New York

TrustCo Bank (TRST) in Glenville, N.Y., reported higher quarterly profits because of loan growth and improved asset quality.

The $22.4 billion-asset company reported a profit of $64.3 million, or $1.34 per share, a 28% increase from the same quarter in 2012.

Arrow Financial (AROW) in Glens Falls, N.Y., posted higher earnings in the fourth quarter as it benefited from lower expenses related interest-earning deposits.

M&T Bank (MTB) reported fourth-quarter earnings well short of analysts' estimates, capping a challenging year in which regulatory troubles led to spiraling costs.

Citigroup officials were granted access Wednesday to the Manhattan site of a 30-hour, six-alarm fire that destroyed a two-story branch over the weekend.

Tompkins Financial (TMP) in Ithaca, N.Y., has promoted Scott Gruber to chief executive of its subsidiary VIST Bank in Wyomissing, Pa. He succeeded Robert Davis, who retired as chief executive on Dec. 31.

Pathfinder Bancorp (PBHC) in Oswego, N.Y., has named longtime director Chris Burritt as its chairman.

Buoyed by its success on the West Coast, Operation Hope is partnering with the likes of SunTrust and Popular Community Bank to set up its financial literacy centers in such cities as Memphis, Atlanta, Washington and New York.

In a wide-ranging interview, Carver Bancorp CEO Deborah Wright says she expects 2014 to see the New York bank target more underbanked customers, expand lending to nonprofits and serve as a beacon of hope to other minority-owned banks.

CMS Bancorp (CMSB) in White Plains, N.Y., plans to terminate its sale to Customers Bancorp (CUBI) in Wyomissing, Pa.

Hudson Valley Holding (HVB) in Yonkers, N.Y., has hired a former regulator to be chief risk officer for its bank.

First Niagara Financial (FNFG) in Buffalo, N.Y., didn't have to look far to find its next president and chief executive, even though the search process lasted nine months.

Joseph Lucarelli was elected by the $4.5 million-asset company's board to serve a one-year term starting Jan. 1, the company said in a regulatory filing Tuesday.

Keith Darcy, longtime head of the Ethics & Compliance Officer Association and former director of E-Trade Bank and New York National Bank, has joined Deloitte's compliance group as a senior advisor.

The $7.3 million-asset company said late Thursday that it will buy a professional-services practice from EBS-RMSCO, a Lifetime Healthcare unit, for an undisclosed price.

The Federal Reserve Board has ended a regulatory action against PathFinder Bancorp (PBHC) in Lake Oswego, N.Y.

Ed Grebow abruptly left the New York bank after just two years. The union-controlled bank, backed by private equity and stabilized by its departed CEO, wants a leader who can generate a return on investment.

Joseph Bella, who operates several debt collection companies in the Buffalo region, is accused of illegally contacting borrowers' employers in search of information about their Social Security numbers, hourly wages and hiring dates.

Amalgamated Bank in New York, N.Y., has appointed one of its former leaders to temporarily replace its president and chief executive.

Berkshire Bancorp (BERK) in New York plans to delist from the Nasdaq and deregister its common stock.