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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 -
Prosperity Bancshares Inc. in Houston beat analysts' estimates for its fourth-quarter earnings.
January 22 -
Superior Bancorp in Birmingham, Ala., has taken another step in its efforts to improve its capital position.
January 22 -
Following a regulatory exam, Sterling Banks Inc. in Mount Laurel, N.J., said it will restate its results for the second and third quarters of 2009.
January 22 -
The Federal Reserve said Thursday it has taken enforcement action against California's Tamalpais Bancorp in an effort to ensure that it maintains sufficient capital.
January 22 - Illinois
WASHINGTON — In an unusual congressional hearing, regulators were essentially put on trial Thursday for having closed a Chicago-based chain of community banks last fall.
January 21 -
Sterling Bancshares Inc. in Houston reported Thursday that it returned to profitability in the fourth quarter, after a sharp loss in the third quarter.
January 21 -
Valley National Bancorp announced Thursday that it is slowing de novo branch expansion in New Jersey and New York as it sees the opportunity to expand through acquisition.
January 21 -
First Niagara Financial Group Inc.'s acquisition of a western Pennsylvania branch network from PNC Financial Services Group Inc. is working out better than it had expected.
January 21 - Texas
Fifth Third Bancorp, KeyCorp and Comerica Inc. may not have closed the book on losses stemming from the financial crisis, but they certainly appear to have begun a new chapter.
January 21 -
Now with a war chest of capital, a clean balance sheet and willing management, Hancock Holding is primed to take advantage of down-cycle opportunities and is actively seeking acquisitions in Florida.
January 20 -
Prosperity Bancshares Inc. in Houston is set to pick up Texas branches that were once owned by FBOP Corp.
January 20


