Columbia). His pace is slow, one deal every six years, but he's fine with that.

Mercantile Bancorp Inc. in Quincy, Ill., notified the NYSE Amex that it intends to voluntarily delist its common stock.

Hanmi Financial said it is planning to sell 87.5 million common stock shares at 80 cents a share, using a "substantial portion" of the funds to provide capital to its banking unit and to support growth.

Valley National Bancorp in Wayne, N.J., said Monday that it had added two of its senior executives to its board.

State Bank Financial Corp. in Atlanta reported that its third-quarter earnings nearly doubled from a quarter earlier, to $17.1 million, due largely to higher accretion on loans covered by loss-share agreements with the Federal Deposit Insurance Corp.

Capitol Bancorp Ltd.'s credit costs are shrinking, but its capital hole is only getting deeper. The $2.5 billion-asset company, which has dual headquarters in Phoenix and Lansing, Mich., reported on Thursday a loss of $22.8 million for the third quarter, a 56% improvement from the loss it reported a year earlier.

Sometimes a quarterly report includes a noteworthy item that happened after the quarter ended. Porter Bancorp Inc. in Louisville, Ky., had three of them.

State regulators closed the $62.4 million-asset Community Bank of Rockmart in Georgia on Thursday, the 88th failure this year.

Four community bankers on the hunt for acquisitions warned prospective sellers that they will have little say in how much they get paid.