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United Bancorp Inc. in Martins Ferry, Ohio, reported another profitable quarter despite higher credit costs. The $431.1 million-asset company posted a gain of $738,000 in the first quarter, compared with $683,000 a year earlier.

First Carolina Corporate Credit Union in Greensboro said Friday that it raised $60 million in new perpetual contributed capital, becoming the latest corporate to successfully complete a recapitalization.

First National Bank of the Gulf Coast in Naples on Friday sold the first $40 million of common stock under a planned $148 million private placement.

Battered by problem loans, Tennessee Commerce said it lost $3.2 million in the first quarter. By comparison, the company earned $553,000 in the fourth quarter of 2010.

Thomas O'Brien, the chief executive and president of State Bancorp, just proved the adage that short-term pain can sometimes yield long-term gains.

MoneyGram International Inc. said Thursday that its first-quarter net income rose 30% year over year, to $14 million.

Citizens Republic Bancorp Inc. in Flint, Mich., reported a loss of $68.7 million in the first quarter, a marked improvement over the $106 million it lost in the last quarter of 2010.

The personal financial management provider Geezeo Inc. said that it had entered an agreement to provide services to McCoy Myers & Associates Inc. of Amarillo, Texas, a division of Computer Services Inc.

United Community Bancshares Inc. in Blairsville, Ga., has not reported a profitable quarter since mid-2008, but its chief executive said Thursday that he expects that to change starting this quarter.

Things might be improving for Flagstar Bancorp Inc. in Troy, Mich., despite recording its eleventh straight quarterly loss on Wednesday.

Amalgamated Bank in New York has named Edward Grebow, a former private-equity firm executive, as its president and chief executive.

Abington Bancorp Inc. in Jenkintown, Pa., has settled a shareholder lawsuit alleging that officers and directors had breached their fiduciary duty when they agreed to sell the company to Susquehanna Bancshares Inc. for $273 million in stock.

Iberiabank Corp. in Lafayette, La., reported Tuesday that first-quarter earnings rose 12.6% from a year earlier, to $14.6 million, despite $1 million in acquisition costs.

Cullen/Frost Bankers Inc. in San Antonio said Wednesday that first-quarter earnings rose 8.6% from a year earlier, to $52 million.

Sterling Bancorp said the Treasury Department has approved its exit from the Troubled Asset Relief Program. On Wednesday Sterling redeemed all $42 million of preferred stock tied to Tarp.

First Financial Bankshares Inc. in Abilene, Texas, is planning a three-for-two split of its common stock. The $3.83 billion-asset company said the split will take the form of a 50% stock dividend, which it will distribute on June 1 to shareholders of record on May 15.

Put two ailing banks together and conventional wisdom dictates you might have twice the problems. You might also have a very attractive target for private equity.

Sterling Bancorp in New York reported Tuesday that first-quarter earnings rose 71% from a year earlier, to $3.3 million. The $2.39 billion-asset company's loan-loss provision was halved from the first quarter of 2010, to $3 million.

BancorpSouth Inc. in Tupelo, Miss., reported a first-quarter loss because of higher credit costs and a decline in mortgage-related revenue.

Vensure Federal Credit Union in Mesa, Ariz., taken under conservatorship by the National Credit Union Administration two weeks ago, claimed that the NCUA knew all along that it was processing online bets for the two biggest poker websites.