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Fast-growing Berkshire Hills Bancorp Inc. in Pittsfield, Mass., is expanding into Connecticut with a deal to acquire the Connecticut Bank and Trust Co. in Hartford for $30 million in cash and stock.
October 26 -
NBT Bancorp Inc. in Norwich, N.Y., reported third-quarter net income of $15.2 million, up 4.4% from a year earlier, due largely to improved asset quality.
October 25 -
Shares of PrivateBancorp Inc. surged Tuesday following news that the Chicago company had more than doubled its third-quarter earnings from a year earlier as revenue increased and credit costs subsided.
October 25 -
BancorpSouth Inc.'s shares plunged Tuesday after the Tupelo, Miss., company reported an increase in problem loans and Moody's Corp. downgraded its credit rating.
October 25 -
Aided by solid loan growth, Chemical Financial Corp. in Midland, Mich., and Lakeland Financial Corp. in Warsaw, Ind., reported sharp increases in profits for the quarter that ended Sept. 30.
October 25 -
Deposit gains hurt third-quarter profits at big banks such as Wells Fargo & Co., but they led to record profits at Signature Bank in New York.
October 25 -
FirstMerit Corp. in Akron, Ohio, reported third-quarter earnings of $31.7 million, up about 9% year over year, thanks to increased commercial lending activity and fewer problem assets. Earnings per share were rose 7%, to 29 cents, beating analysts' estimates by a penny, according to Thomson Reuters.
October 25 -
West Coast Bank in Lake Oswego, Ore., has been ordered by the Federal Deposit Insurance Corp. to improve oversight of its overdraft program and reimburse customers who incurred overdraft fees last year using their debit or ATM cards.
October 25 -
In a bid to raise fresh capital, ailing Waccamaw Bankshares Inc. in Whiteville, N.C., is selling eight of its branches in North Carolina and three in South Carolina to rival First Bancorp in Troy, N.C.
October 25 -
1st United of Boca Raton struck two deals in three days that would move it into central Florida and give it 26 branches in the state.
October 24 -
Piedmont Community Bank Holdings Inc. in Raleigh, N.C., said Monday that it received regulatory approval to buy a majority stake in Crescent Financial Corp. for $75 million.
October 24 -
FNB United Corp. has completed its acquisition of Bank of Granite Corp., part of the unprecedented merger of two ailing banks in North Carolina.
October 24 -
Fred Joseph, Colorado's banking commissioner, said Community Banks of Colorado should have been able to sell its branches in a bid for more time to resolve its problems. But the FDIC and the Fed overruled him — and then failed the bank.
October 24 -
Bank of Hawaii Corp. in Honolulu posted third-quarter earnings of 92 cents a share, nine cents more than the average expectation of analysts.
October 24 -
Anchor Bancorp's losses widened in the third quarter, though the Lacey, Wash.-based company shrunk its nonperforming assets.
October 24 -
Metro Bancorp Inc. in Harrisburg, Pa., posted a third-quarter loss of $5.7 million due to increases in the loan loss provision and chargeoffs.
October 24 -
Arizona regulators this week seized control of the troubled mortgage insurance division of PMI Group, Walnut Creek, Calif., according to a notice posted on the company's website.
October 23 -
Two community banks in Georgia, and one in Florida, were closed late Friday at a cost of more than $130 million to the Federal Deposit Insurance Corp.
October 21 -
Under an order from regulators to raise fresh capital, Central Federal Corp. in Fairlawn, Ohio, said in a Securities and Exchange Commission filing Friday that its shareholders have approved a plan to more than quadruple its number of outstanding shares.
October 21 -
SVB Financial Group's stock was up sharply Friday after the company reported third-quarter earnings that handily beat analysts' estimates.
October 21





