Pennsylvania

WASHINGTON — In the first three closures of the year, regulators shuttered institutions in Georgia, Florida and Pennsylvania.

Susquehanna Bancshares Inc. in Lititz, Pa., said it expects to complete its acquisition of Tower Bancorp in Harrisburg, Pa., on Feb. 17 after securing regulatory approval.

Susquehanna Bancshares Inc. in Lititz, Pa., is scouting for a new president to run its Baltimore-area operations following the promotion of its current market president to a larger post within the company, the Baltimore Business Journal reported Friday.

Two acquirers tied up some loose ends Friday as the yearend approached.

Susquehanna Bancshares Inc. in Lititz, Pa., is planning to eliminate nearly 350 jobs in Pennsylvania and Maryland, according to notices it filed with labor departments in both states this month.

Shares of Republic First Bancorp Inc. soared Wednesday after the Philadelphia company announced that it had sold $59 million of mostly problem real estate loans to a single investor.

Shareholders for Parkvale Financial Corp. in Monroeville, Pa., have approved the company's sale to F.N.B. Corp.

Beneficial Mutual Bancorp Inc. of Philadelphia has agreed to acquire SE Financial Corp.

First Commonwealth Financial Corp. in Indiana, Pa., said Monday that its president and chief executive is retiring.

Royal Bancshares of Pennsylvania Inc. in Narberth, Pa., said Friday in a regulatory filing that it was once again in compliance with the Nasdaq's listing requirement for minimum bid prices.

First National Community Bancorp Inc. in Dunmore, Pa., said Friday that it had restated financial results for 2009 and two quarters in 2010 after an internal audit uncovered inaccuracies in its accounting for loans losses.

Freed from an enforcement order that had restricted its growth, Royal Bancshares Inc. in Narberth, Pa., has brought in a seasoned veteran to lead its expansion in small-business lending.

Royal Bancshares of Pennsylvania Inc. in Narberth said Tuesday that regulators had terminated its July 2009 consent order.

CNB Financial Corp. in Clearfield, Pa., said Tuesday that Charles R. Guarino had resigned as the company's treasurer and principal financial officer.

Royal Bancshares of Pennsylvania Inc. reported a third-quarter loss of $1.9 million and an impairment charge overshadowed improved credit trends.

National Penn Bancshares Inc. said Friday that third quarter earnings more than doubled from a year earlier, to $24.8 million, after the company recorded no loan-loss provision.

Metro Bancorp Inc. in Harrisburg, Pa., posted a third-quarter loss of $5.7 million due to increases in the loan loss provision and chargeoffs.

Royal Bancshares of Pennsylvania Inc. in Narbeth said Friday that Wayne Huey Jr. was elected to its board.

Fulton Financial Corp. in Lancaster, Pa., has unveiled the management team for its newly created New Jersey bank.

In its second-to-last quarter as an independent company, Parkvale Financial Corp. in Monroeville, Pa., reported a a profit of $1.7 for the quarter that ended June 30, compared to a loss of $21.2 million in the same period last year.