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Clifton Savings Bancorp Inc. in New Jersey said that its second-quarter net income fell nearly 18% from the same period last year due to legal expenses related to its decision to terminate its planned second-step conversion.

In one of the first actions of its kind, the National Credit Union Administration has sued a real estate appraiser it says provided a faulty appraisal for a loan that left the now-defunct Utah Central Credit Union holding the bag for more than $400,000.

Rockville Financial Inc. eked out just a small profit in the second quarter after it opted to use the proceeds from its recent second-step conversion to pay down debt and hire new talent.

The Federal Reserve on Tuesday disclosed written agreements with two banks.

HF Financial Corp. in Sioux Falls, S.D., said Tuesday that it expects to revise its results for its fiscal year that ended June 30 downward by $500,000 to $1 million to reflect downgrades in its agriculture portfolio.

Community banks in New York City are building loan books by snagging small to midsize companies overlooked by big retail-focused rivals.

Richard Lashley, an activist investor known for pressuring underperforming banks to find buyers, has won a seat on the board of BCSB Bancorp Inc. in Baltimore.

John F. Novak, chief executive of Millennium Bankshares Corp. in Sterling, Va., is expected to step down at the end of this month.

An activist investor at Cardinal Bankshares Corp. in Floyd, Va., is protesting the company's latest executive hire.

Coming off the best quarter in its 101-year history, German American Bancorp in Jasper, Ind., appears to be readying itself for expansion.

OmniAmerican Bancorp Inc. in Fort Worth, Tex., said Monday that its net income for the second quarter more than doubled from a year earlier, to $1.2 million, due largely to lower deposit costs and 20% increase in interest-earning assets.

The Federal Deposit Insurance Corp. has ordered three community banks hobbled by losses on real estate loans to raise fresh capital or merge with other banks.

Battered by loan troubles, Princeton National Bancorp Inc. Illinois announced after markets closed Friday that it lost $2.9 million, or 88 cents per share, in the quarter that ended June 30.

Integra Bank in Evansville, Ind., was closed by the Office of the Comptroller of the Currency, after fighting to survive for nearly two years.

After ripping off 11 straight quarters of losses, the Blairsville, Ga., company reported a second-period profit last week. That turned heads.

BankAtlantic Bancorp Inc. in Fort Lauderdale, Fla., is heading west to try to drum up interest in its stock.

West Coast Bancorp in Lake Oswego, Ore., reported a profit of $4.6 million in the second quarter, a vast improvement over the same period last year, but a bit of a letdown when compared with this year's first quarter.

SCBT Financial Corp. in Columbia, S.C., which bought a failed bank and raised capital in February, on Friday posted its best quarterly results in two years.

In its second full quarter as a 100% stock-owned company, Capitol Federal Financial Inc. in Topeka reported earnings of $17.3 million, an increase of 11% over the same period in 2010.

First Mariner Bancorp reported a loss of $11 million in the second quarter, plunging the ailing Baltimore company deeper into a capital hole.