Pennsylvania

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.

Gerard Champi is getting a vowel upgrade. He will be promoted to CEO from COO of First National Community Bancorp in Dunmore, Pa., this summer, according to a company news release.

BB&T in Winston-Salem, N.C., plans to cut 240 jobs and close 28 branches as part of its integration of National Penn Bancshares.

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.