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Upon disclosing its third and largest branch deal Tuesday, Amcore Financial Inc. made another announcement: its capital ratios are finally headed in the right direction.
January 5 -
Count the merchant acquirer First American Payment Systems LP among the U.S. payment processors looking abroad for growth.
January 5 -
Like a lot of companies, TLCM Holdings LLC in Richardson, Texas, was shopping for a failing bank. Its plan: transform the target's business model to provide a secondary market for bank loans.
January 4 -
Four Oaks Fincorp Inc., the holding company for Four Oaks Bank and Trust Co. of Four Oaks, N.C., announced Monday that it completed the acquisition of Nuestro Banco on Dec. 31.
January 4 -
Webster Financial Corp. announced Monday that it plans to expand its business banking portfolio by $400 million in the coming year.
January 4 -
First Community Bank Corp. of America is aiming to raise capital to immediately boost capital levels at its thrift and amass cash for further capital needs.
January 4 -
TLCM Holdings LLC, a new holding company in Richardson, Texas, has agreed to acquire EJ Financial Corp. in Dallas. TLCM and EJ Financial announced the deal late Wednesday, without disclosing the price.
January 3 -
An Illinois banking company has agreed to submit a plan designed to improve the condition of the lender, the Federal Reserve said Wednesday.
December 31 -
Following a regulatory exam, Preferred Bank in Los Angeles announced Wednesday that it will restate its third-quarter earnings, bringing its loss for the quarter to as much as $5 a share, according to one analyst's estimate.
December 30 -
With little competition, Horizon Bancorp in Michigan City, Ind., was able to create its own playbook for a deal announced late Tuesday in which the company agreed to buy pieces of the $122 million-asset American Trust and Savings Bank in Whiting, Ind.
December 30 -
The board of directors of United Community Banks Inc. in Blairsville, Ga., said Tuesday that it was temporarily suspending its quarterly dividend to avoid further dilution of its shares and improve its liquidity.
December 30 -
Sometimes the best deal is the one that doesn't happen. That appears to be the case for Sterling Bancshares in Houston, which announced this week that it had called off its 19-branch deal with First Banks Inc. The sale was set to close by Dec. 31.
December 29 -
Pacific Capital Bancorp Inc. plans to sell its tax division — its most profitable line — after regulators blocked the company from making new tax loans in the coming year.
December 28 -
First Chester County Corp. executives have decided that selling the bank at a steep discount to another Pennsylvania company is a better option than remaining an independent, struggling institution.
December 28 -
Unable to gain timely regulatory approval, Metro Bancorp Inc. has again delayed its acquisition of Republic First Bancorp Inc. in Philadelphia.
December 27 -
Royal Bancshares of Pennsylvania announced it has terminated an agreement to sell its Royal Asian Bank unit to a group of investors.
December 22 -
The main culprit in last week's demise of Independent Bankers' Bank in Springfield, Ill., was not an ailing loan portfolio but poorly performing investments in other banks.
December 22 - Arizona
President Obama is due to meet today with 11 chief executives of community banks, following up on a meeting with the heads of larger institutions last week.
December 22 -
Shares of Amcore Financial in Rockford, Ill., rose Monday on roughly four times their average volume, extending a rally that began after the banking company amended a credit facility.
December 21 -
City National Corp. in Los Angeles expanded its asset size by roughly 5% last weekend in its largest deal to date by acquiring the failed Imperial Capital Bank in La Jolla, Calif.
December 21



