Location Root Tag

Earnings for Western Alliance Bancorporation in Phoenix jumped 550% for the third quarter from a year ago to $13 million, due largely to strong loan growth and improved asset quality.

A community bank held the most deposits in at least nine Texas metropolitan areas at June 30, according to data recently issued by the Federal Deposit Insurance Corp.

Pacific Continental Corp. in Eugene, Ore., reported Monday that its income for the third quarter was $2.6 million, up 125% compared with the same period a year earlier. Earnings per share more than doubled, to 14 cents, beating consensus analysts’ estimates by three cents.

Washington Federal Inc. in Seattle said Monday that it had completed its purchase of six Charter Bank branches and $254 million in deposits in New Mexico.

Eagle Bancorp Inc. in Bethesda, Md., has hired Virginia Navas Heine to oversee its commercial and industrial lending.

State regulators closed three banks along the East Coast and one in Illinois on Friday night, bringing this year's failure tally to 80.

Under pressure from investors to improve its performance, HF Financial Corp. in Sioux Falls, S.D., announced Friday that it is replacing its longtime Chairman and Chief Executive Curtis L. Hage, effective immediately.

FJ Capital Management said Thursday that it had received a "significant investment" by Bridge Equities LLC.

First Midwest Bancorp Inc. said Thursday it will acquire about $185 million of deposits and a branch in suburban Chicago from Old National Bancorp.

Shares of Commerce Bancshares Inc. were down sharply midday Thursday after the Kansas City, Mo., company reported earnings that fell short of analysts' estimates and warned that new rules limiting debit-card fees could take a bite out of fourth-quarter profits.

Bank of the Ozarks Inc. reported income totaling $83.8 million for the nine months that ended Sept. 30, representing an almost 78% increase from the same period in 2010.

TowneBank in Suffolk, Va., is buying a Raleigh, N.C., insurance agency and merging it into its insurance subsidiary.

As credit unions seek to grab a bigger share of deposits, State Employees' CU has become the first credit union to publicly disclose its confidential financial condition as determined by regulators–its CAMEL code.

American Momentum Bank is committed to buying Brazos Valley Bank in College Station, Texas, though it swapped out its application with the Federal Reserve.

Sabal Financial Group L.P. of Newport Beach, Calif., has acquired a $153 million portfolio of loans located in some of the hardest hit regions of the United States.

The president of a small Atlanta-based bank testified to Congress on Wednesday that the derivatives provisions in the Dodd-Frank Act could hinder the bank's ability to manage risk and serve its clients.

United Community Banks Inc. in Blairsville, Ga., said it will record a special loan-loss provision of $25 million for the third quarter due to concerns over collateral associated with its largest loan relationship.

Park National Corp. in Newark, Ohio, said Tuesday that it had found a material weakness in its internal control over financial reporting, tied to its use of a third-party contractor.

New Hampshire Thrift Bancshares Inc., the parent of Lake Sunapee Bank, is entering the insurance business with its buy of McCrillis and Eldredge Insurance.

First Financial Corp.'s willingness to pay nearly double the tangible book value for Freestar Bank outside of Chicago is the most expensive small bank deal in months.