Ohio

Shareholders were persuaded to double down on PVF because the new chief executive plans to transform the thrift company into a major player in the disrupted Cleveland market.

PVF Capital Corp. in Solon, Ohio, is expected to amass an additional $30 million of capital by today to combat its growing pool of problem assets.

Regulators closed three banks Friday, including the largest bank subsidiary of bankrupt Advanta Corp., to bring the year's failure toll to 33.

FirstMerit Corp. of Akron, Ohio, will need sharp elbows as it expands into the city of broad shoulders.

Camco Financial Corp. of Cambridge, Ohio, said it narrowed its fourth-quarter loss by $4 million from a year earlier, to $11.8 million.

First Defiance Financial Corp. in Ohio has revised its fourth-quarter earnings.

Despite three big boosts to capital in 2009, First Financial Bancorp in Cincinnati is looking to amass an even bigger treasure chest of capital this year.

The selling spree at Capitol Bancorp continues. The company announced Thursday that it has a definitive agreement to sell Mountain View Bank of Commerce in Colorado ...

The parent company of AmTrust Bank filed for bankruptcy protection Monday, casting doubt on the future of the Cleveland bank's more than 60 branches.

The $186 million-asset Wooster company, which warned this spring that it might fail, announced Monday that it has agreed to sell a majority stake to Excel Financial LLC of St. Clairsville, Ohio, for $15 million.

PVF Capital Corp. in Solon, Ohio, cited a steep increase in its loan-loss provision in reporting that the net loss for its fiscal fourth quarter widened 192% from the year earlier, to $7.9 million.

When it bought the failed bank and thrift units of Irwin Financial Corp. from the Federal Deposit Insurance Corp. last week, First Financial managed to get terms so attractive that others are taking notice.

The struggling Park View Federal Savings Bank of Solon, Ohio, must boost its capital levels by yearend, and it has a new chief executive officer on board to help.

Lorain National Bank selected VINtek in December and began implementation earlier this year of the vendor's electronic lien and title technology.

The $3.8 billion-asset First Financial missed out on the boom years, spending the middle part of the decade quitting unprofitable business lines and markets, and shedding employees.

Regulators closed institutions in five states late Friday, bringing the year's toll to 69 and leaving the FDIC with almost $1 billion more in losses.

Though its Florida bank unit continued to struggle, Park National in Newark, Ohio, earned $19.9M in the 2Q, a 9.2% increase from a year earlier.

Though its Florida bank unit continued to struggle, Park National in Newark, Ohio, earned $19.9M in the second quarter, a 9.2% increase from a year earlier.