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A pair of banking companies said Friday that they have been approved for participating the in the Small Business Lending Fund and plan to use the funds to exit the Troubled Asset Relief Program.

Heritage Bankshares Inc. said Thursday that it had completed a $7.8 million investment transaction in the Small Business Lending Fund program.

The Federal Reserve this week took action against four banks, including three written agreements and the issuance of a prompt corrective order against Bank of the Eastern Shore.

A pair of North Carolina banks — FNB United and Bank of Granite — surprised industry observers last week, finding investors willing to commit $310 million for an arranged marriage between the struggling companies.

Hamilton State Bancshares Inc. is looking to repurchase up to $4.2 million of its common stock just five months after the Atlanta-area company received a hefty capital infusion to buy other banks.

NBH Holdings Corp. is following up its recent failed bank acquisition in Colorado with a branch deal and name change.

On Tuesday, the $904 million-asset company said that Lee R. Keith, a director since 2009, as its interim president and chief executive. Keith succeeds Ted T. Awerkamp, who had served in those positions since 2007.

First Citizens BancShares Inc. in Raleigh, N.C., reported a decline in second-quarter earnings after its loan-loss provision jumped.

Capitol Bancorp Ltd. has agreed to sell its interest in Bank of Las Colinas for a second time.

First BanCorp of Puerto Rico reported a smaller second-quarter loss than it did a year earlier, due in part to a smaller loan-loss provision and a pair of special gains.

With its coffers at capacity, the capital-flush Cincinnati company said recently it would raise its dividend to equal 100% of its quarterly earnings.

BancorpSouth Inc. said late Thursday that it is selling a pair of Texas branches to First National Bank of Hughes Springs in Texas.

Madison National Bancorp Inc. in Melville, N.Y., is giving an investment group an additional six months to complete its planned acquisition, but the seller is building in insurance.

First Security Bank of Nevada in Las Vegas has received a much-needed capital boost.

Aided by two acquisitions and sharply lower deposit costs, BankFinancial Corp. in Burr Ridge, Ill., swung to a profit of $1 million in the second quarter from a loss of $288,000 in the same period last year.

Cardinal Bankshares' biggest outside shareholder is hopping mad over an act that normally gives investors comfort: succession planning.

Community bank letting a vendor keep its systems up to date on regulatory requirements.

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.