Location Root Tag

AmeriServ Financial in Johnstown, Pa., will record a first-quarter loss because an unnamed energy-sector client plans to liquidate under bankruptcy protection.

Apple Bank for Savings in Manhasset, N.Y., said Thursday that Chief Operating Officer Steven Bush is taking over as chairman, president and CEO from Alan Shamoon, who is retiring.

Brickell Bank in Miami has bought a trade finance portfolio from the investment brokerage firm INTL FCStone.

Blue Ridge Bankshares in Luray, Va., has agreed to buy River Bancorp in Martinsville, Va.

Franklin Financial Network in Franklin, Tenn., plans a debt issuance to pay for its recently completed exit from the Small Business Lending Fund and to fund other activities.

First State Bank of DeKalb County in Fort Payne, Ala., has agreed to buy First Bank of the South in Rainsville, Ala.

Former Oklahoma governor and American Bankers Association chief Frank Keating has been named a director of BancFirst in Oklahoma City.

Huntington Bancshares has partnered with the owner of the NBA's Detroit Pistons to provide $25 million in financial support in Flint, Mich., in response to the city's drinking water crisis.

State Street has agreed to buy General Electric's asset management unit for as much as $485 million.

Wells Fargo has agreed to pay the state of California $8.5 million to settle a probe into its failure to tell consumers it was recording their calls.

A former staff attorney with New York's city government has been named the top lawyer for the New York State Department of Financial Services.

Western Alliance Bancorp. in Phoenix has agreed to buy GE Capital's hotel franchise finance loan portfolio.

ESSA Bancorp in Stroudsburg, Pa., has a new chairman and two new independent directors.

ConnectOne Bancorp in Englewood Cliffs, N.J., has exited the Small Business Lending Fund program.

Opus Bank in Irvine, Calif., has hired Jeffrey Zaks, a CIT Group banker, to lead its new media and entertainment lending group.

Robertson Banking Co. in Demopolis, Ala., has given its president, Gary Holemon, the additional title of chief executive.

The president and chief banking officer at Heritage Oaks Bancorp in Paso Robles, Calif., plans to leave the company next month.

HomeTrust Bancshares in Asheville, N.C., will name a the former North Carolina market president for Fifth Third Bancorp to its board, along with two other professionals.

With energy stocks enjoying the biggest rebound since the beginning of the oil rout, short sellers have shifted their sights to regional banks that do business with the industry.

Hancock Holding is warning of more pain in its energy portfolio as low prices continue to hamper oil and gas firms’ ability to repay their loans.