Pennsylvania

Pennsylvania state regulators on Friday closed the $103.3 million-asset First CornerStone Bank in King of Prussia, the third institution to fail this year.

Prudential Bancorp in Philadelphia has a new chief executive.

Investors Bancorp in Short Hills, N.J., has agreed to buy Bank of Princeton in Princeton, N.J.

Penn Community Bank didn’t have a CFO until it hired Stephanie Austin, who won praise for building a solid finance department at her previous job.

F.N.B.'s acquisition of Metro Bancorp bulked up the Pittsburgh company's loan book, but M&A costs ate into its first-quarter profit.

Profit declined at Fulton Financial in Lancaster, Pa., in the first quarter, as broad-based loan growth was offset by a drop in noninterest income.

Richard Krauland will retire later this year as chief executive of NexTier Bank in Butler, Pa., after leading the institution through two mergers and name changes.

William Penn Bancorp in Levittown, Pa., is facing pressure from an activist to conduct a mutual conversion.

Meridian Bank in Malvern, Pa., has raised $13.8 million through a sale of common stock.

Beneficial Bancorp in Philadelphia is planning to eliminate 11% of its workforce over the next three months.