Pennsylvania

Elmer Laslo, the chief executive of 1st Summit Bank in Johnstown, Pa., for 39 years, likes to say he manages "by walking around." Not only does his approach resonate with employees in a big way, it has helped keep 1st Summit among the most profitable publicly traded small banks in the country.

Popular among employees: Four times a year, 1st Summit hosts outings partly to recognize employees for jobs well done, but also to give them a chance to socialize with each other. The biggest of these events is a summer picnic, held every August. It includes a softball game and other outdoor activities and is followed by an awards ceremony.

Popular with employees: Muncy Bank employees bring dishes to share for monthly luncheons.

F.N.B. in Pittsburgh plans to retain some Yadkin Financial executives and assign them to key roles after it closes its purchase of the North Carolina bank.

The $185 million-asset bank said in a press release Tuesday that it is offering 800,000 shares of its common stock at a price of $7.50 each.

The $359 million-asset Merchants said in a press release Friday that Rocco Del Vecchio will succeed Anthony Biondi as chief executive on Aug. 22. Biondi is retiring after 12 years on the job.

Customers Bancorp in Wyomissing, Pa., plans to sell $50 million in common stock.

CNB Financial in Clearfield, Pa., has picked a veteran director to be its next chairman, the sixth in the company's 32-year history.

NexTier Bank in Butler, Pa., has tapped its chief operating officer as its next leader.

Susan Ralston plans to stay with Dollar Bank after the Pittsburgh mutual absorbs Bank @tlantec in Virginia Beach, where she is CEO. The longtime executive also plans to keep pushing for reforms designed to preserve the mutual banking model.

Quaint Oak Bancorp in Southampton, Pa., has bought the rights to a portfolio of personal and commercial insurance policies.

First Commonwealth Financial in Indiana, Pa., has agreed to buy all 13 branches being divested by Huntington Bancshares as part of the approval to acquire FirstMerit.

Northwest Bancshares in Warren, Pa., reported a quarterly loss after prepaying some Federal Home Loan Bank borrowings.

F.N.B. Corp. in Pittsburgh is making a big play to enter North Carolina.

PNC Financial Services Group in Pittsburgh reported lower quarterly profit that reflected a decline in asset management fees and Volcker Rule-mandated devaluation of some investments.

Community banks are stepping up efforts to raise cheap capital to fuel loan growth, make acquisitions and redeem pricier sources of funds.

Franklin Financial Services in Chambersburg, Pa., has find a successor for its chief executive.

Dollar Bank in Pittsburgh has agreed to buy Bank @lantec in Virginia Beach.

At least three community banks have hired lenders who once worked at banks bought by BB&T. The question is whether those lenders can coax their clients to also make a switch.

Fulton Financial in Lancaster, Pa., has hired Lynn Ozer as president of Small Business Administration lending. Before joining Fulton, Ozer led a small-business lending team at Susquehanna Bancshares that was largely dismissed after the company's sale to BB&T.