Location Root Tag

South State Corp. in Columbia, S.C., struggled to increase earnings but held expenses in check after a major acquisition.

Wells Fargo plans to rebrand Burdale Financial, the asset-based lender it purchased nearly three years ago from the Bank of Ireland.

S&T Bancorp in Indiana, Pa., reported higher quarterly profit that benefited from loan growth and improved asset quality.

Cheviot Financial in Cincinnati has agreed to add a director recommended by activist investor Seidman Group.

First Guaranty Bancshares in Hammond, La., has filed for a $75 million initial public offering.

Bank of Hawaii in Honolulu reported higher quarterly profit due to strong loan growth.

Iberiabank is excited to add equipment finance and an SBA lending platform when it buys Old Florida Bancshares. The deal also gives the Louisiana company its first branches in Orlando.

Profits rose at Bridge Bancorp in Bridgehampton, N.Y., on strong loan growth. The $2.2 billion-asset reported net income of $4.9 million in the third quarter, up 56% from a year earlier.

Independent Bank in Ionia, Mich., reported lower quarterly earnings due to margin pressure and a significantly higher tax expense.

Opus Bank in Irvine, Calif., missed third-quarter earnings estimates, largely due to a steep increase in its loan loss provision.

Lakeland Financial in Warsaw, Ind., rode double-digit loan growth and credit-quality improvements to an 18% increase in profits.

Triumph Bancorp in Dallas is looking to raise $123 million through an initial public offering.

Hudson Valley Holding Corp. (HVB), a New York City-area lender with about $3.2 billion in assets, is exploring a sale, people with knowledge of the matter said.

Iberiabank in Lafayette, La., has agreed to acquire Old Florida Bancshares in Orlando.

Citizens Financial Group, releasing results for the first time since its initial public offering, said third-quarter profit rose 31% as the bank set aside less money for bad loans. The firm declared a 10-cent quarterly dividend.

Regulators on Friday closed The National Republic Bank of Chicago, the 16th institution to fail this year.

The company's $800 million goodwill impairment charge may reflect macroeconomic factors, but also likely resulted from a purchase of HSBC branches two years ago. Other banks are unlikely to face the exact same issues, observers said.

PlainsCapital Bank in Dallas said on Friday that it plans to close 11 branches in the Rio Grande Valley.

A Minnesota community bank has made an offer to buy American Bank of St. Paul in what would be the first time a bank was forced into a sale over unpaid trust-preferred debt.

KANSAS CITY, Mo. and SAN FRANCISCO — As the World Series plays on, CEOs at credit unions in the home cities of the Royals and Giants have a friendly wager on the outcome.