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U.S. Bancorp on Friday reported a dip in profits, due to a mix of lower fees and higher credit costs.

Royal Financial in Chicago has agreed to buy Park Bancorp in Chicago.

The $22 billion-asset Winstrust said in a press release Thursday that it will pay $30 million in cash for the parent of the $125 million-asset Foundations Bank.

First Business Financial Services in Madison, Wis., said it has hired Edward Sloane Jr. to be its next chief financial officer.

Firstrust Bank has signed a marketing deal with the Philadelphia 76ers, even though the NBA team plays in an arena emblazoned with the name of another bank — and will until 2024.

Four Oaks Fincorp in Four Oaks, N.C., has refinanced $11.5 million in subordinated debt.

Higher wealth management fees and improved interest income led First Republic Bank in San Francisco to double-digit profit growth in the fourth quarter.

BOK Financial in Tulsa, Okla., has acquired E-Spectrum Advisors, a Dallas investment bank that focuses on the energy sector.

Nine former officers and directors accused of hiding problems at Superior Bank in Birmingham, Ala., will pay more than $1 million in penalties as part of settlements with the Securities and Exchange Commission.

American National Bankshares in Danville, Va., has named Cathy Liles its chief accounting officer.

U.S. lawmakers called for federal investigations into Clayton Homes, the mobile-home business at Warren Buffett's Berkshire Hathaway, after the Seattle Times and BuzzFeed News wrote that the company targeted minority borrowers and charged them higher interest rates on average than whites.

BOK Financial in Tulsa, Okla., is the latest banking company to warn about deepening credit issues in the energy sector.

Codorus Valley Bancorp in York, Pa., will soon have a new leader for its bank.

Umpqua Holdings in Portland, Ore., has hired Tory Nixon, who played for the San Francisco 49ers in the 1980s, as head of commercial banking.

Valley National Bank in Wayne, N.J., has a new chief administrative officer.

Chris Bauer, who navigated Anchor BanCorp through bankruptcy and an IPO, will stay with Old National in an unspecified role. Old National, meanwhile, has added Wisconsin to the list of states where it is looking for acquisitions.

Mary Kay Bates, who had been chief operating officer in January 2014, was promoted to president of the $724 million-asset bank in Spirit Lake, Iowa.

David Foss is set to become chief executive of Jack Henry & Associates in July. He will remain president of the technology and payment processing services provider.

Bridgewater Bank in Bloomington, Minn., has agreed to buy First National Bank of the Lakes in Orono, Minn.

Old National Bancorp in Evansville, Ind., has agreed to buy Anchor BanCorp Wisconsin in Madison.