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Glacier Bancorp Inc. of Kalispell, Mont., says it may use proceeds from a common stock offering to acquire failed banks, a strategy that management had previously left off the table.
March 22 - Texas
Cardtronics Inc. announced Monday that it plans a secondary stock offering, more than two years after its initial public offering.
March 22 - Delaware
Regulators closed three banks Friday, including the largest bank subsidiary of bankrupt Advanta Corp., to bring the year's failure toll to 33.
March 19 -
Encore Bancshares in Houston is paying to get out of Florida. The $1.6 billion-asset company announced an agreement last week to sell its six Florida branches, with $231 million in deposits and $86.2 million in loans, in two deals that will cost the company $1 million.
March 19 -
Britton & Koontz Capital Corp. of Natchez, Miss., has revised its fourth-quarter results to reflect a loss instead of a gain.
March 18 -
Royal Bancshares of Pennsylvania Inc. reported on Thursday a fourth-quarter loss of $10.1 million and that it is has entered into a written agreement with the Federal Reserve Bank of Philadelphia.
March 18 -
Sandy Spring Bancorp in Olney, Md., on Thursday announced pricing for a common stock offering expected to raise at least $87.7 million.
March 18 -
TRC Interactive Inc. said its fraud detection simulations will be used at State Bank of Texas in Houston and Prevail Credit Union in Seattle.
March 18 -
Chase Paymentech LLC has agreed to offer card-not-present security services from Kount Inc. to all its merchant clients.
March 18 -
The $667 million-asset bank, in danger of failing with more than 10% of its assets not performing, was under orders from the Federal Deposit Insurance Corp. to more than double its leverage ratio by early February and then take it up another notch by March 8. But the agency gave the Korean-focused subsidiary of Saehan Bancorp more time, and after several false starts, the bank raised $60.5 million.
March 18 -
ShoreBank Corp. in Chicago announced Wednesday that veteran Chicago banker David Vitale is set to become its executive chairman should it raise the capital it needs.
March 17 -
First Financial Services Corp. in Hendersonville, N.C., reported a $9.9 million fourth-quarter loss, six times the $1.6 million loss it posted in the same period a year earlier.
March 16 -
Sterling Bancorp in New York has priced its public offering and increased the number of shares the company will offer.
March 16 -
Gary L. Nalbandian, the Harrisburg, Pa., company's president and chief executive, said it will expand organically after its bid for Republic First Bancorp Inc. in Philadelphia collapsed.
March 16 -
Rev Worldwide, a prepaid card marketer that targets underserved markets in India, Romania, Kosovo, Australia and Mexico, is now making plans for the U.S. market.
March 16 -
Metro Bancorp in Harrisburg, Pa., has called off plans to buy Republic First Bancorp in Philadelphia.
March 15 -
Capitol Bancorp Ltd. said Monday that it has a stock redemption agreement with USNY Bank to sell its 51% interest in the $64 million-asset bank.
March 15 -
S.Y. Bancorp Inc. in Louisville announced revised fourth-quarter and full-year results after discovering a fraud-related problem loan.<
March 15 -
In recent weeks some bank stocks have been delisted for failing to meet the market's $1 minimum bid price requirement, and as Nasdaq cracks down, other banks are choosing to delist voluntarily before they get kicked out.
March 15 -
Flagstar Bancorp in Troy, Mich., announced Monday that it is raising additional capital a month after an effort to raise funds from existing shareholders came up short.
March 15



