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Northwest Bancshares Inc. in Warren, Pa., said Tuesday that it is closing its Florida operation. The $8.1 billion-asset company said its board had authorized the closing of its three Florida branches.
January 25 -
Signature Bank in New York said Tuesday that it had earned $30.3 million in the fourth quarter, up 44% from a year earlier.
January 25 -
Nara Bancorp Inc. in Los Angeles has reported earning $5 million in the fourth quarter, compared with a loss a year earlier.
January 25 -
Britton & Koontz Capital Corp. in Natchez, Miss., reported a fourth-quarter profit despite a rise in nonperforming assets.
January 24 -
Sierra Bancorp in Porterville, Calif., reported a dip in fourth-quarter earnings that it attributed Monday to bigger losses associated with foreclosed properties.
January 24 -
The State Employees' Credit Union in Raleigh, N.C., started an estate planning and will preparation pilot program last week.
January 24 -
Fidelity Southern Corp. in Atlanta returned to full-year profitability after earning $3 million in the fourth quarter. The $1.91 billion-asset company lost $3.9 million in 2009 but earned $10.1 million last year.
January 24 -
Virginia Heritage Bank in Fairfax reported $1.3 million of fourth-quarter net income, an 86.5% increase from a year earlier.
January 24 -
Wintrust Financial Corp. in Lake Forest, Ill., said Monday that its fourth-quarter earnings fell 50% from a year earlier, to $14.2 million.
January 24 -
The $13.1 billion-asset company said Monday that its earnings were up slightly from a year earlier, to $40.6 million, or 84 cents a share.
January 24 -
Pacific Commerce Bank in Los Angeles said Monday that it raised $5 million in a private placement this month.
January 24 -
The Cincinnati company will provide services including debit card processing, automated teller machine driving, fraud protection and card production to First New Mexico Bank of Deming, N.M.; Valley Bank of Commerce in Roswell, N.M.; and First State Bank of Mesquite, Texas. First New Mexico has 13 ATMs, Valley Bank has two ATMs and First State Bank has four ATMs.
January 24 -
With regulators catching flak for taking too long to close "zombie" institutions, the failure of United Western Bank seemed atypically quick.
January 24 -
First Hawaiian Bank said Friday that its fourth-quarter earnings rose 4% year over year, to $50.2 million. For the full year loans at the Honolulu company grew 3.3%.
January 23 -
Colony Bankcorp Inc. in Fitzgerald, Ga., is closing in on break-even quarterly results. The $1.3 million-asset company on Friday reported a fourth-quarter loss of $47,000, compared with a $14.6 million loss a year earlier.
January 23 -
Despite having private-equity commitments, the $2 billion-asset United Western Bank in Denver failed Friday. Regulators also closed banks in the Carolinas and Georgia.
January 21 -
F.N.B. Corp. in Hermitage, Pa., promoted a company insider to president. Vincent Delie Jr. was also named the chief executive of First National Bank, the $9 billion-asset company said Thursday.
January 21 -
Members of Louisiana Corporate Credit Union would not be required to obtain new capital after their corporate institution is merged into Corporate America Credit Union, under preliminary plans announced by the two corporates.
January 21 -
Improved credit helped 1st Source Corp. in South Bend, Ind., more than double fourth-quarter earnings from a year earlier.
January 21 -
Tennessee Commerce Bancorp Inc. in Franklin said its fourth-quarter earnings fell 56% from a year earlier, to $553,000, as noninterest expenses increased.
January 21




