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The struggling Integra Bank Corp. in Evansville, Ind., has announced its third branch-sale deal of the year.
March 4 -
City National Corp. in Los Angeles announced Thursday that it has completed repaying the Treasury Department's $400 million investment made under the Troubled Asset Relief Program.
March 4 -
Alexi Giannoulias, a Democrat in a race for the Senate against five-term U.S. Rep. Mark Kirk, a Republican, warned of the possible fate of his family's Broadway Bank during a Wednesday meeting with the Chicago Sun-Times editorial board, according to local media reports. Giannoulias would not comment to American Banker.
March 4 -
Though the $16.4 billion-asset company, led by the real estate developer Howard Milstein, insists its problems are under control, analysts paint a bleak picture of a company that could snap under further stress without additional capital.
March 4 - Texas
Federal Reserve Bank of Dallas President Richard Fisher called for an international pact to break up banks whose collapse would threaten the financial system — a position that goes beyond that of other Fed officials.
March 4 -
One Main Street LLC, an investment fund in New York City, has announced an agreement to buy the tiny Liberty Bank Inc. in Salt Lake City with a plan to expand it into a regional bank.
March 3 - Texas
Bankers committed to taking Texas by storm during the recovery will need to revise their playbooks. Banking companies determined to expand in the state have made it abundantly clear that acquisitions will be a crucial component of achieving growth.
March 3 -
Midwest Banc Holdings Inc. has won another round in its battle for recapitalization, as a result of an unusual move by the Treasury Department.
March 3 - Florida
A pair of Florida court rulings will make foreclosures in this hard-hit housing market even more painful for lenders.
March 2 -
Valley Commerce Bancorp of Visalia, Calif., said it lost $2.1 million in the fourth quarter, compared with earnings of $417,000 a year earlier.
March 2 -
Camco Financial Corp. of Cambridge, Ohio, said it narrowed its fourth-quarter loss by $4 million from a year earlier, to $11.8 million.
March 2 -
Iberiabank in Lafayette, La., is reloading with heavier artillery. The $9.7 billion-asset company announced plans Tuesday to raise another $300 million, plus a 15% option for underwriters.
March 2 -
It sounds counterintuitive: USAA Federal Savings Bank's customers will soon access a more-secure mobile banking service by entering less information.
March 2 -
California United Bank in Encino on Monday announced a 63% decline in profits for 2009 compared with 2008.
March 1 -
Mercantile Bank Corp. in Grand Rapids has revised its fourth-quarter results to reflect a 65% increase in its provision for loan losses.
March 1 -
State regulators shut two banks on Friday, bringing the year's total failures to 22. The failures are expected to cost the Deposit Insurance Fund $103.1 million.
February 26 -
Morphis Inc., a Dallas payments-management software provider, has introduced a low-cost, online cash-forecasting tool that community banks and credit unions can use to manage their automated teller machines.
February 26 -
Glen Burnie Bancorp of Maryland said its 2009 net income rose 212% to $1.26 million.
February 26 -
Sterling Banks Inc. in Mount Laurel, N.J., has given shareholders more information about a restatement for the second and third quarters of 2009.
February 26 -
BancorpSouth Inc. in Tupelo, Miss., surprised investors late last week by announcing it would delay filing its annual report because auditors found asset-quality issues that will likely require an earnings restatement.
February 26





