Missouri

The company wants to supplement the loss of revenue from mortgage banking with a potentially large acquisition. CEO Gary Douglass says he is interested in banks with $400 million to $1 billion in assets.

UMB Financial (UMBF) in Kansas City, Mo., reported a big jump in profits as the company benefited from loan growth and a rise in fee income.

Great Southern Bancorp (GSBC) in Springfield, Mo., has agreed to buy two branches from Boulevard Bank in Neosho, Mo.

Three Missouri businessmen accused of defrauding Excel Bank, which later failed, were arraigned in federal court in St. Louis on Friday.

The $534 million-asset company said Wednesday that it sold about 203,000 shares of common stock and nearly 400,000 shares of non-voting common stock at $16.80 each to Castle Creek Capital Partners.

Great Southern Bancorp (GSBC) in Springfield, Mo., bought a loan portfolio from an unnamed seller.

Pulaski Financial (PULB) in St. Louis said Monday that it had discovered a fraud scheme by a commercial borrower that wiped out the profit for its latest quarter and nearly a third of its annual profit.

Southern Missouri Bancorp (SMBC) in Poplar Bluff has agreed to buy Citizens State Bankshares of Bald Knob in Arkansas.

Reliance Bancshares in St. Louis was headed toward potential failure when a semi-retired banker, Tom Brouster, stepped in as an investor. Executives broke down their challenges into manageable tasks, focused intently on cleaning up bad loans and are now ready to start lending and pursuing M&A, he says.

UMB Financial Corp. (UMBF) in Kansas City, Mo., posted its 14th consecutive quarter of loan growth for the period ending Sept. 30.

Great Southern Bancorp (GSBC) in Springfield, Mo., beat analysts' estimates in the third quarter by reducing expenses and improving credit quality.

Pulaski Financial (PULB) in St. Louis is losing the president of its mortgage division.

Dorothy Savarese knows as well as any community banker the frustrations from mounting regulation. Empirical studies can illuminate compliance burdens — and their broader consequences — for policymakers, the Massachusetts thrift executive says.

Bank buyers should run potential deals by regulators early to avoid "landmines" and speed applications, officials from the Office of the Comptroller of the Currency say. Proper due diligence, succession planning and risk management are among the things they look for.

Country Club Bank in Kansas City, Mo., has promoted several executives.

Midland States Bancorp in Effingham, Ill., has agreed to buy Heartland Bank in St. Louis to lower its reliance on interest income, strengthen fee income and improve its chances at going public.

James Watson, the bank's president, will become CEO on Oct. 1, the $1.1 billion-asset company said Thursday.

The Treasury Department will receive $91 million from its latest auction. The agency announced plans last week to auction nearly $118 million of securities from several small banks.

The Federal Reserve Board has ordered Missouri Bank in Warrenton to pay a civil money penalty for violating the National Flood Insurance Act.

Keene Turner will succeed Frank Sanfilippo, who will become the $3 billion-asset company's chief operating officer, according to a Friday press release.