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ENB Financial Corp. in Ephrata, Pa., reported that first-quarter earnings rose 15.6% from a year earlier, to $1.7 million, as the company lowered its funding cost while credit costs remained stable.

Columbia Banking System Inc. of Tacoma, Wash., said late Tuesday that its chief executive had joined the board of the American Bankers Association.

Cardinal Financial Corp. in Tysons Corner, Va., reported that its first-quarter profit rose 37% from a year earlier, to $5.2 million, as the company reported lower credit costs and higher income.

Premier Financial Bancorp in Huntington, W.Va., has consolidated five of its banks into one that it has branded Premier Bank.

Many of these young banks are treading water, at best, waiting for the elusive rebound while coping with higher compliance costs.

Chemung Financial Corp. in Elmira, N.Y., has completed its acquisition of Fort Orange Financial Corp. in Albany, N.Y.

Tower Bancorp Inc. in Harrisburg, Pa., said last week that its chief financial officer had returned from a medical absence.

State regulators last Friday approved a request by Bellco Credit Union in Greenwood Village, Colo., to expand in order to serve all 610,000 residents of Denver County.

Hancock Holding Co. in Gulfport, Miss., said Monday that Nasdaq Stock Market Inc. notified it last week that it had failed to comply with a rule dealing with director independence.

Camden National Corp. in Maine has formed an executive management team. The five-officer team reports to Gregory Dufour, the $2.3 billion-asset company's president and chief executive.

Suffolk Bancorp in Riverhead, N.Y., said Tuesday that is overhauling its lending operations after reporting a big first-quarter loss.

Intervest Bancshares Corp. in New York posted a first-quarter profit after reporting a loss a year earlier. The $2 billion-asset company reported a profit of $1.7 million, or 8 cents a share, compared with a loss of $2.9 million, or 35 cents a share, a year earlier.

The Federal Reserve Board on Tuesday announced enforcement actions against two banks.

G. Kennedy Thompson, a former chairman and chief executive of Wachovia Corp., will join the board of BNC Bancorp in High Point, N.C.

Baltimore County Savings Bank is looking to switch to a Maryland chartered bank from a federal thrift.

First Place Financial Corp. in Warren, Ohio, has deferred payments on its subordinated debt and preferred shares issued to the Treasury Department to save cash and comply with an enforcement action.

Altura Credit Union in Riverside, Calif., which reported a 2010 loss of $5.8 million, said Friday that it is closing four branches and laying off 26 employees, or 11% of its work force.

Norwood Financial Corp. in Honesdale, Pa., has received approval from shareholders of North Penn Bancorp Inc. to buy the Scranton, Pa., company.

Community Bank System Inc. in DeWitt, N.Y., said Monday that it has completed its acquisition of Wilber Corp.

The Federal Reserve on Friday approved an application by China's Bank of Communications Co. to open a branch in San Francisco.