Location Root Tag

Capitol Federal Financial Inc. in Topeka, Kan., has decided to wait until its one-year anniversary as a 100% stock-owned company before before pursuing a stock buyback program.

BlueRidge Bank in Frederick, Md., is expanding its operations in the Baltimore metropolitan area by converting its year-old commercial loan office there into a full-service branch.

For CrossFirst, the last three years have been filled with perseverance. It spent three years trying to raise capital and 13 months cleaning up a troubled bank before regulators would allow it to merge it with its de novo bank.

Just days after announcing plans to raise $10 million in a preferred stock offering, BofI Holding Inc. in San Diego now says it intends to raise $18 million.

Community Pride Bank Corp. in Ham Lake, Minn., is under orders from the Federal Reserve Bank of Minneapolis to use all of its "financial and managerial" resources to ensure that its bank subsidiary remains safe and sound.

The FDIC has terminated its consent order against Clarkston State Bank in Michigan after the bank recapitalized with investments from private citizens and current board members and made improvements in managing its loan portfolio.

First Bancorp in Troy, N.C., has received $63.5 million from the Treasury Department's small-business lending program and has used the funds to exit the agency's Troubled Asset Relief Program.

The Federal Reserve on Thursday announced two written agreements and three civil money penalties.

Weighed down by problem loans, Anchor Bancorp in Lacey, Wash., reported a loss of $4.7 million in the quarter that ended June 30, more than quadrupling its loss from the same period a year earlier.

The proposal made to require all banks located within the U.S. to report interest payments to nonresident alien depositors would be detrimental to economic growth in local communities and expose those nonresident depositors to possible criminal activity aided by unstable and corrupt foreign governments.

A $9.07 a share, Beach Business Bank's comes at a 53% premium to the Manhattan Beach, Calif., seller's closing price.

Heartland Financial USA Inc. in Dubuque, Iowa was approved for up to $81.7 million in the Small Business Lending Fund, the largest amount publicly announced.

The Federal Reserve Bank of Chicago has ordered CB Holding Corp. in Aledo, Ill., to serve as a source of strength for its struggling bank unit, Country Bank.

Waccamaw Bankshares Inc. in Whiteville, N.C., has until late September to file certain financial statements with the Securities and Exchange or else its thinly traded stock could be removed from the Nasdaq exchange.

Bank of Commerce Holdings in Redding, Calif., has beefed up its payroll processing capabilities by acquiring a small payroll firm in its hometown.

The bank said in a press release that it would use the proceeds to further strengthen its capital position, support growth strategies and for general corporate purposes.

PVF Capital Corp. in Solon, Ohio, reported a loss of $2.6 million for its fiscal fourth quarter, a slight improvement from a year earlier.

Under orders from its regulators to boost a key capital ratio, Pacific Mercantile Bancorp in Costa Mesa, Calif., announced that it has already raised $11.2 million of fresh capital and has a deal in place to raise $27.3 million more.

First BanCorp in San Juan, Puerto Rico, has $525 million of capital committed. Now it needs its shareholders to show up and vote for a key part of its recapitalization plan.

Texas Capital Bancshares Inc. in Dallas has lost the first round in a legal battle over a loan it made to an Oklahoma automobile dealer that soured.