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With its future in doubt, the company hires investment banks to help it explore its options.
November 1 -
Royal Bancshares of Pennsylvania Inc. reported a third-quarter loss of $1.9 million and an impairment charge overshadowed improved credit trends.
November 1 -
The Illinois Department of Financial Institutions closed the $37.8 million-asset All American Bank in Des Plaines on Friday.
October 28 -
First Business Financial Services Inc. in Madison, Wis., reported third-quarter earnings of $2.2 million, more than double its profit from a year ago, thanks to strong revenue and margin growth.
October 28 -
After three straight years of losses, Citizens Republic Bancorp Inc. in Flint, Mich., reported its second-straight profitable quarter for the three months that ended Sept. 30, thanks largely to improved asset quality and a double-digit increase in commercial and industrial loans.
October 28 -
Central Pacific Financial Corp., which lost more than $364 million in 2009 and 2010, has now made money in three straight quarters as the Honolulu company continues to shed problem assets.
October 28 -
Glacier Bancorp Inc.'s shares fell Friday after the company posted a third-quarter loss of $19 million due to a $32.6 million goodwill impairment charge.
October 28 -
Aided by a recent acquisition and its investment in new branches, WSFS Financial Corp. in Wilmington, Del., reported a profit of $6.8 million, or 70 cents per share, in the third quarter, handily beating consensus analysts' estimates.
October 28 -
National Penn Bancshares Inc. said Friday that third quarter earnings more than doubled from a year earlier, to $24.8 million, after the company recorded no loan-loss provision.
October 28 -
Opus Bank in Irvine, Calif., said Friday that it has raised $100 million in capital from management and investment funds as part of a plan to keep pace with its loan growth.
October 28 -
Park Sterling Corp. in Charlotte, N.C., said it expects to complete its acquisition of Community Capital Corp. in Greenwood, S.C., next week.
October 28 -
BankUnited Inc. posted a slight increase in third-quarter earnings as the Miami Lakes company continued to aggressively grow commercial loans in Florida.
October 27 -
The Federal Reserve has announced written agreements with three banking companies.
October 27 -
Many failed and open banks will be up for grabs across the South, the company says.
October 27 -
Enterprise Financial Services Corp. in St. Louis reported earnings of $9.7 million for the third quarter, nearly doubling its earnings from a year earlier, as the company made more money on loans and in its wealth management division.
October 27 -
WASHINGTON - Two Florida bank executives and one bank borrower were sentenced to federal prison Tuesday and ordered to pay nearly $100 million for attempting to defraud the Troubled Asset Relief Program.
October 27 -
James F. House soon will take the helm of United Security Bancshares Inc., a Thomasville, Ala., banking company that has hit hard times.
October 27 -
KeyBank said Wednesday it has appointed Rodney Drake as vice president and coordinator for its program geared towards low-income and underserved customers.
October 27 -
Credit quality is improving at Old Second Bancorp Inc., but the struggling company is still losing money.
October 27 -
Valley National Bancorp in Wayne, N.J., said its third-quarter profit rose 8.3% from the same period last year, as it made more real estate loans.
October 27





