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Roughly a year after announcing plans to halve itself to survive, Mercantile Bancorp Inc. in Quincy, Ill., is again in search of more capital.
November 16 -
The dismal results came after the $1.6 billion-asset company said it would sell a majority of its common stock to private-equity-backed North American Financial Holdings.
November 15 -
Capitol Federal said it had received conditional approval from the OTS to begin a new offering of between 118 million and 159 million shares of common stock at $10 a share.
November 15 -
Horizon Bancorp in Michigan City, Ind., said it has repurchased 25% of its preferred stock under the Troubled Asset Relief Program.
November 15 -
The $7.5 billion-asset company on Monday held a call for all of its 8% trust-preferred securities that were due in 2032 at a redemption price of $25 a share.
November 15 -
Bank of Granite in Granite Falls, N.C., cited higher credit-related expenses in reporting that it third-quarter loss widened to $4.3 million.
November 15 -
Royal Bancshares of Pennsylvania Inc. in Narberth said Monday that it narrowed its third-quarter loss by 36% compared with a year earlier.
November 15 - Georgia
Two failures in Georgia and another in Arizona late Friday cost the Deposit Insurance Fund about $204 million.
November 12 -
First Northern Community Bancorp in Dixon, Calif., said Owen Onsum will retire as president and chief executive at the end of the year.
November 12 -
Tri-County Financial Corp. in Waldorf, Md., said Friday that its board authorized the repurchase of up 1% of its common stock.
November 12 -
Cardinal Bankshares Corp. in Floyd, Va., said Friday that its third-quarter earnings nearly tripled year over year, to $829,000.
November 12 -
The $889.4 million-asset company said late Wednesday that it was selling about 62% of its stock still owned by its mutual holding company, or up to 8.7 million shares of common stock, at $8 a share.
November 12 -
The $2.2 billion-asset Denver company said in a SEC filing that it'd be late reporting its Sept. 30 results because of issues regarding its valuation of mortgage-backed securities.
November 11 -
The $615.2 million-asset parent of Delaware County Bank and Trust is offering voluntary retirement packages under a plan to cut costs by $1 million.
November 11 -
Capital Bank rejected a higher per-share offer from another private-equity firm in favor of a $181 million bid from North American Financial for a majority stake in the company.
November 11 -
The $1.9 billion-asset company announced Thursday morning that it has one more day to satisfy the closing conditions of a recapitalization deal with its largest shareholder, David F. Bolger, and Donald Marron's Lightyear Capital LLC.
November 11 -
Integra Bank Corp. in Evansville, Ind. said Wednesday that its third-quarter loss widened by 70% compared with the second quarter, to $17.3 million.
November 10 -
Under an informal agreement with regulators, Green Bankshares Inc. in Greeneville, Tenn., has suspended dividend payments, even those owed to the Treasury Department.
November 10 -
NewDominion Bank of Charlotte, N.C., has hired a banking veteran to lead the company out of its consent order.
November 10 -
Cascade Bancorp in Bend, Ore., had until last Friday to secure $150 million of badly needed capital, and it remains unclear whether it got the funding.
November 10





