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Its numbers are still a bit wanting, but Washington Federal Inc. is distinguishing itself from the pack of recession-hit also-rans in the beleaguered Pacific Northwest.
January 19 -
Mercantile Bank Corp. in Grand Rapids reported Tuesday that it swung to a fourth-quarter loss of $26.4 million, from a profit of $300,000 a year earlier.
January 19 -
Southern First Bancshares Inc. in Greenville, S.C., reported Tuesday its fourth-quarter earnings fell 59% from a year earlier, to $152,000.
January 19 - Minnesota
The government seized banks in three states late Friday, bringing the failure total in the new year to four.
January 18 -
Capitol Bancorp Ltd. continued its selling spree, on Friday announcing its 10th deal since May.
January 15 -
California regulators have approved three more mergers of failed state-chartered credit unions.
January 14 -
Bank consultants say the double denial could signal that the significantly undercapitalized Amcore is running out of options and that without dramatic action to restore its languishing capital the bank's days could be numbered.
January 14 -
First Midwest Bancorp Inc. in Itasca, Ill., on Thursday announced the pricing of its public offering, of 16.4 million shares of common stock.
January 14 -
Old National Bancorp of Evansville, Ind., said Wednesday that its fourth-quarter results would take a hit from a $12 million loss on a "non-real-estate loan participation."
January 13 -
The $4 billion-asset company in Rockford, Ill., announced in a Securities and Exchange Commission filing Wednesday that the Office of the Comptroller of the Currency rejected the company's Dec. 4 capital plan for its Amcore Bank unit, saying it was not based on realistic assumptions.
January 13 - Texas
WASHINGTON — The Federal Deposit Insurance Corp. late Wednesday announced it will sell Independent Bankers' Bank Bridge Bank to The Independent BankersBank of Irving, Texas.
January 13 -
A bank holding company based in Chicago has agreed not to declare or pay dividends without Federal Reserve approval.
January 13 - Texas
Richard Fisher, the president of the Federal Reserve Bank of Dallas, warned Congress Tuesday against supporting proposals that would open central bank policymaking to greater scrutiny and political pressure.
January 12 -
The $499 million-asset company in Elmira, N.Y., reported Tuesday that it earned $4.5 million in 2009, up 50% from a year earlier. The company said the record earnings outpaced its projections for an expansion in the Finger Lakes market in 2007.
January 12 -
North Asia Investment Corp., a $50 million special-purpose acquisition company led by a group of South Korean investors, announced Tuesday that it has agreed to acquire Pacific City Financial Corp., a Los Angeles company that caters to Korean-Americans.
January 12 -
Determining that Barnes Banking Co. of Kaysville, Utah, is "critically undercapitalized," the Federal Reserve Board said Monday that the company should issue new shares or sell itself to another depository institution by Friday.
January 11 -
Capitol Bancorp Ltd. in Lansing, Mich., announced Monday that it has a deal to sell its 51% stake in Adams Dairy Bank in Blue Springs, Mo., to the bank's board of directors.
January 11 -
The $3.5 billion-asset company in Charleston, S.C., said in a press release late Friday that it expects to record a loan-loss provision of $25 million to $26 million for its quarter that ended Dec. 31.
January 11 -
A new round of watchdog reports says the Federal Deposit Insurance Corp. could have been tougher in regulating three community banks that later closed.
January 11 -
Bankers formerly with large institutions are finding opportunities at smaller banks, particularly after their former employers failed or were merged into other companies.
January 11


