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Loan sales helped a growing number of community banks push some of their problems out the door in the fourth quarter.
January 29 -
The $14.8 billion-asset thrift company announced late Wednesday that MatlinPatterson Global Advisors LLC, a New York private-equity firm, injected $300 million into Flagstar as part of a rights offering announced late last year.
January 28 -
Even as many other community banks have recoiled, Iberiabank Corp. lately has been on a growth tear — raising capital, buying four failed banks and picking up lending teams from competitors.
January 28 -
Fifth Third Processing Solutions LLC said Thursday that five banks have agreed to use its processing services.
January 28 - Texas
Cardtronics Inc.'s agreement to deploy automated teller machines aboard five Carnival Cruise Line ships is a sign of growing competition in this lucrative niche.
January 28 - Texas
With more than half of BBVA Compass' branches based in the Lone Star state, the unit's large 2009 loss tied to commercial real estate loans is casting doubt on Texas's immunity to the economy.
January 27 -
With nonperforming assets declining and two consecutive profitable quarters under its belt, the Atlanta company is planning for a year of black ink.
January 27 -
Despite three big boosts to capital in 2009, First Financial Bancorp in Cincinnati is looking to amass an even bigger treasure chest of capital this year.
January 27 -
Heartland Financial USA Inc. of Dubuque, Iowa, reported a net 2009 loss of $9.2 million for common shareholders, 200% larger than the 2008 loss.
January 26 -
Signature Bank reported Tuesday that fourth-quarter earnings rose more than 60%, capping what the New York company said was its best year since its inception in 2001.
January 26 -
After three consecutive quarterly losses, Virginia Commerce Bancorp Inc. announced Tuesday that it returned to profitability in the fourth quarter.
January 26 -
Shares of Nara Bancorp Inc. fell 5.5% early Tuesday, but rebounded to close down 1.24% to $8.73 after the Los Angeles company announced a fourth-quarter loss. It was, however, an 85% narrower loss than posted a year earlier.
January 26 -
With dwindling capital and mounting losses, ShoreBank Corp. in Chicago is seeking a bailout from the state of Illinois.
January 26 -
The Federal Reserve said Monday that it has ordered Cornerstone Bancshares Inc. of Overland Park, Kan., to submit plans to strengthen its credit risk management and improve its capital position, earnings and budgeting.
January 26 -
Bank of Hawaii Corp. in Honolulu said Monday that its fourth-quarter earnings rose 3% from a year earlier, to $40.5 million as growth in noninterest income was offset by higher credit costs and a lower margin.
January 25 -
After nearly two years of rapid asset growth, PrivateBancorp Inc. in Chicago is expected to have a much slower 2010 as it gets its financial house in order.
January 25 -
Regulators may be more open to selling failed banks to nontraditional owners — or maybe there are just fewer buyers.
January 25 - Washington
WASHINGTON — Regulators seized five banks in as many states Friday, bringing the 2010 failure total to nine.
January 25 -
Midwest Banc Holdings Inc. has won one round in its battle for recapitalization. The $3.5 billion-asset company in Melrose Park, Ill., announced Friday that it persuaded 82% of its Series A preferred shareholders to convert to common shareholders.
January 22 -
DFCU Financial, Michigan's largest CU, gave its members what it is calling its own economic stimulus earlier this month — a credit union-record $19 million special dividend.
January 22



