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Yadkin Valley Bank and Trust Co. in Elkin, N.C., has exited the wholesale mortgage business in order to better focus on retail mortgage lending.
July 26 -
Northwest Bancshares Inc. in Warren, Pa., said this week that its second-quarter earnings were down 7% from the same period last year, to $15 million, due largely to costs related to an employee stock-benefit plan.
July 26 -
Shares of BancorpSouth Inc. were up sharply early Tuesday after the Tupelo, Miss., company rebounded from a surprisingly weak first quarter to report a second-quarter profit that handily beat analysts' estimates.
July 26 -
F.N.B. Corp. in Hermitage, Pa., reported that its second quarter earnings rose nearly 25% from a year earlier, to $22.4 million, up nearly 25%, due largely to lower credit costs.
July 25 -
Chemical Financial Corp. in Midland, Mich., reported Monday that its second quarter earnings rose 150% from a year earlier, to $11 million, as credit costs fell and net interest income increased.
July 25 -
Metro Bancorp Inc. in Harrisburg, Pa., reported Monday that second quarter earnings jumped 453% from a year earlier, to $2 million, due to a sizable drop in its loan-loss provision.
July 25 -
Bank of Hawaii Corp. in Honolulu reported that its earnings fell nearly 25% from a year earlier, to $35.1 million, as it paid out $9 million to settle a class-action lawsuit involving overdraft fees on debit cards.
July 25 -
S&T Bancorp Inc. in Indiana, Pa., reported that its second-quarter earnings rose 58.5% from a year earlier, to $14.9 million, due largely to improved asset quality and the resolution of several nonperforming loans.
July 25 -
WASHINGTON — Two failed banks in Florida went to one acquirer Friday, and regulators also shut a $1 billion-asset bank in Colorado, as the year's failure total reached 58.
July 22 -
USAmeriBancorp Inc. in Clearwater, Fla., is planning to acquire the remaining stake in an Alabama bank that it does not already own.
July 22 -
Bank of the Carolinas Corp. fell into a deeper hole in the second quarter, posting a net loss of $9.9 million compared, to a loss of $415,000 a year earlier.
July 22 -
Bank Mutual Corp. in Milwaukee reported a loss of $51.4 million for the second quarter, largely stemming from a $52.6 million goodwill impairment charge.
July 22 -
Southside Bancshares Inc. of Tyler, Texas, said that its second-quarter profits rose 18% from same period a year earlier, to $11.5 million, and that earnings per share increased 19.6%, to 67 cents.
July 22 -
Analysts at Sandler O'Neill & Partners have raised earnings estimates for City National Corp. after the Los Angeles company reported strong second-quarter earnings growth that was aided by improved asset quality and "promising" gains in its commercial-and-industrial loan portfolio.
July 22 -
The $22 billion-asset company reported net income available to shareholders of $25.6 million, compared to $15.4 million in the first quarter and a net loss of $10.2 million a year earlier.
July 22 -
Aided by improved credit quality and strong loan and deposit growth, Prosperity Bancshares Inc. in Houston reported earnings of $35.1 million in the second quarter, up 10.5% from the same quarter in 2010.
July 22 -
MB Financial Inc., which took an aggressive stance on its credit by purging bad loans, reported a $10 million net loss available for shareholders during the second quarter.
July 22 -
Despite having negative equity, Albina Community Bancorp in Portland, Ore., managed to turn a profit for a second quarter in a row.
July 22 -
TCF Financial Corp. in Wayzata, Minn., reported earnings of $29.8 million in the second quarter, down 33% from a year earlier, as the company grapples with ways to replace fee income.
July 21 -
SVB Financial Group said Thursday that its second quarter earnings more than tripled what it made a year earlier, to $65.8 million.
July 21





