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First Citizens BancShares in Raleigh, N.C., reported higher quarterly profit that reflected a couple of one-time gains.

Brent Beardall, who has been with Washington Federal since 2001, was named president of the $14.8 billion-asset company and its primary banking unit and retains his job as chief banking officer.

The energy sector downturn led to lower second-quarter profit at Prosperity Bancshares in Houston, which continued to shrink the size of its book of oil and gas loans in response.

United Community Banks in Blairsville, Ga., reported higher quarterly gains spurred by fee revenue.

Valley National Bancorp in Wayne, N.J., reported higher quarterly profit because of loan sales and increases in other fees.

BOK Financial in Tulsa, Okla., reported lower quarterly profit that reflected a still-elevated loan-loss provision.

Cullen/Frost Bankers' second-quarter profit declined slightly compared with a year earlier as gains in net interest income were largely offset by increased chargeoffs and a higher provision for loan losses.

First Commonwealth Financial in Indiana, Pa., has agreed to buy all 13 branches being divested by Huntington Bancshares as part of the approval to acquire FirstMerit.

Banner Corp. in Walla Walla, Wash., reported higher quarterly earnings as it continued to benefit from a recent acquisition.

First Interstate BancSystem in Billings, Mont., reported higher quarterly profit tied to loan growth and increased fee income.

Deposit growth and loan sales gave Flagstar Bancorp's second-quarter profit a lift. The $13.7 billion-asset company said its net income in the three months rose 2.1% to $47 million, or 66 cents a share, compared with last year's second quarter.

The costs to extend buyouts to employees cut into Trustmark's second-quarter profit, as did a drop in mortgage banking.

The $2.1 billion-asset company said in a press release Tuesday that its second-quarter earnings rose 4.7% from a year earlier to $3 million, or 16 cents a share.

Ally Financial in Detroit swung to a profit in the second quarter as a tax benefit outweighed the costs of insurance payouts on hailstorm-damaged vehicles.

Park National in Newark, Ohio, reporter lower quarterly profit that reflected declines in service charges and higher expenses.

EverBank Financial in Jacksonville, Fla., confirmed that it is in talks to sell itself.

KeyCorp in Cleveland posted lower quarterly profit as merger-related expenses cut into the bottom line.

Northwest Bancshares in Warren, Pa., reported a quarterly loss after prepaying some Federal Home Loan Bank borrowings.

Fifth Third Bancorp in Cincinnati has fired its chief legal officer over what it describes as a conflict of interest.

Anchor Bancorp in Lacey, Wash., which has been facing pressure from a prominent activist investor to sell itself, has hired an investment bank to explore strategic options.