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Hancock Holding in Gulfport, Miss., has begun a $150 million common stock offering, just after reporting that its third-quarter earnings slipped 4.9% from the year earlier, but rose 10.7% from the second quarter, to $15.2 million.
October 19 -
In reporting third-quarter earnings of $6.9 million, Hudson Valley Holding in Yonkers, N.Y., said a $90 million common stock offering it has in the works was prompted partly by regulators.
October 19 - California
San Joaquin Bank in Bakersfield, Calif., became the industry's 99th failed institution of the year late Friday.
October 16 -
If at first you don't succeed, go hostile? That's Porter Bancorp Inc.'s strategy as the $1.7 billion-asset company pursues the $339 million-asset Citizens First Corp. in Bowling Green, Ky.
October 16 -
Regulators have strengthened an order against Second Federal Savings and Loan in Chicago, directing the $251 million-asset thrift to hold more capital than usually expected of institutions.
October 16 -
Just three months after saying its problems had begun to level off, Sterling Financial Corp. in Spokane, Wash., unexpectedly ousted its longtime leader and was ordered by regulators to boost capital levels.
October 15 -
Most struggling bank companies are clamoring for someone, anyone willing to help, but Patriot National Bancorp Inc. is sizing up its suitors.
October 14 - Nevada
U.S. Bancorp picked up $800 million of deposits in Nevada from BB&T Corp. Tuesday, a week after negotiations for a sale of branches in the state broke down between BB&T and Global Consumer Acquisition Corp. of New York.
October 14 -
Texas Dow Employees CU, one of the largest locally-owned financial institutions, is calling on Texans to shun the out-of-state and international banks that are buying up increasing parts of the local market.
October 14 -
Citing the possibility of regulatory orders that might impose higher capital requirements, three West Coast banking companies are moving forward with stock offerings.
October 13 -
Instead of reporting third-quarter results as expected Tuesday, Enterprise Financial Services Corp. in Clayton, Mo., announced a delay.
October 13 -
Ordered by regulators to improve capital ratios at its bank unit, First Mariner Bancorp of Baltimore is unloading a consumer finance arm for about half of what it thinks the business is worth.
October 13 -
Sun Bancorp Inc. in Vineland, N.J., warned Friday that it expects to report a third-quarter provision for loan losses of $16.2 million, a 133% increase from the second quarter.
October 9 - Texas
Bank of America Corp. should not promote either Brian Moynihan or Gregory Curl to chief executive because both are "tainted" by the Merrill Lynch & Co. takeover, according to a shareholder.
October 9 -
As the former chief executive of Fair Isaac Corp., Larry E. Rosenberger knows a thing or two about credit risk. Now he's taking one, by extending a $500,000 loan to the cash-strapped Tamalpais Bancorp.
October 6 -
Frontier Financial Corp. of Everett, Wash., is scrambling for capital again, after announcing Monday that its lifesaving deal with a blank-check company had fallen apart.
October 5 -
FirstBank, a $2.2 billion-asset unit of First South Bancorp Inc. in Lexington, Tenn., has agreed to use the i-Remit service from eGistics Inc. for its check processing and wholesale lockbox lines of business, the Dallas archive hosting service announced Monday.
October 5 - Minnesota
State and federal regulators shut three banks late Friday — $538 million-asset Warren Bank in Michigan, $56.3 million-asset Jennings State Bank of Spring Grove, Minnesota and $39.5 million-asset Southern Colorado National Bank in Pueblo — bringing this year's failure total to 98.
October 4 -
For the industry's entrepreneurs, buying a small depository, rather than building one from scratch, has gone from the exception to the rule.
October 2 - Michigan
State and federal regulators shut three banks late Friday — $538 million-asset Warren Bank in Michigan, $56.3 million-asset Jennings State Bank of Spring Grove, Minnesota and $39.5 million-asset Southern Colorado National Bank in Pueblo — bringing this year's failure total to 98.
October 2




