New Jersey

Thomas O'Brien made good on a 2015 promise to turn a profit in every quarter. This year, his goal is to stay profitable to earn back a deferred-tax asset that should meaningfully increase the New Jersey company's valuation.

Three banks have redeemed shares of preferred stock to make their exits from the Small Business Lending Fund.

Investors Bancorp in Short Hills, N.J., has hired a former Capital One Financial executive to head its enterprise risk management team.

Eagle Bancorp in Bethesda, Md., has added equipment leasing to its lineup of commercial banking products.

The board of Pascack Bancorp in Waldrick, N.J., spent years debating whether to sell the company or remain independent.

NexBank in Dallas has bought College Savings Bank in Princeton, N.J.

People’s United Financial in Bridgeport, Conn., has dismissed three employees in the wake of alleged fraud on commercial real estate loans.

M&T Bank has begun dismissing former Hudson City Savings Bank workers in New Jersey, following the completion of its acquisition of the company.

CIT Group, the commercial lender that’s expanded into retail banking, posted profit that beat analysts’ estimates as loans and deposits increased with the acquisition of OneWest Bank Group.

Investors Bancorp in Short Hills, N.J., posted higher profit in the third quarter, with strong interest income growth offsetting higher employee-related costs.

M&T Bank in Buffalo, N.Y., has completed its acquisition of Hudson City Bancorp in Paramus, N.J., putting to rest a deal that had been announced more than three years earlier.

Berkshire Hills Bancorp in Pittsfield, Mass., has agreed to buy a unit from Parke Bancorp in Washington Township, N.J., that focuses on Small Business Administration loans.

Valley National Bancorp in Wayne, N.J., reported a jump in third-quarter earnings on growth in lending and fee income.

New York’s attorney general called on more than 90 banks including units of Toronto-Dominion Bank and HSBC Holdings to revamp customer screening procedures to give poor people better access to financial services.

First Partners Bank in Birmingham, Ala., and Highlands Bancorp in Vernon, N.J., have both issued subordinated debt, as part of their plans to exit the Small Business Lending Fund program.

Regal Bank in Livingston, N.J., isn’t letting its privately held status deter it from pursuing acquisitions.

Daniel P. Dyer, the chief executive officer of Marlin Business Services in Mount Laurel, N.J., has retired.

Regal Bank in Livingston, N.J., has agreed to buy Community First Bank in Somerset, N.J.

Valley National Bank in Wayne, N.J., has named Bernadette Mueller senior Community Reinvestment Act officer.

Marlin Business Services in Mount Laurel, N.J., has partnered with property and casualty insurer Hartford Financial Services Group to expand services for its core clientèle.