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PremierWest Bancorp in Medford, Ore., has succeeded in recapitalizing its bank, though a fresh regulatory order has pushed back the target.
April 8 -
First Financial Holdings Inc. of Charleston, S.C., warned Thursday that it expects to report a steep loan-loss provision for its fiscal second quarter, which ended March 31.
April 8 -
With its latest deal, Investors Bancorp Inc. has made strides toward achieving two of its goals: extending its reach to New York City and adding to its commercial loan portfolio.
April 6 -
Charter Bank in Bellevue, Wash., is changing its name to better reflect its mission of serving high-net-worth individuals and their businesses.
April 6 -
Central Valley Community Bancorp in Fresno, Calif., filed Tuesday to register roughly 1.3 million shares with the Securities and Exchange Commission.
April 6 -
Community Bank of the Bay in Oakland, Calif., raised $5 million of fresh capital Monday, after closing the first tranche of a public offering.
April 6 -
Mercantile Bancorp Inc. of Quincy, Ill., said Tuesday that it narrowed its fourth-quarter loss to $4.3 million, from $6.7 million a year earlier.
April 6 -
Anchor BanCorp Wisconsin Inc. is going back to square one in its recapitalization efforts after its lifeline collapsed — a situation that may be increasingly common for banks in distress.
April 5 -
First Chester County Corp. of West Chester, Pa., said that a top executive resigned from the board of directors, and that the company failed to file its annual report, according to a filing with the Securities and Exchange Commission.
April 5 -
Eagle Bancorp Montana Inc. of Helena said Monday it completed the second step of its conversion from a mutual to a stock company.
April 5 -
Heritage Financial Group in Albany, Ga., is revising its fourth quarter and 2009 results after selling off its largest nonperforming loan.
April 5 -
First Midwest Bank in Itasca, Ill., wants to make it perfectly clear — it is not to be confused with Midwest Bank and Trust Co.
April 5 -
Add Independent Bank in Ionia, Mich., to the list of companies that have successfully renegotiated the Treasury Department's investment under Tarp.
April 5 - Missouri
The Federal Reserve released written agreements with banks in Missouri and Florida on Thursday, limiting the firms' ability to pay dividends and boosting oversight of their operations.
April 5 -
United Community Banks Inc. has agreed to sell $100 million of nonperforming loans to an asset manager in order to rid illiquid assets and create capital as the bank continues to suffer from a credit crunch.
April 5 -
A research note from Sandler O'Neill & Partners LP last week said the $1.3 billion-asset company was required to increase capital levels, reduce problem assets, reduce exposure to construction and land loans and create a liquidity management plan.
April 4 -
The president of Frontier Financial Corp.'s bank unit said he was fired for trying to use vacation time.
April 4 -
Many smaller banks say they plan to keep offering such services because demand is strong and overdraft fee income is essential.
April 1 -
The Federal Reserve announced an enforcement action against Atlantic Bancgroup in Jacksonville Beach, Fla., a move taken to help maintain financial soundness at the firm.
April 1 -
The Federal Reserve Bank of St. Louis announced Tuesday it had entered into a written agreement with BankTennessee Bancshares Inc. and its subsidiary to improve its loan quality and tighten lending standards.
March 30


