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Amcore Financial, a $5.1 billion-asset company in Rockford, Ill., reported a loss of $10.7M in the second quarter, its sixth consecutive loss.

Under Jay Sidhu, the former chairman and CEO of Sovereign Bancorp, New Century Bank, plans to launch an aggressive mortgage warehouse lending initiative.

Webster Financial Corp. of Waterbury, Conn., is getting a $115 million infusion from the private-equity firm Warburg Pincus LLC.

First Pittsburgh. Now Philadelphia. And First Niagara Financial Group Inc. says there's more to come. The Lockport, N.Y., company announced Monday that it had agreed to buy the struggling Harleysville National Corp. for $237 million in stock, or $5.50 a share. By itself, the deal would add $5.6 billion in assets and 83 branches in demographically attractive counties around Philadelphia to the $11.6 billion-asset First Niagara. Combined with a deal announced in April for 57 former National City Corp. branches in the western part of the Keystone State, the Harleysville National acquisition would increase First Niagara's asset size by 87% and double its branch count.

F.N.B. Corp. in Hermitage, Pa., said Friday it made progress on reducing its troubled Florida loans.

Nonperforming assets continued to rise at an already stressed Citizens Republic Bancorp of Flint, Mich., in the second quarter, as the Michigan economy deteriorated further.

With loan trouble continuing to escalate, United Community Banks Inc. in Blairsville, Ga., swung to a $23.1 million operating loss in the second quarter, from a $7.1 million operating profit a year earlier.

Recognizing the cash crunch many small businesses are facing, a Colorado banking company has come up with a plan to help them increase their visibility — and, it's hoped, their sales — without increasing their marketing budgets.

Capitol Bancorp Ltd. has spent years expanding into growth markets to offset the sputtering Michigan economy. But now Capitol, sputtering itself, is practically dumping its home state.

Though its Florida bank unit continued to struggle, Park National in Newark, Ohio, earned $19.9M in the 2Q, a 9.2% increase from a year earlier.

Though its Florida bank unit continued to struggle, Park National in Newark, Ohio, earned $19.9M in the second quarter, a 9.2% increase from a year earlier.

As it prepares to report an anomalous quarterly loss, West Bancorp. Inc. in West Des Moines is searching for a new chief executive officer.

East West Bancorp Inc. in Pasadena, Calif., which has raised $168.9 million of common equity in the past several weeks, is trying to bring in more.

S&T Bancorp Inc. in Indiana, Pa., said Monday that it swung to a $10.2 million loss in the second quarter, from a $13.9 million profit a year earlier, mostly because chargeoffs spiked to $34.6 million, or 3.91% of average loans.

Omni Community CU sweetens annual rebate with chance to double cash-back reward

With the backing of its deep-pocketed parent, Mutual of Omaha Bank intends to continue buying troubled or failed banks, and within 10 years it could even "rival" its ...