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Regulators have hit Woodbury Banking Co. with a consent order for weaknesses in the company's asset quality, capital, earnings and management.
August 26 -
Two more community banks have exited the Treasury Department's Troubled Asset Relief Program with loans they received from another government fund designed to encourage small-business lending.
August 26 -
A small Silicon Valley bank that lends primarily to technology startups has opened a lending office in incubator space in Boston.
August 26 -
First Busey Corp. in Champaign, Ill., has received $72.6 million from the Small Business Lending Fund, the largest award to date since the Treasury Department began disbursing funds to community banks last month.
August 25 -
The New York Stock Exchange has warned Flagstar Bancorp Inc. that its stock is in danger of being delisted because it has traded at an average of less than $1 for 30 consecutive days.
August 25 -
On Thursday, the Fed published written agreements struck earlier this month with the $119 million-asset Texas Bancshares Inc. in Snyder, Texas, and the $169 million-asset Flagship Financial Group Inc. in Eden Prairie, Minn.
August 25 -
Broadway Financial in Los Angeles is planning to close two of its five branches as part of a broader plan to trim overhead and preserve capital.
August 25 -
City Holding Co. in Charleston, W.Va., said Tuesday that it has agreed to pay $3 million to settle a class-action suit in which depositors accused the $2.7 billion-asset company of improperly assessing overdraft fees.
August 24 -
First BanCorp's bid to raise more than $560 million of fresh capital hit a snag this week after the San Juan, P.R., company failed to obtain enough shareholder votes to proceed with its plan to issue 150 million of new shares.
August 24 -
BankAtlantic Bancorp in Fort Lauderdale, Fla., has promoted Charles Mohr to president of retail banking, the latest in a string of executive appointments the company has recently announced.
August 22 -
A small mutual thrift in Maryland has won approval from state and federal regulators to convert to a publicly traded company.
August 22 -
Regulators closed banks in Florida, Georgia and Illinois Friday, all in places were many banks have already met their demise. On Thursday, a bank failed in Pennsylvania, one of just a handful to fail in that state in the last few years.
August 19 -
The Office of the Comptroller of the Currency closed Lydian Private Bank in Palm Beach, Fla., on Friday. The $1.7 billion-asset bank is the 10th bank to fail in Florida this year.
August 19 -
Dearborn Bancorp in Michigan may need to restate its earnings for the quarter that ended June 30 pending the results of its latest examination by the Federal Deposit Insurance Corp.
August 19 -
Great Southern Bancorp Inc. of Springfield, Mo., has received $57.9 million from the Treasury Department's Small Business Lending Fund and will use the proceeds to exit the Troubled Asset Relief Program.
August 18 -
The banking crisis in Georgia has spread to the state capital, as several lawmakers, including the governor, have personal ties to some of the state’s failed banks.
August 18 -
Meridian Bank is finally making money again after three years of heavy losses.
August 18 -
Hampton Roads Bankshares Inc. in Norfolk, Va., announced Thursday that its president and chief executive officer, John A.B. "Andy" Davies has resigned to return to his management consulting practice.
August 18 -
Under pressure from its largest shareholder to beef up its capital base, Polonia Bancorp in Huntingdon Valley, Pa., has announced that it is planning to become a 100% stock-owned company.
August 18 -
Former top executives at LaSalle Bank are looking to start a bank that would acquire the assets and deposits of failed banks in and around Chicago.
August 18



